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Tag: Hong Kong

Posted on May 3, 2024

Wall Street Journal moves Asia headquarters from Hong Kong to Singapore

THE Wall Street Journal will shift its Asia headquarters from Hong Kong to Singapore, it said on Thursday in a letter sent to staff and seen by AFP. Read more at The Business Times.
Posted on May 2, 2024

Number of Hong Kong taxpayers earning over HK$900,000 rises despite tax revenue drop, with ‘King of Employees’ Canning Fok at HK$129.7 million

Authorities have not disclosed names of highest earners, but Post check finds heavy hitters from major conglomerates earn anywhere from HK$9 million to HK$130 million.

( read original story …)



Posted on May 2, 2024

The well-off families who’ve fled Hong Kong and come to Greater Manchester for freedom, top schools and property

Other arrivals have found that selling up relatively small apartments in Hong Kong, where property is much more expensive, has given them enough money to buy a house and a rental property. When I …

( read original story …)



Posted on May 2, 2024

Hedge funds make billions as India’s options market goes ballistic

The options boom is propelled by the rapid growth of India’s stockmarket. In January it overtook Hong Kong’s to become the fourth-largest in the world. The Nifty 50, NSE ’s benchmark index, is …
Posted on May 2, 2024

Hong Kong’s negative equity mortgage cases rise to 20-year high

Cases of negative equity in Hong Kong’s residential mortgage loans rose 27% in the first quarter from the previous one to the highest in 20 years, the city’s de facto central bank said. Hong Kong’s …

( read original story …)



Posted on May 2, 2024

Premia Partners announced fee reduction for Premia Vietnam ETF and change of underlying index

Premia Partners, a leading ETF provider from Hong Kong, announces today fee reduction of its Premia Vietnam ETF (the ETF) and change of the underlying index to S&P Vietnam Core Index (USD) NTR (the …
Posted on April 29, 2024

China Market Update: Tesla & Baidu Venture Wins, Panda Diplomacy, & Another Massive Net Buy Day In Northbound Stock Connect

Real estate was the top-performing sector in both Hong Kong, where it gained +4.4% and Mainland China, where it gained +6.39% on reports that Chengdu lifted property …

( read original story …)



Posted on April 29, 2024

Horse racing weekend busy in Hong Kong, Japan, England, France

A busy weekend of horse racing around the globe found Romantic Warrior atop the heap in Hong Kong, T O Royal the king of stayers in Japan and a Godolphin runner shaping up for the Epsom Derby.
Posted on April 29, 2024

As Hong Kong property launches hit 7-year high, analysts say pent-up demand may moderate

Buoyed by the brisk sales of flats following the removal of Hong Kong’s property cooling measures, the city’s developers have this year launched 4,800 new units as of last week, a seven-year high.

( read original story …)



Posted on April 29, 2024

Chinese property shares rally on stimulus hopes

By Clare Jim and Xie Yu HONG KONG (Reuters) -Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing …

( read original story …)



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