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Posted on 22/11/2023

Hong Kong Housing Society will sell more than 400 subsidised flats at 62% of market price, dismisses concerns over property sector downturn

Cheapest flats at Hemma Amber development in Kwun Tong to sell for HK$2.55 million, with most expensive at HK$6.45 million Hong Kong Housing Society's Peter Or shrugs off property market downturn, ...

Posted on 22/11/2023

Hong Kong mansions, worth US$192 million, linked to China Evergrande founder Hui Ka-yan seized by creditor

The seizure of the two properties on Black’s Link, The Peak, is another setback for the founder of China Evergrande, which faces a winding-up hearing in Hong Kong on December 4.

Posted on 22/11/2023

Fitch Ratings affirms Bank of China (Hong Kong) at “A” (LT Int. Scale (foreign curr.) credit rating); outlook stable

Fitch Ratings affirmed the 'A' LT Int. Scale (foreign curr.) credit rating of Bank of China (Hong Kong) on November 21, 2023.

Posted on 22/11/2023

Hong Kong needs art financing ecosystem to complement efforts in luring global family offices to city, industry players say

Art collections and financing are major priorities for family offices because the richest clans want to develop and protect their legacy, Manulife's Damien Green says Green's StudioKT to open in Kwun ...

Posted on 22/11/2023

Exclusive-China to Name Finance Veteran Zhu as New Forex Chief, Sources Say

BEIJING/HONG KONG (Reuters) - China is set to appoint Zhu Hexin, a veteran banker and chief of state-run financial conglomerate CITIC Group, as the new head of its foreign exchange regulator, four ...

Posted on 22/11/2023

Hong Kong investment bankers have lots of free time and anxiety as deals slump, lay-offs intensify

The big China deals that lined rainmakers’ pockets for decades have evaporated. Banks and law firms alike are cutting jobs. Those that remain are chasing smaller deals and taking extended vacations.

Posted on 22/11/2023

Hong Kong land sales wobble, exposing cracks in city’s finances

Despite historical high demand for homes due to the territory’s size, the economic downturn has resulted in a glut of unsold flats ...

Posted on 22/11/2023

Paris Olympics: Hong Kong sevens coach Groves up for challenge of rebuild, after team falls short in Games bid

Jevon Groves said he was ready for the “daunting prospect” of building a new team, after defeat by Japan on Sunday all but ended Hong Kong’s hopes of qualifying for the Paris Olympics next year. Hong ...

Posted on 22/11/2023

World’s first Frozen-themed land at a Disney theme park opens in Hong Kong

The "World of Frozen" themed land at Hong Kong Disneyland, inspired by the hit animated film, has finally opened.

Posted on 22/11/2023

Hong Kong leader John Lee skipped Apec. Did the city win or lose and when will he get US sanctions against him lifted?

Hong Kong leader John Lee Ka-chiu kept a studious silence all of last week before an important Apec summit in San Francisco. On Tuesday, the dam burst. In a rare moment of candour, he said the United ...

Posted on 22/11/2023

Hong Kong mansions tied to Evergrande chairman seized by creditor

A creditor has seized a pair of luxury houses on Hong Kong’s Peak connected to the Evergrande chairman. Read more at straitstimes.com.

Posted on 22/11/2023

Hong Kong stock exchange operator HKEX launches digital IPO platform FINI as listings drop to two-decade low

Bourse operator HKEX launched a new digital platform for IPOs, which is expected to speed up settlements and reduce investor risks.

Posted on 22/11/2023

Hong Kong food tech start-up challenges Japanese bento market

Kamakura Foods, a Hong Kong start-up founded by a Japan-educated former Sony chip engineer, is challenging the bento market in Japan, where the boxed lunches originated. The company is planning its ...

Posted on 22/11/2023

Hongkong Land appoints Singapore-based Mapletree’s Michael Smith as CEO

capital and property management company with more than US$55 billion in assets under management, will take over the role from April 1 next year, Hongkong Land said on Tuesday. Smith will relocate from ...

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