Hong Kong saw sales of commercial real estate and residential buildings fall to a 19-year low in the second quarter as high interest rates took a toll on investment property transactions.
HSBC May Acquire 31% Stake in HSBC Jintrust from Shanxi Trust: Report
HSBC HOLDINGS (00005.HK), as suggested by media reports, is planning to expand its mainland China business. Shanxi Trust, which holds a 51% stake in the joint venture company HSBC ... HSBC HOLDINGS ...
IPO linked to Taiwanese pop star Jay Chou oversubscribed 13 times by Hong Kong investors
Star Plus Legend Holdings was founded by Jay Chou’s mother Yeh Hui-Mei in 2017. The maker of bulletproof coffee raised HK$245.2 million (US$31.3 million) after pricing shares at HK$4.25 each.
Japan ‘strongly’ asks Hong Kong not to ban food imports on Fukushima water release
Japan has made a strong request to Hong Kong officials not to tighten restrictions on food imports from Japan because of its plan to discharge treated radioactive water from its Fukushima nuclear ...
MP’s Hong Kong meeting ‘targeted by Chinese spy’
A spy under the direction of China tried to gatecrash a private House of Commons meeting with Hong Kong dissidents, pro-democracy campaigners have claimed.When ...
Hong Kong’s home prices to decline further amid high mortgage rates, glut of new units, lack of mainland buyers: JLL
Hong Kong’s floundering residential property market has not yet bottomed out, and the road to recovery will be long and difficult given headwinds including high interest rates, a glut of unsold new ...
Hong Kong shares up on credit data surprise; China stocks slip
HONG KONG: Hong Kong stocks rose on Wednesday as stronger-than-expected credit figures in June partially lifted sentiment, though Chinese stocks edged down as investors waited for a bigger stimulus. * ...
Real work of creating a ‘Happy Hong Kong’ must start now
Readers discuss the need for the city to grapple seriously with the prevalence of depression among its residents, and restrictions on the access to toilets Feel strongly about these letters, or any ...
Alibaba, Xpeng drive best winning run in Hong Kong in a month amid stimulus bets as Beijing signals growth concerns
Local stock benchmark advances for a third day, the longest winning streak in a month as Chinese tech firms rally. Beijing calls for a wider economic reopening, signalling concerns about the nation’s ...
Young entrepreneurs from Hong Kong visit Hainan
A total of 100 young entrepreneurs from the SAR recently visited Hainan on the first stop of their tour, which aims to foster cooperation and exchanges between Hong Kong and the mainland, providing ...
Wall Street rises on inflation, banking hopes
US stocks rose on Tuesday, helped by optimism ahead of key inflation reports and as JPMorgan and other financial shares gained before earnings later ...
Japanese Companies Go on Buying Spree in Europe; Top Law Firms Act On Hong Kong-based PE Fund’s Billion-dollar Acquisition in US
In this edition, Law.com International notes how U.K. and European law firms have been benefiting as Japanese companies acquire assets in Europe, and writes about how multiple U.S. law firms have ...
Family of Hong Kong pro-democracy activist Nathan Law taken in for questioning by police
Hong Kong police searched the family home of exiled pro-democracy activist Nathan Law on Tuesday morning, taking relatives away for questioning, the city’s public broadcaster RTHK reported, citing ...
Hong Kong Monetary Authority announces ‘orderly exit’ from coronavirus-era loan repayment holiday for small businesses
Six-month scheme, which was extended six times, helped thousands of companies withstand the slump brought on by the coronavirus pandemic Participation declined to 1 per cent of eligible companies, or ...