Hong Kong is unlikely to repeat its first quarter economic heroics any time soon as the deepening U.S.-China trade conflict and rising interest rates weigh on the outlook. As a key trading hub for the ... ( read original story ...)
CORRECTED-Hong Kong banks hike mortgage rate, end cheap money era
HONG KONG, Aug 9 (Reuters) - Hong Kong’s top banks are hiking an important mortgage rate, piling pressure on borrowers and raising the risk of a slowdown in one of the world’s most expensive property ... ( read original story ...)
Access to funding is holding Hong Kong back as a start-up hub as Singapore takes the lead
Singapore holds the upper hand on Hong Kong as a place to build a business, with access to funding remaining a challenge in the latter, despite a rising number of venture capital (VC) firms targeting ... ( read original story ...)
UPDATE 1-Hong Kong banks hike mortgage rate, end cheap money era
HONG KONG, Aug 9 (Reuters) - Hong Kong’s top banks are hiking an important mortgage rate, piling pressure on borrowers and raising the risk of a slowdown in one of the world’s most expensive property ... ( read original story ...)
Hong Kong banks hike mortgage rate, end cheap money era
Home prices in Hong Kong have surged nearly three-fold since 2008, propelled by a supply shortage, cheap financing and big flows of money from Chinese investors. HSBC Holdings, Bank of China (Hong Kon... ( read original story ...)
Hong Kong Mortgage Rates Rise Most Since 2013
Hong Kong’s home loan rates are seeing their biggest jump in five years as higher global funding costs boost speculation local lenders will have to finally follow the U.S. Federal Reserve. HSBC Holdin... ( read original story ...)
Hong Kong MTR’s HK$97.1 billion link scandal: consequences, loopholes and solutions
News that workers had cut corners on the work at the expanded ... People want heads to roll, but there are different levels of accountability Carrie Lam, Hong Kong chief executive The city’s leader Ca... ( read original story ...)
China Investors Turn Against Hong Kong Stocks in Market Rout
Chinese investors have gone off Hong Kong stocks again. After turning net buyers in July, mainland traders have been selling the city’s stocks this month, returning to an April-June trend, when they d... ( read original story ...)
Hong Kong man jailed for life in Philippines running out of time in hunt for missing records for appeal
The family of a Hong Kong man serving a 40-year jail sentence in the Philippines for drugs possession are racing against time to find crucial immigration records they believe could prove he is innocen... ( read original story ...)
Chinese Investors Turn Against Hong Kong Stocks Amid Market Rout
(Bloomberg) -- Chinese investors have gone off Hong Kong stocks again. After turning net buyers in July, mainland traders have been selling the city’s stocks this month, returning to an April-June tre... ( read original story ...)
Hong Kong’s IPO Takeoff Is Running Out of Runway
Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. ( read original story ...)
Hong Kong’s autonomy in focus amid calls to cancel speech by pro-independence politician
Mainland China and local authorities are calling for the cancellation of a scheduled speech from a member of a pro-independence Hong Kong political party, raising concerns about the state of free spee... ( read original story ...)
HSBC to pay $765m US fine over crisis-era conduct
Britain's Asia-focused bank HSBC on Monday revealed a $765-million US fine over the lender's actions in the run-up to the subprime crisis, as it also logged rising first-half profits. HSBC said it has ... ( read original story ...)
Banking on Central value
meaning the future property will worth HK$50 billion. Prices of Central offices have been soaring since the auction of the Murray Road car park opposite Hutchison House. I was earlier at the Bank of C... ( read original story ...)