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Posted on 21/02/2023

Chinese cities cut mortgage rates for first-time buyers to lowest since 2019 in bid to revive property market

The average rate for a first home in 103 mainland Chinese cities fell to 4.04 per cent in February, the lowest level since 2019, according to the Beike Research Institute.

Posted on 21/02/2023

UPDATE 3-Chinese boutique bank reassures staff, clients over missing star dealmaker

The mysterious disappearance of a star Chinese dealmaker has left his boutique bank scrambling to reassure clients and staff, people with knowledge of the matter said on Monday, and has raised new ...

Posted on 21/02/2023

Hong Kong unveils plans to let retail investors trade cryptocurrencies

Hong Kong has pushed ahead with plans to let retail investors trade cryptocurrencies as it vies with Singapore for supremacy as a digital assets hub. Under plans launched on Monday by the Hong Kong ...

Posted on 21/02/2023

Ahead of Budget, Hong Kong reckons with economic challenges, depleted reserves

As per Nikkei Asia, spending on public health costs since 2020, including building isolation facilities and employing staff at testing centres has amounted to over 600 billion Hong Kong dollars ($76 ...

Posted on 20/02/2023

Hong Kong Property Slump Leading Hong Kong Investors To UK Property

UK property is becoming incredibly popular for Hong Kong residents and investors in the face of a difficult domestic market. The number ...

Posted on 20/02/2023

Hong Kong shows desire to be crypto hub with new regulation

As the U.S. government continues to rein in the crypto industry with a spate of regulations, other places are emerging as new hubs for the virtual asset industry. On Monday, Hong Kong proposed rules ...

Posted on 20/02/2023

UPDATE 4-Chinese bank seeks to reassure over missing star dealmaker

HONG KONG, Feb 20 (Reuters) - The disappearance of a star Chinese dealmaker has left his bank struggling to reassure clients and staff ...

Posted on 20/02/2023

Hong Kong’s Proposed Crypto Rules Seek Investor, Deposit Protection

Hong Kong’s securities regulator said cryptocurrency-trading companies would need to leave the city if they don’t get licensed and released proposed new rules seeking to better protect investors in ...

Posted on 20/02/2023

Chinese ride-hailing firm Dida revives US$200 million HK IPO

Dida Inc is considering raising about US$200 million through its planned Hong Kong initial public offering, people familiar with the matter said, paving the way for the first listing by a Chinese ride ...

Posted on 20/02/2023

Chinese boutique bank reassures staff, clients over missing star dealmaker

The mysterious disappearance of a star Chinese dealmaker has left his boutique bank scrambling to reassure clients and staff, people with knowledge of the matter said on Monday, and has raised new ...

Posted on 20/02/2023

Hong Kong Media Mogul Lai Appeals to High Court Over UK Lawyer

Hong Kong media mogul Jimmy Lai appealed to the city’s High Court, asking the Justice Department to clarify if he can be represented by a UK-based lawyer during his national security trial, according ...

Posted on 20/02/2023

Live news: Hong Kong airport traffic soars as city reopens

Total passenger volume the year prior was just 71,000. Despite the strong uptick in traffic, passenger throughput remained just 40 per cent of pre-pandemic levels. Arrivals at Hong Kong’s airport, one ...

Posted on 20/02/2023

Hong Kong chief executive to make whistle-stop tour of key Greater Bay Area cities to cement ties and boost economy

Visit with senior colleagues is seen as paving the way for a later official visit with larger team John Lee expected to meet top officials in Shenzhen and Guangzhou with group including two senior ...

Posted on 20/02/2023

Hong Kong customs to meet Guangdong counterparts to discuss resurgence in parallel trading, vows crackdown

Traders buy goods in city to resell in mainland China at profit, bypassing hefty import and value-added tariffs Sheung Shui MTR station hotspot has returned to prominence after resumption of regular ...

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