Tag: banking

Michael Tien says it is better to simply give the money to tenants so they can rent homes themselves, but Undersecretary for Transport and Housing Raymond So says subsidy is required to encourage ... ( read original story ...)

Beijing is expected to loosen capital controls further to give mainland investors a new outbound channel to buy bonds in Hong Kong, providing investment alternatives for Chinese households and ... ( read original story ...)

Hong Kong Exchanges and Clearing Limited (HKEX) has decided to water down its proposal to drastically raise the profit qualification for a Main Board listing in the world's third-largest stock market, ... ( read original story ...)

SF Real Estate Investment Trust has launched bookbuilding for its Hong Kong listing. It is aiming to raise up to HK$2.68bn ($345.4m) from the city's first Reit IPO in a year and a half. ( read original story ...)

Park A Twosome Place, a coffeehouse chain headquartered in Korea aiming to go public, sent out a request for proposal (RFP) for its initial public offering (IPO) recent ... ( read original story ...)

There’s rarely been a better time to be apartment hunting in Hong Kong than right now. Rents in one of the world’s most expensive real estate markets dropped to HK$33.60 ($4.33) per square foot in the ... ( read original story ...)

Superintendent Lung Siu-chuen, 55, is accused of obtaining HK$6 million in housing loans by falsely claiming the property was intended for personal use. ( read original story ...)

Hong Kong shares inched up on Wednesday as the energy sector rose on higher oil prices due to a steep drop in U.S. crude stocks, while bargain hunting boosted financial firms ahead of the reopening of ... ( read original story ...)

Global liquidity has been underpinned by loose monetary policy, ultralow interest rates and fiscal stimulus plans unveiled by governments. ( read original story ...)

Amidst rapid digitalisation, JD.com expects China’s integrated logistics services to grow from 2.02 trillion to 3.2 trillion yuan by 2025. ( read original story ...)

* Hang Seng index ends up 0.7% * China Enterprises index HSCE gains 0.49% * HSI financial sub-index climbs 0.78% * Property sector up 0.5% HONG KONG, May 4 (Reuters) - Hong Kong shares settled ... ( read original story ...)

Online-only banks in Hong Kong backed by China's ZhongAn Online P&C Insurance and Britain's Standard Chartered moved ahead of newly launched rivals as they garnered 70% of deposits last year, the ... ( read original story ...)

Hong Kong’s Formation Fi, a startup that simplifies decentralized finance (DeFi) portfolio construction to help users better manage risk, said it closed US$3.3 million in a strategic sale round. The ... ( read original story ...)

The Hong Kong stock market has moved lower in consecutive trading days, plummeting nearly 950 points or 2.6 percent along the way. The Hang Seng Index now sits just above the 28,350-point plateau and ... ( read original story ...)