The difference is that Singapore has met its target in full while Hong Kong delivers only 47 per cent (and these are not the same type of units). The government could easily restore the market for mortgage loans for eligible households with low and middle ... ( read original story ...)
Residential mortgage survey results for January 2017
The Hong Kong Monetary Authority announced the results of the residential mortgage survey for January 2017. The number of mortgage applications in January 2017 decreased month-on-month by 5.6% to 9,914. Mortgage loans approved in January 2017 decreased by ... ( read original story ...)
Hong Kong Regulator Said to Probe CCB International's IPO Work
(Bloomberg) -- Hong Kong’s securities regulator is investigating CCB International Holdings Ltd., the No. 2 underwriter of initial public offerings in the city last year, for its role advising a Chinese seafood supplier on now-scrapped listing plans ... ( read original story ...)
UPDATE 1-Hong Kong pins Aramco IPO hopes on China's deep pockets
HONG KONG, Feb 27 Hong Kong's stock exchange will bank on its role as a gateway to mainland China's deep-pocketed investors to take on other leading venues and win the coveted $100 billion listing of Saudi Arabia's giant state oil company, Aramco, it said ... ( read original story ...)
HKEx CEO: Saudi Aramco IPO on our exchange would be ‘match made in heaven’
Launching the Saudi Aramco initial public offering (IPO) on Hong Kong stock exchange would be a "match made in heaven," Charles Li, CEO of HKEx, told CNBC. The expected listing of the Saudi oil and gas company is predicted to be the world's largest initial ... ( read original story ...)
Who will win the world's biggest IPO?
And as for Hong Kong, Nagata said that exchange may boast China-based institutional investors, but it has fewer individual investors than Tokyo. Speaking with CNBC this week, HKEX CEO Charles Li made his own pitch for Aramco, saying an IPO in Hong Kong ... ( read original story ...)
This Selfie App Has Soared Over 35% Since December IPO
Meitu (1357.Hong Kong), China’s own Instagram, has risen by over 35% after raising about $600 million in an IPO in Hong Kong last December. Meitu is rising for a fourth consecutive day and is trading at 11.62 Hong Kong dollars, a good 37% above its IPO ... ( read original story ...)
Minsheng extends education IPO streak
It will be the third Hong Kong IPO in the education sector this year, coming hot on the heels of Wisdom Education... ( read original story ...)
Hong Kong home prices at record even amid 2017’s three rate increases
Hong Kong residential property prices appear at a disconnect with the uptrending cycle of US interest rates, thanks to strong local buying interest and rising demand from mainlanders seeking to hedge against yuan depreciation. Home prices surged to a new ... ( read original story ...)
Hong Kong leadership rivals clash ahead of 'unfair' vote
Hong Kong's leadership candidates faced off in a live television ... Lam is lagging in most public opinion polls which favour former finance secretary John Tsang, perceived as a more moderate pro-establishment nominee. The third and most liberal candidate ... ( read original story ...)
Hong Kong the most expensive Asian city to build anything in, survey reveals
Hong Kong, already the world’s least affordable urban centre ... America and western Europe combined in the two decades between 1992 and 2013, according to McKinsey Global Institute’s 2016 survey. The Chinese government will pump 1.8 trillion yuan ... ( read original story ...)
Hong Kong drug trafficker on death row moved to Indonesia’s ‘Execution Island’
A Hong Kong drug offender facing the death penalty in Indonesia has been sent to Central Java’s so-called “Execution Island”. Lai Siu-cheung, who was convicted of trafficking 91kg of methamphetamine, was among seven foreign nationals transferred to ... ( read original story ...)
Hong Kong driver arrested after Lexus flies through air, killing two passengers in fiery crash
A 40-year-old man has been arrested for dangerous driving causing death after a Lexus crashed and burst into flames in Fanling early on Tuesday, killing two passengers. The driver was rescued by passers-by before the blaze swept throught the car and burned ... ( read original story ...)
Hong Kong policeman becomes viral sensation after saving Pakistani man
At a time when people can become internet sensations for just about anything, a Hong Kong policeman has gone viral for his using his language skills to save a man's life. The internet has gone wild for a Hong Kong policeman who saved a Pakistani man who ... ( read original story ...)