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Posted on 17/04/2024

Hong Kong developer Great Eagle prices Ho Man Tin project at 8-year low as buyers return after government incentives

"It shows that the developer is taking advantage of the positive market sentiment." Hong Kong's property market has seen some lively business, as buyers logged more than 1,000 first-hand deals so far ...

Posted on 17/04/2024

Yuan Funding Costs Climb in Hong Kong, Pressuring Bearish Bets

Signs of a cash squeeze are starting to emerge in the yuan’s largest offshore trading center, a move that dents the appeal of bearish wagers on China’s managed currency.

Posted on 17/04/2024

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

HONG KONG (Reuters) -Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and ...

Posted on 17/04/2024

Understanding Hong Kong’s spot Bitcoin and Ethereum ETF

Just three months after application, the Hong Kong Securities and Futures Commission (SFC) has greenlit the launch of Bitcoin and Ethereum spot ETFs, setting ...

Posted on 17/04/2024

Indonesian firms push for stronger trade ties with Hong Kong, eye opening family offices, investing in energy, logistics and transport sectors

Delegation meets city leader John Lee to discuss creating opportunities for Indonesian companies looking to tap into local, mainland Chinese markets 'We have discussed a number of opportunities ...

Posted on 17/04/2024

Anyone from ‘man in the street’ to wealthy heir can set up family office in Hong Kong if money is legitimate, John Lee says

City leader John Lee encourages efforts to bring in family offices, after UAE prince entered media spotlight over delayed launch plan.

Posted on 17/04/2024

All aboard the ‘ding ding’! A wild ride through Hong Kong – in pictures

When Mikko Takkunen relocated to the Chinese city from New York he felt the urge to capture its vanishing essence ...

Posted on 17/04/2024

HSBC to Cut Another 20 Investment Banking Jobs in Asia, Sources Say

HONG KONG (Reuters) - HSBC is expected to cut an additional 20 investment banking jobs in Asia on a deals slump, takes the total cuts to around 30 this week, three sources with knowledge of the matter ...

Posted on 17/04/2024

Hong Kong lawmakers question govt spending S$653,000 a month on 6 unused Covid-19 isolation facilities

Lawmakers in Hong Kong are criticising the government for spending HK$3.75 million (S$653,000) a month to maintain six unused Covid-19 isolation facilities. South China Morning Post reported that the ...

Posted on 17/04/2024

Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump

Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish markets in China ...

Posted on 17/04/2024

Indonesian companies push for stronger trade ties with Hong Kong, eye opening family offices and investing in prime sectors

Delegation meets city leader John Lee to discuss creating opportunities for Indonesian companies looking to tap into local, mainland Chinese markets 'We have discussed a number of opportunities ...

Posted on 17/04/2024

Morgan Stanley downsizing: Hong Kong, China to bear the brunt of US bank’s Asia-Pacific job cuts

More than 40 of the 50 jobs the Wall Street firm plans to cut will be from Hong Kong and mainland China. Morgan Stanley joins a host of banks that have laid off bankers this year.

Posted on 17/04/2024

Morgan Stanley cuts dozens of investment banking jobs in Asia-Pacific, sources say

Morgan Stanley is cutting at least 50 investment banking jobs in Asia Pacific, three sources said, becoming the latest among global banks to scale back operations in the region mainly due to a slump ...

Posted on 17/04/2024

Tech firms invited to take part in Hong Kong trade mission

Businesses from the South West and West Midlands looking to export to the Asia Pacific region are being encouraged to apply ...

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