The Hong Kong Hang Seng Index opened higher Thursday and held on to close up 0.7%, despite ongoing softness in property issues. Tech shares gained. The broad gauge Hang Seng rose 110.27 to 15,427.94, ... ( read original story ...)
Hong Kong home prices drop 2.1% in Sept, down 8% this year
Hong Kong private home prices fell 2.1% in September from a month earlier to the lowest since January 2019, official data showed on Thursday, dragged down by rising interest rates and a pessimistic ... ( read original story ...)
Hong Kong Airlines Bondholder Group to Oppose Debt Restructuring
Some bondholders of Hong Kong Airlines are seeking to block a $6.2 billion debt restructuring plan, which they say treats them unfavorably compared with the company’s owner and its affiliates. ( read original story ...)
Transcript: This Is What 7% Mortgages Will Do to the Housing Market
On this episode of Odd Lots, we speak with Morgan Stanley housing strategist Jim Egan about what comes next. Egan argues that while high mortgage rates will discourage buyers, there won't be a ... ( read original story ...)
Security tokens can ‘revolutionise’ how Hong Kong, Greater Bay Area property developers fund mega projects, says report
Security token offerings (STOs) could ‘revolutionise’ the way developers raise capital to fund their projects, providing a shot in the arm for the property markets of Hong Kong and the Greater Bay ... ( read original story ...)
Hong Kong stock market plunges after President Xi Jinping’s power grab
The Hang Seng China Enterprises Index, which measures Chinese stocks listed in Hong Kong, sank 7.3 per cent. That’s the worst plunge after a Chinese Communist Party congress since 1994. Fears grew ... ( read original story ...)
Hong Kong property agents see expat renters who fled Covid-19 curbs trickling back from cities including Singapore
Agents report an uptick in inquiries after the city's hotel quarantine requirement was relaxed Some returnees report finding Singapore's rents higher and its school spots harder to secure than they ... ( read original story ...)
Hong Kong rolls out measures to attract new talent
Hong Kong's leader has rolled out a slew of measures to woo global talent but Covid-19 restrictions and the high cost of living are two major hurdles that may prevent them from remaining in the city. ( read original story ...)
Hongkong Land (OTCMKTS:HNGKY) Hits New 1-Year Low at $21.19
Shares of Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Rating) reached a new 52-week low on Friday . The company traded as low as $21.19 and last traded at $21.36, with a volume of 1932 shares ... ( read original story ...)
Henderson Land offers cheapest new flat seen in Hong Kong for over a year as property market continues to struggle
Hong Kong sees the cheapest new property launch since September 2021 at just HK$2.76 million for a small flat in Fanling. ( read original story ...)
Hong Kong property market not expected to get big boost from stamp duty change, industry pins hopes on 2023 budget
Analysts doubt a tax-refund incentive announced by the chief executive in his policy address will do much to revive demand Next year's budget speech could yield further easing policies if home prices ... ( read original story ...)
Hong Kong rolls out measures to attract new talent but can it entice those already here to stay?
Coronavirus restrictions and high cost of living make young professionals think twice about staying in Hong Kong Experts say talent may choose to go to countries that have completely opened up to the ... ( read original story ...)
Hong Kong’s big talent hunt: John Lee offers refund of hefty property tax to non-locals who stay
Top talent from mainland China and overseas who move to Hong Kong, buy homes and put down roots will get a refund on a hefty chunk of property tax many have criticised as unfair. Outlining plans to ... ( read original story ...)
The Hong Kong property market is probably expecting some downward pressure, says JLL
Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Data also provided by ... ( read original story ...)