HONG KONG (Reuters) - Alibaba-backed online parenting firm Babytree Group launched a Hong Kong IPO of up to $281 million on Wednesday, far below what the Chinese company had hoped to raise, as weak ma... ( read original story ...)
Proactive gov’t benefits banking
Indeed, the Hong Kong banking sector performed well in the first half of 2018. Of course in the same way the Hong Kong economy performed well in the first half of 2018, making a real growth of 4%. The ... ( read original story ...)
Hong Kong Mortgage Corp Plans Infrastructure Funding Next Year
Hong Kong Mortgage Corp., the city’s government-backed home-loan insurer, plans to diversify into infrastructure financing next year. HKMC will first buy loan assets from banks and multilateral lender... ( read original story ...)
Would-be buyers take heart as Hong Kong property market finally begins to cool
HONG KONG (Reuters) - Potential homebuyers priced out of Hong Kong’s stratospheric property market may now feel more hopeful as housing prices finally begin to cool after a bullish stampede ... ( read original story ...)
Hong Kong Bourse May Hand Back Monday’s Gains
Hong Kong & China Gas advanced 1.08 percent, China Petroleum and Chemical (Sinopec) dropped 1.05 percent, Sands China skidded 0.79 percent, BOC Hong Kong collected 0.69 percent, Ping An Insurance shed ... ( read original story ...)
Mainland Bank Leases Storefront in Central’s Wheelock House at 55% Discount
China’s Bank of Communications appears to be taking advantage of a sustained slide in Hong Kong retail rents to expand its footprint in the city’s Central district at a rent less than half of what an ... ( read original story ...)
Consulting firm McKinsey launches new arm for design services
Lunar, founded in 1984, added offices and design studios in San Francisco, Chicago, Hong Kong and Munich to McKinsey’s footprint. Just 18 months later, Carbon12 followed suit, with the boutique design ... ( read original story ...)