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 …
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 …
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst
James Seyffart, senior ETF analyst at Bloomberg Intelligence, noted a “potential fee war” unfolding between issuers, with Harvest waiving all fees for the first six months. After the initial period, …
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst
James Seyffart, senior ETF analyst at Bloomberg Intelligence, noted a “potential fee war” unfolding between issuers, with Harvest waiving all fees for the first six months. After the initial period, …
Is There Light at the End of the Tunnel for Hong Kong?
Proposed regulatory changes are welcome news for the city’s stock market, but they probably aren’t enough.