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Tag: Hong Kong

Posted on February 20, 2024

China’s Point Man on Hong Kong to Visit the City, SCMP Reports

Beijing’s top official in charge of Hong Kong will travel to the financial hub this week to solicit views on a proposed domestic security law, the South China Morning Post reported.Most Read from …
Posted on February 20, 2024

China’s Point Man on Hong Kong to Visit the City, SCMP Reports

Beijing’s top official in charge of Hong Kong will travel to the financial hub this week to solicit views on a proposed domestic security law, the South China Morning Post reported.Most Read from …
Posted on February 20, 2024

Green finance: Hong Kong’s expertise can help Asia’s emerging markets fill climate funding gap, IFC regional head says

Hong Kong has three strengths that are indispensable for fostering climate financing: technical, legal and financial knowledge,’ says Riccardo Puliti Countries in Asia-Pacific consume a …
Posted on February 19, 2024

China’s stock market plays catch-up after data shows biggest travel surge since COVID

China’s stock market returned from the week-long Lunar New Year break in chipper mood, playing catch-up with a rally in Hong Kong, and with sentiment boosted by some better economic news. The Shanghai …
Posted on February 19, 2024

One of the World’s Most Expensive Luxury Property Markets Is Becoming a Lot Cheaper

China’s economic slowdown is wreaking havoc on Hong Kong’s luxury property market.The most expensive homes in the city are changing hands at steep discounts to what they were worth just a few years …

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Posted on February 17, 2024

Axe all Hong Kong’s property cooling measures to boost sluggish market, political heavyweights and economists tell authorities ahead of budget

Four of city’s top political parties call on finance chief Paul Chan to roll back property curbs, arguing partial easing last October didn’t trigger feared soaring housing prices ‘Scrapping all the …
Posted on February 16, 2024

Finance leader defends Hong Kong stock market after US economist claims it is ‘over’

The chairperson of Hong Kong’s bourse operator has defended the city’s stock market after a US economist wrote in the Financial Times that the Hong Kong market was “over”. Outgoing chair of Hong Kong …
Posted on February 16, 2024

People’s ‘assets are disappearing’: Midland Realty chairman sounds the alarm as he urges removal of all Hong Kong property cooling measures

Hong Kong should do away with property sector cooling measures altogether as declines in real estate values and the stock market are putting Hongkongers’ assets at risk, says the chairman of Midland …
Posted on February 16, 2024

Exclusive-HSBC to improve ties with Hong Kong unit Hang Seng to mitigate risk, say sources

By Sumeet Chatterjee, Engen Tham and Selena Li HONG KONG/SHANGHAI (Reuters) – HSBC plans to tighten risk management at Hong Kong unit Hang Seng Bank due to worries about a potential rise in bad loans …

( read original story …)



Posted on February 15, 2024

Hong Kong luxury rents dropped in fourth quarter but rose slightly in 2023, good for 9th spot on Knight Frank global list

Rents rose 0.9 per cent in 2023, raising Hong Kong from 10th to ninth place in the latest Knight Frank Prime Global Rental Index Singapore sits in fourth place with a 5 per cent annual gain, while …

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