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Posted on May 10, 2024

Even a State-Linked Giant Can’t Escape China’s Real-Estate Crisis

China Vanke’s Hong Kong-listed shares have lost two-thirds of their value over the past year. That is bad news for those hoping the worst is over for China’s real-estate market.

( read original story …)



Posted on May 10, 2024

Saudi Tadawul rates HKEX highly, saying it has ‘learned a lot’ from the Hong Kong bourse operator

The Saudi stock exchange will weigh its reforms against the likes of the Hong Kong stock exchange as it bids to become a leading global capital market, Tadawul Group’s Nayef Al-Athel says.
Posted on May 10, 2024

Saudi Tadawul rates HKEX highly, saying it has ‘learned a lot’ from the Hong Kong bourse operator

The Saudi stock exchange will weigh its reforms against the likes of the Hong Kong stock exchange as it bids to become a leading global capital market, Tadawul Group’s Nayef Al-Athel says.
Posted on May 9, 2024

With China’s Property Market Struggling, India, Korea and Vietnam Are Hot

Asia’s commercial property market was driven largely by Hong Kong and China. With the mainland economy booming, it was easy to fill office towers in the former colony and in prosperous cities such as …

( read original story …)



Posted on May 9, 2024

Hong Kong works on an ETF of HKEX stocks for Tadawul exchange in push for collaboration with Saudi Arabia

The new financial product underscores the flurry of collaborations and accords between Hong Kong and Riyadh since the February 2023 visit by Chief Executive John Lee Ka-chiu to the kingdom.
Posted on May 9, 2024

Hong Kong’s New Home Sales Hit Record High of $5.4 Billion

New home sales in Hong Kong surged to a record high in April, as buyers rushed to the market after the government removed property curbs.

( read original story …)



Posted on May 9, 2024

Hong Kong can be Saudi Arabia’s best friend: govt

The friendship between Hong Kong and Saudi Arabia has blossomed since SAR officials visited the Middle Eastern country two years ago, Deputy …
Posted on May 9, 2024

Hong Kong can be Saudi Arabia’s best friend: govt

The friendship between Hong Kong and Saudi Arabia has blossomed since SAR officials visited the Middle Eastern country two years ago, Deputy …
Posted on May 8, 2024

China Vanke to auction Shenzhen land plot with loss-making reserve price

which the state-backed property developer bought in late 2017 for 3.1 billion yuan, will start on May 18, according to a notice in the Shenzhen Public Resources Trading Center on Wednesday. HONG KONG: …

( read original story …)



Posted on May 8, 2024

The painful slump in Hong Kong property

Prices and rents have fallen amid higher interest rates and a slowdown in China. Some experts warn that recovery could be elusive …

( read original story …)



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