Both China and Hong Kong equity funds last year reported their worst losses in 10 years, which hit many members hard as they are the most popular fund choices and represent a third of all MPF assets. ( read original story ...)
Hong Kong social distancing: malls, delivery platforms seek to turn sit-down restaurants’ loss into their gain
The food and beverage industry has predicted new restrictions, including a ban on dine-in services after 6pm, will lead to billions in losses But delivery services Foodpanda and Deliveroo, and mall ... ( read original story ...)
Hong Kong Home Prices to Accelerate, JPMorgan Says: Chart
Hong Kong’s home prices are expected to accelerate this year on steady local demand, shrugging off a wave of omicron variant infections that’s set to make viewings more difficult, according to ... ( read original story ...)
Tuhu Online Car Services Launching IPO in Hong Kong
Tuhu, a Chinese online car services platform, is relocating its initial public offering (IPO) from the U.S. to Hong Kong. ( read original story ...)
Hong Kong stocks rebound from near 21-month low as tech sell-off, cheap valuations lure investors
Local stocks defied a global sell-off triggered by concerns about higher borrowing costs. Bargain-hunting gained momentum after a rout in Chinese Big Tech on Wednesday. ( read original story ...)
Hong Kong real estate giant leads $90M raise for crypto bank Sygnum
Hong Kong property giant Sun Hung Kai led a $90 million Series B funding round for Swiss crypto bank Sygnum amid the strong demand for digital asset tools in Asia. ( read original story ...)
Omicron coronavirus: Hong Kong’s new social-distancing restrictions leave businesses, residents counting the financial and emotional costs
Businesses warn losses over next fortnight could exceed HK$11 billion, ramp up appeals for financial compensation or fresh subsidies. ( read original story ...)
Hong Kong Officials Under Fire for Partying Despite Covid Threat
Hong Kong’s push to reimpose strict Covid-control measures suffered an embarrassing setback after it emerged 10 government officials had gone to a large party attended by a person believed to have ... ( read original story ...)
Coronavirus: What Hong Kong students are saying about the city’s latest social-distancing rules
To contain the spread of Omicron, Hong Kong is reimposing some of its toughest Covid-19 social-distancing measures from Friday for at least 14 days. While schools will remain open, dine-in services at ... ( read original story ...)
Hong Kong airport authority raises US$4 billion in bond deal, sees strong demand
Hong Kong's airport authority has raised US$4 billion to fund its third runway development in a four-tranche U.S. dollar debt deal, according to a term sheet seen by Reuters, as the city grapples with ... ( read original story ...)
Hong Kong’s airport authority raises US$4 billion in bond deal – term sheet
Hong Kong's airport authority has raised US$4 billion to fund its third runway development in a four-tranche U.S. dollar debt deal, according to a term sheet seen by Reuters.It raised US$1 billion in ... ( read original story ...)
Housing Authority warns cheaper mortgage scheme floated by Hong Kong leader could hurt cash flow in coming years
Housing Authority will run into trouble if government goes ahead with mortgage plan that would slash payments and monthly instalments for subsidised flats, finance committee chair Professor Chan ... ( read original story ...)
Hong Kong Home Prices to Accelerate This Year, JPMorgan Says
Hong Kong’s home prices are expected to accelerate this year on steady local demand, shrugging off a wave of omicron variant infections that’s set to make viewings more difficult, according to ... ( read original story ...)
Linklaters advises the People’s Bank of China on its RMB 5bn bills in Hong Kong SAR
Linklaters acted as international legal advisor to the People's Bank of China (PBOC) on the successful offering of its RMB 5bn 6-month bills in Hong Kong through the CMU BID Service operated by the ... ( read original story ...)