HONG KONG SAR - Media OutReach Newswire - 30 June 2025 - As a global trade and financial centre and a key link in the Belt and Road Initiative (B&RI), Hong Kong plays a pivotal role in connecting the ...
Hong Kong still world’s most expensive city to buy a home, beating Zurich and Singapore
Hong Kong continues to boast the world's costliest homes, edging out Zurich and Singapore despite a 20% decline in prices since 2020, a new report shows.
Smaller Hong Kong developers face defaults amid mounting debts, analysts warn
Emperor International struggles with US$2.1 billion debt, as JPMorgan notes deteriorating risk profile among small, medium-sized developers.
Chinese megabanks cement nation’s economic prowess
Banks in China dominated S&P Global Market Intelligence’s top 50 lenders in the region. Chinese megabanks continued to be the Asia-Pacific region’s biggest lenders by assets last year, and are ...
Hong Kong’s $11 Billion Lifeline: How One Deal Stopped a Property Meltdown
A desperate scramble, regulator pressure, and last-minute rescues--inside New World Development's high-stakes fight to survive.
Hong Kong Investor Relations Association Announces Winners Of The 11Th IR Awards 2025
HONG KONG, Jun 30, 2025 - (ACN Newswire) - The Hong Kong Investor Relations Association (“HKIRA”) announced the winners of the 11th Investor Relations Awards 2025 (the“IR Awards” or the“Awards”) on 27 ...
Chinese money fires up Hong Kong shares
Chinese investors are piling into Hong Kong shares lured by lower valuations and the city's strategic position in China's growing rivalry with the United States.
Anti-scam law that lets police freeze potential victims’ bank accounts to kick in on Jul 1: MHA
SINGAPORE] Singapore police will soon be able to restrict bank transfers of individuals suspected of being scam targets to better protect them, said the Ministry of Home Affairs (MHA). Read more at ...
SCED promotes HK in Bordeaux
Secretary for Commerce & Economic Development Algernon Yau meets representatives of local technology startups in Bordeaux and attends the Bordeaux Wine Festival.
Hong Kong mortgage loans hit 12-month high of US$3.4 billion as low rates lure refinancers
Hong Kong’s approved mortgage loans surged to a one-year high in May as more homebuyers sought to refinance their existing loans amid lower bank rates, according to data from the Hong Kong Monetary ...
Why Property Giant New World Isn’t Out Of the Woods Despite Whopper Deal
Beleaguered Hong Kong property developer New World secured a HK$88.2 billion ($11.2 billion) loan on June 30, in an eleventh-hour deal that will have bankers across the city breathing a collective ...
Hong Kong’s New World secures US$11.3 billion refinancing deal just before deadline
Hong Kong developer New World Development (NWD ... The package would “allow the group more flexibility to better manage its expected ongoing business and financial needs”, the statement said. “The new ...
Hong Kong’s New World Development gets crucial $11 billion refinancing deal
Hong Kong builder New World Development said on Monday it had received commitments for a HK$88.2 billion ($11.24 billion) loan refinancing package, as the property developer finalises a crucial ...
Hong Kong: Bridging Business Opportunities Under the Belt and Road Initiative
Hong Kong SAR--(Newsfile Corp. - June 30, 2025) - As a global trade and financial centre and a key link in the Belt and Road Initiative (B&RI), Hong Kong plays a pivotal role in connecting the Belt ...