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 …
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 …
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 …
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.
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.
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 …
Chinese property developer Kaisa’s liquidation hearing adjourned to May 27
Shares of Kaisa jumped 23% on Monday, in line with the performance of other property peers. Hong Kong’s Hang Seng Mainland Properties Index (.HSMPI) , opens new tab firmed 5.6%, while mainland China’s …
Singapore bankers took home less than their Hong Kong peers in 2023: Report
Globally, the average bonuses for all financial services professionals were up by 4.9 per cent in 2023. Read more at straitstimes.com.
Pace of Hong Kong’s economic recovery may need to be re-evaluated but no drastic changes to forecasts, finance chief Paul Chan says
Hong Kong’s finance chief has warned of a need to re-evaluate the pace of economic recovery in the city amid possible delays to US interest rate cuts, but added that there will not be any drastic …
Chinese cornerstone investors are new pillars of Hong Kong IPOs and it’s not all good news
Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role …