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Posted on 26/06/2024

Hongkong Land to put US$400 million into 3-year Landmark upgrade to showcase luxury brands

Luxury retailers like Cartier, Channel, Dior and Louis Vuitton will invest another US$600 million creating unique new spaces, developer says.

Posted on 26/06/2024

China’s ‘too small’ property rescue leaves market wanting more

HONG KONG -- China's latest attempt to rescue its property market by buying up unsold homes and cutting mortgage rates has yet to revive confidence, while a slew of developers continue to grapple with ...

Posted on 26/06/2024

This Southeast Asian city is the world’s most expensive for the super rich — Hong Kong comes second

Sky-high property prices, exorbitant car ownership costs and expensive private medical care, among other factors, have kept Singapore the most expensive city for the super rich in 2024. Hong Kong, ...

Posted on 26/06/2024

Hozon files Hong Kong IPO to raise funds for its global growth, skirt China’s discount war

Hozon New Energy Automobile, the start-up behind the Neta brand of electric vehicles (EVs), has applied to raise capital in Hong Kong, joining BYD, Xpeng and Li Auto in using the world’s ...

Posted on 26/06/2024

Hong Kong grants Shimao a 4-week reprieve to work out debts, avert developer’s liquidation

Embattled Chinese developer Shimao Group Holdings has been given a four-week reprieve by a Hong Kong court giving it more time to secure lenders’ approval for its debt restructuring proposal, as the city sees a rise in the number of creditor-led ...

Posted on 26/06/2024

MasterChef Australia Fans Notice Weird Detail In Hong Kong Week: ‘Is This Normal?’

The MasterChef Australia contestants have been struggling with the weather in Hong Kong. (Image: 10) A confused viewer asked Redditors when the show was filmed, saying that in HK it’s currently “30C+ at night”, yet the contestants were rugged up for extremely cold weather.

Posted on 26/06/2024

China’s Dida prices Hong Kong IPO shares at HK$6, sources say

China ride-sharing app operator Dida has priced its shares at HK$6 each to raise US$30 million in its Hong Kong initial public offering, two people with direct knowledge of the matter said on ...

Posted on 26/06/2024

5 of I.M. Pei’s most iconic buildings: meet the Chinese-American architect celebrated at Hong Kong’s M+

Life Is Architecture' spotlights influential projects including modernising the Louvre in Paris and Doha's Museum of Islamic Art The first major retrospective of Chinese-born American architect Ieoh ...

Posted on 26/06/2024

Hong Kong a unique proving ground for DeFi, metaverse, HKIMR studies show

business-friendly environment, robust financial infrastructure and network, and highly skilled talent. The emerging DeFi and metaverse technologies “will likely present various opportunities for the ...

Posted on 26/06/2024

10 LGBTQ couples tie knot in Hong Kong, inspired by society’s growing acceptance

They take part in ceremony during Pride Month as government moves towards establishing framework for recognising same-sex partnerships.

Posted on 26/06/2024

Hong Kong’s ‘pay-as-you-throw’ waste disposal put on hold

Hong Kong is also looking at new waste-management methods to get rid of its dependence on landfills. The Integrated Waste Management Facilities Phase 1, currently under construction near Shek Kwu Chau, an island in the south of Hong Kong, is expected to ...

Posted on 26/06/2024

U.S. sanctions ‘sprawling’ shadow banking network for supporting Iranian military

WASHINGTON — A group of 50 people and firms across Hong Kong, the United Arab Emirates and the Marshall Islands that have been acting as a “sprawling shadow banking network” for Iran’s military were ...

Posted on 26/06/2024

Ten LGBTQ+ couples tie the knot in Hong Kong to mark Pride month

Share Copyright 2024 The Associated Press. All Rights Reserved.

Posted on 25/06/2024

Bubble tea, hotpot vanish as mainland Chinese retailers bear the brunt of Hong Kong’s rent

The city’s famously high commercial property rents are a constant threat to the survival of retailers. In a post issued recently on its official Redbook account, LMM said the rents for its Hong Kong ...

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