Although Hong Kong's economy is under short-term pressure amid the fifth wave of COVID-19 infections, the business sector believes that Hong Kong's future development is limitless due to the unique ... ( read original story ...)
Hong Kong’s Tracker Fund, in major shift, goes from State Street to Hang Seng Investment
Hong Kong’s Hang Seng Investment Management is taking over management of Tracker Fund, the city’s largest exchange-traded fund and Asia’s first physical ETF, from US asset manager State Street Global ... ( read original story ...)
Hong Kong has unique advantages in financial field: Carrie Lam
Chief Executive of the Hong Kong Special Administrative Region HKSAR Carrie Lam said on Wednesday that overseas investors and ... ( read original story ...)
Last link to Hong Kong removed as UK judges resign – China has ‘departed from freedom’
TWO senior British judges have resigned from Hong Kong's highest court due to a sweeping national security law imposed by China on the former British colony. ( read original story ...)
Hong Kong households to get HK$1,000 electricity subsidy from June, Legco paper shows
Allowance originally mentioned in Paul Chan's final budget address among raft of relief measures First instalment of subsidy to be injected into eligible accounts starting from June, according to ... ( read original story ...)
Goldman Sachs Expects Hong Kong Home Prices to Fall 20% by End-2025
Goldman Sachs said Hong Kong residential property prices could drop as much as 20% through 2025, hurt by a drag on household income and homebuyer demand caused by the latest wave of the COVID-19 ... ( read original story ...)
Hong Kong Expats Turn to Covid Tweeter to Track City’s Outbreak
The Twitter account @tripperhead, which has amassed over 22,000 followers -- many more than accounts belonging to local public health experts and government Covid advisers -- prov ... ( read original story ...)
Lessor BOC Aviation repossesses 747-8 cargo plane from Russian operator
A Boeing 747-8 freighter leased to Russia’s AirBridgeCargo has flown to California from Hong Kong, according to FlightRadar24, after a U.S. judge signed an order allowing lessor BOC Aviation Ltd to ... ( read original story ...)
Hong Kong’s Covid-19 battle has ‘brain drained’ economy as house prices are forecast to fall
While some restrictions are due to be eased next month, Hong Kong’s battle with Covid-19 will fuel a shrinking economy and plunging house prices, ... ( read original story ...)
Hong Kong Exchange to trial digital assets trading in ‘Diamond’ pilot
The Hong Kong Exchange (HKEX) revealed on Tuesday its plans to launch “Diamond,” a trading platform to pilot digital assets in 2022. See related article: China’s e-CNY pilot to boost Hong Kong as ... ( read original story ...)
Ferretti navigates choppy markets to launch €890mn Hong Kong IPO
Italian yachtmaker Ferretti shelved its planned Milan listing at the last minute. It is now going public in Hong Kong — a nod to its main shareholder, ... ( read original story ...)
State Street Dropped as Manager of Hong Kong’s Biggest ETF
Hong Kong appointed a Hang Seng Bank Ltd. unit to manage the city’s largest exchange traded fund, replacing State Street Corp. after the U.S. firm became embroiled in a controversy over sanctioned ... ( read original story ...)
Russian freighter flown to U.S. after BOC Aviation granted order to repossess
A Boeing 747-8 freighter that BOC Aviation Ltd leased to Russia's AirBridgeCargo has flown from Hong Kong to California, according to FlightRadar24, after a U.S. judge signed an order allowing the ... ( read original story ...)
Hong Kong-based PAG raises private equity IPO bar
At a mooted $15 bln, the Blackstone-backed buyout shop would be valued at 30% of managed assets. Although a rich premium to U.S. peers like TPG, it’d be on par with recent deals involving Asian rivals ... ( read original story ...)