Edmond Lau Ying-pan, executive director and chief executive of HKMC Annuity, wholly-owned by The Hong Kong Mortgage Corporation, said more than 6,000 applications have been received for the annuity ... ( read original story ...)
Hong Kong’s interbank lending rate soars to 10-year high
Still, analysts said that higher funding costs could add further pressure on Hong Kong’s economy, where growth slowed to 0.6 per year on year in the first quarter. The majority of mortgages in the ... ( read original story ...)
Mortgage arrears rate at highest rate since GFC, says Reserve Bank mogaznewsen
The murder that triggered the Hong Kong protests mogaznewsen - Tuesday 18th June 2019 01:59 AM From the Archives, 1985: Four police shot in Melbourne manhunt mogaznewsen - Tuesday 18th June 2019 01:59 ... ( read original story ...)
Hong Kong’s housing market doomed to retreat as trade war deepens, says Credit Suisse
In Hong Kong, retail sales fell 4.5 per cent in April, reflecting the third straight month of decline. Meanwhile, Hibor has risen to 2 per cent, compared to an average of 0.5 per cent in the past 10 ... ( read original story ...)
Hong Kong’s Love of Property Not Dimmed by Massive Protests
Even some of the biggest protests in Hong Kong’s history can’t damp the city’s love of property. While an estimated 2 million people -- more than a quarter of the population -- took to the streets ... ( read original story ...)
Hong Kong protests fade as activists mull next steps
Late Monday, Hong Kong's police commissioner, Stephen Lo Wai-chung, held a news conference where he sought to defuse anger over aggressive police tactics during protests last week. He said only five ... ( read original story ...)
Hong Kong’s extradition turmoil won’t dampen the property market greatly – but China’s economy might
As a keen observer of global markets, I have learned not to be dismissive of political risks, especially those that are downplayed by investors yet have the potential to affect sentiment significantly ... ( read original story ...)
Alibaba proposes share split ahead of reported $20B Hong Kong IPO
Alibaba is being heavily linked with a public listing in Hong Kong, which could reportedly happen in Q3 and raise up to $20 billion. The firm is keeping quiet on those rumors, but it did let slip ... ( read original story ...)
Sweden provides a cautionary digital tale for HSBC
HONG KONG, June 18 (Reuters Breakingviews) - HSBC , should brush up on modern Swedish financial history. A batch of online banking licences in Hong Kong opens the $166 billionUK-based lender to new ... ( read original story ...)
Hong Kong opposition movement largely without leaders
HONG KONG — The largely youth-driven movement of black-clad protesters challenging Hong Kong's government over an unpopular extradition bill is a coalition operating without a clear leadership ... ( read original story ...)
AngelHub Founder Karen Contet Farzem: Hong Kong’s Startup Community is One of the Fastest Growing Ecosystems in the World
Hong Kong’s First Regulated Investment Crowdfunding Platform. In April of this year, AngelHub became the first investment crowdfunding platform to receive a license from a Securities and Futures ... ( read original story ...)
China Backs Hong Kong’s Leader Despite Huge Protests
The Foreign Ministry issued a forceful endorsement of Mrs. Lam on Monday. Beijing’s representatives in Hong Kong called in dozens of local politicians and business leaders to urge them to support her. ... ( read original story ...)
Hong Kong supporters rally outside China’s consulate in Vancouver
but it is unclear how many have roots in B.C. “Many more Canadians will be visiting Hong Kong for business, professional or personal reasons,” said Ivy Li of the group Canadian Friends of Hong ... ( read original story ...)
Hong Kong police clear streets as protesters move to park
HONG KONG -- Protesters in Hong Kong left the streets, averting possible clashes Monday after haggling for hours with police by moving to areas near the city's government headquarters. The ... ( read original story ...)