Residential mortgage loans approved in January rose 18.9% compared with the previous month to $28 billion, the Monetary Authority announced today. Mortgage loans financing primary market transactions ... ( read original story ...)
Hong Kong Student Is Expelled Over `Democracy Wall’ Protest
(Bloomberg) -- A university in Hong Kong expelled a master’s degree student and suspended another after a clash over an on-campus news bulletin. Hong Kong Polytechnic University expelled Gerald Ho and ... ( read original story ...)
Hong Kong finance chief Paul Chan says spending 2018-19 surplus on sweeteners would mean HK$20 billion deficit next year
Hong Kong’s finance minister on Friday rejected criticism over the lack of short-term relief measures in his budget by warning that the government would face a HK$20 billion deficit next year if it sh... ( read original story ...)
Formula E working on future of Hong Kong race
But should that scenario come to pass, FE intends to return to Hong Kong for the following 2020/21 season in the same location. The circuit's expansion is a key topic for the discussions and has been ... ( read original story ...)
Hong Kong needs to keep an eye on US-China trade war yuan currency deal, analysts say
Hong Kong should remain alert to risks from China-US trade negotiations, particularly a proposed agreement to prevent the Chinese yuan from depreciating against the US dollar, but market concerns over ... ( read original story ...)
Warburg Pincus-backed ESR files for up to $1.5 billion Hong Kong IPO: sources
HONG KONG (Reuters) - Logistics real estate developer ESR Cayman Limited, backed by private equity firm Warburg Pincus, has filed for a listing in Hong Kong to raise at least $1 billion, two sources s... ( read original story ...)
Warburg Pincus-backed ESR files for HK IPO of up to $1.5 billion: sources
has filed for a Hong Kong initial public offering of at least $1 billion, two sources said, with one saying the size may be as much as $1.5 billion. ESR joins a thinner pipeline of companies looking t... ( read original story ...)
HSBC’s New Boss Faces Challenges From China and Brexit
London-based HSBC has exposure to some of the world’s fastest-expanding markets—it was born as the Hongkong and Shanghai Banking Corp. in 1865 and derives 90 percent of its profits from Asia. And yet ... ( read original story ...)
Three trends that will define banking in the Year of the Pig
In 2018, we saw continued investments into digital transformation. Hong Kong’s premier bank, HSBC, invested US$2.3 billion in digital platforms, AI and new technology to reach tech-savvy customers. Be... ( read original story ...)
Streetwise newsletter: Hong Kong tycoon, two equity firms bid on Anbang Insurance’s Vancouver office complex
Here are the top reads on deals and financial services over the last 24 hours, Hong Kong tycoon, two equity firms bid on Anbang ... Story (Tim Kiladze and David Milstead, for subscribers) National Ban... ( read original story ...)
Global Switch Picks Banks for Over $1 Billion IPO
(Bloomberg) -- Global Switch, the U.K. data center operator, has chosen arrangers for a proposed Hong Kong initial public offering that could raise more than $1 billion, people with knowledge of the m... ( read original story ...)
Thinking of launching a startup in Hong Kong? (Best tips & Resources)
Are you thinking of launching a startup in the world’s most competitive economy- Hong Kong? If so, I believe that gathering all the information about the economic outlook and economic climate of ... ( read original story ...)
Hong Kong tops global rise in trust towards media and business
Trust among the Hong Kong general population experienced a dramatic year-on-year rise from 45% to 55%, returning to 2013 levels, according to the Edelman Trust Barometer 2019, making it the highest ri... ( read original story ...)
Hong Kong office in Bangkok encourages investment
The Bangkok office will be the 13th economic and trade office for Hong Kong globally. "This office will work to expand economic and trade ties between us," Ms Lam said. "It will also help boost a flou... ( read original story ...)