Malaysian firm to set up shop in Cambodia

The Malaysia-based Rahim & Co International Bhd, an international property investment consultant, has announced it will expand its presence into the Asean and Asia-Pacific markets like Cambodia, Vietnam, China and Hong Kong. Tan Sri Abdul Rahim Abdul ... ( read original story ...)

China’s trophy case could become discount rack

HONG KONG (Reuters Breakingviews ... Meanwhile, Reuters reports the property-to-cinema firm Dalian Wanda is blocked from refinancing offshore subsidiaries. In contrast, HNA Group says it remains keen on ousted White House adviser Anthony Scaramucci's ... ( read original story ...)

SJM Holdings revenue, earnings and profit all down in H1

Figures released Tuesday show the Hong Kong-listed SJM’s gaming revenue falling 2% year ... If there was a bright spot, it was SJM’s flagship property, the Casino Grand Lisboa, which saw revenue improve 7.7% to HKD 7.3b, largely on the strength of ... ( read original story ...)

Hong Kong’s mortgage loans up 5.6 pct in June

Mortgage loans approved in June rose 5.6 percent month-on-month to 44 billion HK dollars (about 5.6 billion U.S. dollars), the Hong Kong Monetary Authority said here on Monday. Mortgage loans financing primary market transactions increased 19.2 percent to ... ( read original story ...)

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It also shows that low mortgage rates alone are not the driver of the much ... Ding Shuang, chief China economist at Standard Chartered in Hong Kong, said: The economy in the second half will likely slow down gradually. With the deleveraging in process ... ( read original story ...)

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Is Xi worried about Pyongyang-triggered financial crisis?

Famed Hong Kong investor Xiao Jianhua was abducted by Chinese authorities ... by financial crises -- first the Asian currency crisis of 1997, and then the subprime mortgage crisis 10 years later. It is only natural that Xi should fear a repeat. ( read original story ...)