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Posted on 26/04/2023

Hong Kong home prices rise for third month in March

Hong Kong private home prices in March rose for the third month and edged up 1.4% from February, as the reopened border with China and a raft of new launches by property developers at attractive ...

Posted on 26/04/2023

Hong Kong stocks hold near 4-week low as Tencent wavers while Alibaba, HSBC extend drop amid growth, policy concerns

Local stocks waver in early trading, keeping the benchmark index near the lowest level since March 28. Tencent is back in focus after major shareholder Prosus cut its stake again.

Posted on 26/04/2023

Asia markets mixed as Wall Street banking fears reignite

Asia-Pacific markets were trading mixed on Wednesday after banking fears were reignited on Wall Street. Shares of First Republic Bank tumbled more than 49% after the regional bank posted its latest ...

Posted on 26/04/2023

Men and property owners likelier to use fintech in Hong Kong, PolyU survey shows

The correlation exists in virtual bank services, online brokerage services, virtual insurance, and virtual assets, but more women adopt digital payments The survey also finds adoption gaps in ...

Posted on 26/04/2023

Swiss Watch Exports Continue to Rise Amid a Spike in Hong Kong Orders

A new report released by the Federation of the Swiss Watch Industry on Tuesday showed that exports climbed by 13.8 percent last month to a total value of 2.4 billion CHF (about $2 ...

Posted on 26/04/2023

Hong Kong has ‘strategic ambiguities’ to navigate US-China rivalry: Singapore’s Kishore Mahbubani

Hong Kong ‘enjoys the status’ of One Country, Two Systems, but has to ‘work very hard’ to convince the US that it remains autonomous, says retired Singaporean diplomat Kishore Mahbubani.

Posted on 26/04/2023

Deloitte and SAP Launch Business Outlook Report to Support Hong Kong Companies to Tackle Evolving Challenges with Digital Technologies

Deloitte China and SAP Hong Kong today launched "Thriving in Hong Kong, a city of resilience and opportunities", a new business outlook report developed from ...

Posted on 25/04/2023

Abby Choi murder: Hong Kong subsidised housing purchase rules to be changed to close loophole allowing homeowners to buy properties after her former father-in-law found to own …

Public housing tenants who already own a property to be banned from buying subsidised homes, source says Move comes in wake of revelation that former father-in-law of murdered model Abby Choi owned ...

Posted on 25/04/2023

Abby Choi murder: subsidised housing purchase rules to be changed to close loophole allowing homeowners to buy properties after her former father-in-law found to own flat under …

Public housing tenants who already own a property to be banned from buying subsidised homes, source says Move comes in wake of revelation that former father-in-law of murdered model Abby Choi owned ...

Posted on 25/04/2023

Stock markets today: Global markets lower before US earnings

Shanghai and Hong Kong declined while Tokyo advanced ... Higher rates have slowed U.S. housing sales by making mortgages more expensive. Manufacturing and other areas of the economy have also shown ...

Posted on 25/04/2023

Stock markets today: Asia mixed ahead of US earnings

Asian stocks are mixed after Wall Street edged higher as investors awaited U.S. earnings reports and an update on economic growth ...

Posted on 25/04/2023

Chinese AI firm 4Paradigm files for Hong Kong IPO after three failed attempts, citing US sanctions risks

Beijing Fourth Paradigm Technology has filed a fourth IPO application in Hong Kong, which comes after being put on the US Entity List in March The company joins other Chinese AI firms like Megvii and ...

Posted on 25/04/2023

Hong Kong falls 2%, leading losses in Asia as investors await Big Tech earnings

Asia-Pacific markets are set for a mixed open, following a similar session on Wall Street as investors look ahead to Big Tech earnings later this week. Alphabet , Microsoft , Amazon and Meta are among ...

Posted on 25/04/2023

Dalian Wanda unit’s Hong Kong IPO application lapses for the third time, bonds come under further pressure

The deadline to list Zhuhai Wanda Commercial Management Group lapsed on Tuesday, the Hong Kong stock exchange said, putting parent Dalian Wanda Commercial’s bonds under further pressure.

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