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Tag: Hong Kong

Posted on February 15, 2024

Marketmind: Japan GDP on tap, yen hugs 150.00/$

China is still closed but markets in Hong Kong and most of Asia are up and running after the Lunar New Year break, and the local highlights on Thursday will include fourth quarter GDP figures from …
Posted on February 15, 2024

Year of the Dragon bodes well for Hong Kong’s ailing stock market as rate cuts, improving Chinese economy bring hope, say finance chiefs

Hong Kong stocks posted positive returns in the past four Years of the Dragon,’ says Financial Secretary Paul Chan during a ceremony to mark the first day of trading day of the Lunar New Year. He also …
Posted on February 14, 2024

Timely rule change to help flat buying in Hong Kong’s Greater Bay Area

Relaxing daily cross-border remittance caps will make it easier to purchase homes in the development zone, and thus provide incentive for jobseekers and entrepreneurs to move Hongkongers are often …

( read original story …)



Posted on February 14, 2024

MGM China Shares Gain as Macau Tourism Recovery Boosts Fourth-Quarter Earnings

By Kimberley Kao MGM China shares rose in Hong Kong trade after the Macau-focused casino operator reported better-than-expected fourth-quarter …
Posted on February 14, 2024

Year of the Dragon bodes well for Hong Kong’s ailing stocks as rate cuts, improving Chinese economy bring hope, officials say

Hong Kong stocks posted positive returns in the past four Years of the Dragon,’ finance chief Paul Chan said on the first trading day of Lunar New Year, citing China’s improving economy and potential …
Posted on February 14, 2024

Developer China South City stock sinks 20% in Hong Kong after warning of multiple bond defaults

Chinese developer China South City Holdings plunged 20 per cent to a new 52-week low after it warned last week that it would default on multiple bonds maturing this year. The Shenzhen-based company …

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Posted on February 14, 2024

After France, UPI services now in Sri Lanka and Mauritius: Here’s how NRIs can make payments sitting abroad

NPCI has tie-ups with multiple countries, including Australia, UAE, Saudi Arabia, Singapore, USA, Qatar, Hong Kong, UK, Canada, Oman, and France …
Posted on February 14, 2024

CEO of a $19 billion UK bank with business in Hong Kong since the Victorian age sees a ‘lack of confidence’ unraveling China’s economy

CEO of a $19 billion UK bank with business in Hong Kong since the Victorian age sees a ‘lack of confidence’ unraveling China’s economy …
Posted on February 12, 2024

Goldman Sachs says Hong Kong home prices will rebound in 2025 after hitting bottom this year, raises office market concerns

The US investment bank says the residential sector will see a gradual recovery this year after the US Federal Reserve begins to cut rates and Hong Kong mortgage rates are lowered from the second …

( read original story …)



Posted on February 12, 2024

New Office Launch in Hong Kong After India and Dubai, Aims for Fourth in Ghana

HJ Real Estates, a leading property channel partner and advisor in Dubai, announced the inception of its business operation in Hong Kong last year in November …

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