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Posted on 01/09/2023

Hong Kong’s mortgage loans drop 18.2% in July: HKMA

Applications also fell to 8,086. Hong Kong saw lower demand for mortgages in July, according to data from the Hong Kong Monetary Authority (HKMA) The number of mortgage loans approved was HK$28.1b in ...

Posted on 01/09/2023

Hong Kong and parts of southern China grind to near standstill as Super Typhoon Saola edges closer

Most of Hong Kong and some other areas in southern China ground to a near standstill as Super Typhoon Saola edged closer to the region on Friday.

Posted on 01/09/2023

Hong Kong hunkers down as Typhoon Saola approaches

Schools closed and flights were canceled as Hong Kong hoisted its third highest storm warning early Friday morning in anticipation of Typhoon Saola, which is expected to brush the city later in the ...

Posted on 01/09/2023

Typhoon Saola on track to swipe Hong Kong and mainland China

The storm is expected to scrape ashore as a weakening but powerful typhoon late Friday and into Saturday local time.

Posted on 01/09/2023

Hong Kong Shuts Stock Market, Schools as Super Typhoon Nears

Hong Kong is bracing for what may be the strongest storm to hit the city in at least five years as Super Typhoon heads straight toward the financial hub.

Posted on 01/09/2023

Super Typhoon Saola: Hong Kong halts stock trading on city’s T8 storm warning

Hong Kong’s financial markets are set to pause on Friday as Super Typhoon Saola triggers a T8 storm signal in the city. Markets in mainland China will open for business as usual.

Posted on 01/09/2023

Hong Kong hunkers down as super typhoon Saola approaches

Hong Kong braced for the arrival of super typhoon Saola on Friday as authorities raised the strong wind signal to No.8, bringing the city to an effective standstill with most businesses, schools and ...

Posted on 01/09/2023

Hong Kong cannot afford to be caught off guard by arrival of Saola

As city goes on disaster alert for super typhoon, the warning is to be prepared and remain vigilant Weather forecasting is much less an inexact science than it once was. But typhoons still pose a ...

Posted on 01/09/2023

Swiss Crypto Bank SEBA Inches Closer To Launch Of Hong Kong Subsidiary

The Zug-based crypto bank already operates a regulated subsidiary in Abu Dhabi. Now it's poised to gain a foothold in the Asia Pacific market.

Posted on 01/09/2023

Super typhoon Saola barrels toward Hong Kong and China prompting highest level warning

China has issued its highest warning as super typhoon Saola approached its southeastern coastline on Thursday, threatening its main manufacturing hubs in Guangdong province and nearby Hong Kong.

Posted on 01/09/2023

Hong Kong Singer Tommy Yuen Jailed for Sedition, Money Laundering

Singer Tommy Yuen Man-on has been sentenced to 26 months in prison for insulting Hong Kong’s police force and for laundering some $91,000 (HK$700,000) that he raised through crowdfunding. The ...

Posted on 01/09/2023

Super Typhoon Saola hurtles towards southern China, Hong Kong

China issued its highest typhoon warning on Thursday as Super Typhoon Saola drew closer to Hong Kong and the mainland's southern coast, with several cities delaying the start of the school year as a ...

Posted on 31/08/2023

Inside the downfall of embattled property developer China Evergrande

By Engen Tham, Julie Zhu, Clare Jim SHANGHAI/HONG KONG -In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use the cash to pay ...

Posted on 31/08/2023

How Evergrande’s collapse foreshadowed China’s property crisis

In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use the cash to pay lenders and finance the next real estate project.

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