Several ‘underground channels’ to funnel money offshore have emerged, several Hong Kong property agents said. The most common method is to transfer funds in installments from mainland bank accounts to …
3 new Hong Kong ‘community living rooms’ for people living in tiny subdivided flats to open
The new resources, all in Kowloon, are expected to cater to more than 1,000 households living in cramped conditions in To Kwa Wan, Hung Hom and Nam Cheong Chief Secretary Eric Chan appeals to more …
Bankers in India to Get Higher Salary Increases Than Singapore, Hong Kong
Finance professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how firms are tapping the nation’s economic boom as China slows, …
China probes exposure of HK units of banks, insurers to local government debt, sources say
China’s financial sector regulator is looking into the exposure of the Hong Kong units of domestic banks and insurers to the country’s local government debt, three sources with knowledge of the matter …
With Cathay flying high, Hong Kong’s Swire Pacific posts record US$4.6 billion profit, looks to healthcare for growth
Conglomerate reports record profit of HK$36.2 billion (US$4.6 billion) for 2023, nearly eight times better than 2022’s HK$4.7 billion.
Stocks Are Mixed as China Scrambles to Avoid Major Real Estate Developer Bankruptcy
FILE – A pedestrian passes by a Hong Kong Stock Exchange electronic screen in Hong Kong on July 21, 2023. China stocks were mixed Wednesday, March 13, 2024, as the country scrambled to avoid major …
Wharf sees more struggles ahead in Hong Kong, mainland China after reporting weak property sales, profit in 2023
China faces considerable domestic challenges, from a sluggish property market to weak consumer sentiment, Wharf says. After a poor result in 2023, more time is needed to revive the property markets, …
Wharf sees more struggles ahead in Hong Kong, mainland China property markets after reporting weak sales, profit in 2023
China faces considerable domestic challenges, from a sluggish property market to weak consumer sentiment, Wharf says. After a poor result in 2023, more time is needed to revive the property markets, …
Hong Kong property: all eyes are on CK Asset’s Blue Coast project for ‘direction’ on housing prices
All eyes are on CK Asset Holdings, the property flagship of Hong Kong billionaire Li Ka-shing, which is likely to launch Blue Coast, its new project in Wong Chuk Hang, this month, analysts said. The …
Philippines Veteran Lav Diaz Says ‘Humanity Has Miserably Failed’ in HAF Work-in-Progress Film ‘Kawalan’
The work-in-progress has been selected for the 22nd Hong Kong — Asia Film Financing Forum ( HAF ), the project market that operates concurrently with FilMart.