Investors in Hong Kong stocks will need a deft hand in 2017 if they’re to successfully navigate the challenges of slower Chinese growth and growing political tensions ahead of the election of the financial hub’s new leader in March. ( read original story ...)
Bank of Canada's Poloz to wait and watch for ‘things that go Trump in the night’
Brian DePratto, Toronto-Dominion Bank Global markets are mixed so fa. Tokyo’s Nikkei gained 0.4 per cent, Hong Kong’s Hang Seng 1.1 per cent, and the Shanghai composite 0.1 per cent. In Europe, London’s FTSE 100 was up 0.1 per cent by about 7:35 ... ( read original story ...)
HK stocks end lower ahead of Trump inauguration
Hong Kong's Hang Seng Index fell 0.7 percent to 22,885. The Shanghai Composite Index rose 0.7 percent to 3,123 and the Shenzhen Composite Index jumped 1.5 percent to 1,885. Mainland markets were cheered by figures showing that the mainland's economy grew a ... ( read original story ...)
Rate rises not affecting Hong Kong property market with prices set to rise 5% this year
Joseph Tsang, JLL Hong Kong’s managing director, attributes the market’s resilience to strong pent-up demand among first time buyers, low mortgage rates and a the large number of cash rich buyers in the market, including mainland Chinese. He believes ... ( read original story ...)
Hong Kong housing curbs may give Singapore property relief
Singapore's three-year decline in home prices could see relief this year as foreign investors who have been turned off by Hong Kong's move to increase the stamp duty for overseas buyers look elsewhere. All the major international real estate agencies are ... ( read original story ...)
People are living in ‘coffin homes’ because of Hong Kong’s skyrocketing property prices
Twenty square feet with little space to fit many belongings Wong Ziwa calls this space home. These so called “coffin homes” – an apartment subdivided into many tiny spaces – are common in Hong Kong where property prices are one of the most ... ( read original story ...)
Can Hong Kong Keep its Business?
Annual container volumes at the Port of Hong Kong have fallen below 20 million TEU for the first time in 13 years despite a 14.3% rise in throughput to 1.8m TEU to produce the best monthly growth of the year in December. The port saw an annual volumes fall ... ( read original story ...)