The first rate cut should lure more homebuyers back to showrooms, and prices are appealing after a 25 per cent slump from peak, analysts say.
Midea’s Shares Jump on Hong Kong Debut After Raising $4 Billion
Shares of Chinese appliance maker Midea Group Co. rose in their debut after Hong Kong’s biggest listing in three years, reviving hopes of a turnaround for the city’s struggling market.
Two Hong Kong men jailed for seditious acts under new security law
A Hong Kong judge on Thursday jailed two men in the city's first sedition cases under a new national security law - one for wearing a shirt with a protest slogan and another for writing similar ...
First people are sentenced under Hong Kong’s tough new security law
A Hong Kong court has sentenced the first two people under a tough new Hong Kong national security law, including a man who was given 14 months in prison for wearing a T-shirt with a protest slogan.
Undiscovered Gems in Hong Kong to Watch This September 2024
As global markets navigate a complex landscape marked by interest rate cuts from the ECB and anticipated actions by the Fed, Hong Kong's market has shown resilience, with its benchmark Hang Seng Index recently giving up only 0.
Asia’s super rich prefer single-family offices to multi-family ones for tighter control of wealth
Smaller single-family offices may seek to consolidate to mitigate higher operating costs. Read more at straitstimes.com.
Hong Kong investigators say Cathay Pacific’s A350 engine defect could cause ‘extensive’ damage
Hong Kong aviation investigators say an engine problem that caused Cathay Pacific to ground its entire fleet of Airbus A350 jets for inspection earlier this month could have escalated into “extensive ...
Hong Kong-listed CSPC Pharmaceutical to buy back shares worth $640 mln
Hong Kong-listed CSPC Pharmaceutical said on Thursday it would buy back shares worth up to HK$5 billion ($640 million) in the next two years.
Hong Kong man jailed for ‘seditious’ T shirt
A Hong Kong man has been sentenced to 14 months in jail after pleading guilty to sedition for wearing a T-shirt with a protest slogan on it.The jail term is the first handed down by the city's court under a new local national security law that was passed in March.
Hong Kong to cancel old identity cards of students, workers, residents and immigrants
The Invalidation Order covers all Hong Kong residents, whether they are permanent residents or non-permanent residents.
India IPO frenzy continues as NTPC Green Energy plans $1.2 bn listing
The IPO boom comes as India's rapid economic expansion makes it a bright spot amid challenges facing peers such as China ...
HSBC to cut best lending rate in Hong Kong by 25 bps to 5.625%
HSBC Holdings said it was cutting its best lending rate in Hong Kong by 25 basis points to 5.625% from 5.875% effective Sept. 20. That followed a 50 basis points cut in the base rate charged through ...
HSBC cuts key rate in Hong Kong for the first time since 2019
HSBC Holdings cut its key benchmark rate in Hong Kong for the first time since 2019, a move likely to hit margins while bringing relief to homeowners and borrowers in the Asian financial hub. Read ...
Music and mutual aid help people from ethnic minorities in Hong Kong feel at home
Children learning Cantonese by singing, and a pop-up market for small-business owners, help integrate members of Hong Kong ethnic minorities On a balmy Sunday afternoon earlier this September, owners ...