HSBC Thailand expects higher demand for yuan borrowing from large Thai corporates, in line with positive growth of cross-border trade and investment between Thailand, China and Hong Kong.Normally Thai …
Hong Kong luxury property owners turn to high-interest private loans for relief from liquidity pain
On a road that winds through Hong Kong’s posh Repulse Bay neighbourhood, a multistorey luxury residential building with Roman columns and sweeping views of the South China Sea has been put forward as …
Liquidation of China’s Evergrande has ‘a lot of similarities’ to Lehman Brothers, analyst says
A Hong Kong court on Monday ordered Chinese real estate developer Evergrande Group — the world’s most heavily indebted property developer — to liquidate its assets.
Peak distress: Hong Kong luxury property owners turn to high-interest private loans for relief from liquidity pain
Cash-strapped owners are taking out loans with rates up to 29 per cent, with luxury properties in areas like The Peak and Repulse Bay as collateral Asia-Pacific private credit market has grown 3.5 …
Number of family offices based in Hong Kong could surpass Singapore ‘in a few more years,’ investment body predicts
InvestHK says city could overtake Singapore for family offices, despite a big gap in numbers between the two jurisdictions at present.
Number of family offices based in Hong Kong could surpass Singapore ‘in a few more years,’ investment body predicts
InvestHK says city could overtake Singapore for family offices, despite a big gap in numbers between the two jurisdictions at present.
Hong Kong’s Rise in AI Adoption Rivals Financial Powerhouses, Study Shows
In a groundbreaking joint report by the Hong Kong Trade Development Council (HKTDC) and PwC, Hong Kong’s formidable strides in AI adoption within the …
Hong Kong’s Rise in AI Adoption Rivals Financial Powerhouses, Study Shows
In a groundbreaking joint report by the Hong Kong Trade Development Council (HKTDC) and PwC, Hong Kong’s formidable strides in AI adoption within the …
China Resources Seeks HK$6 Billion Loan for Hong Kong Site
China Resources Holdings Co. and its property development unit are in talks with some banks in Hong Kong for a potential syndicated loan of around HK$6 billion ($767.4 million) to finance work on a …
Hong Kong ‘Underwater’ Mortgage Levels Hit Two-Decade High
Underwater mortgage” levels in Hong Kong surged to a two-decade high amid a prolonged slump in what’s forecast to be one of the world’s worst property markets this year.