UAE’s recent move to offer a safety net for high-stake ventures, with Dubai Insurance tying up with Hong Kong-based OneDegree to offer ‘digital asset insurance’ to crypto businesses is cited as the la …
Tencent loses over $43 billion in market value after China proposes new online gaming rules
China’s National Press and Publication Administration released the new draft guidelines during the mid-morning Friday trade, sinking the Hong Kong-listed shares of the two Chinese companies. Tencent tumbled as much as 15.7% to HK$263.60 before paring losses to trade down about 12.7% in mid-afternoon trade, still its lowest since end-November 2023.
With a $3.8 Million Investment, You Can Gain Residency in Hong Kong
The Asian metropolis has decided to grant residency to those who invest 30 million Hong Kong dollars ($3.8 million) into it, Bloomberg reported on Tuesday. The Capital Investment Entrant Scheme, as …
This Global Broker Bets on China Despite Exodus, Grim Outlook
A steady drumbeat of global banks are scaling back their expansion plans, rainmakers in Hong Kong have a lot more free time as deals evaporate, and a key China stock index is on track for a third year …
This Global Broker Bets on China Despite Exodus, Grim Outlook
A steady drumbeat of global banks are scaling back their expansion plans, rainmakers in Hong Kong have a lot more free time as deals evaporate, and a key China stock index is on track for a third year …
You Can Now But Hong Kong Residency for a Cool $3.8 Million
In recent years, even before the pandemic began, Hong Kong has experienced an outflow of residents, thanks in part to anti-democratic politics in the city. It’s also seen a downturn in the local …
Saudi Arabia launches US$5 billion partnership with Hong Kong’s Regal Hotels and Cosmopolitan International to promote tourism
Amid warming ties between Riyadh and Beijing, the gulf nation is continuing a push to diversify its economy and attract more international tourists.
Hong Kong economy, property market to benefit from rate-cut cycle as early as March, analysts say
Analysts expect the Federal Reserve to start cutting interest rates next year, with one expecting the first salvo in March. Lower rates would benefit Hong Kong’s property and capital markets, and …
Dubai real estate: 1-bedroom apartments most popular property with buyers
According to the latest UBS Index, Dubai, with a very low index of 0.14, fared way ahead of Hong Kong (1.24) and London (0.98). “Considering the sustained growth, it is advisable to invest in property …
US Imposes Fresh Sanctions on Iran-Related Drone Production Network
WASHINGTON – The United States has issued fresh sanctions on 10 entities and four people based in Iran Malaysia Hong Kong and Indonesia it accuses of …