Hong Kong has three strengths that are indispensable for fostering climate financing: technical, legal and financial knowledge,’ says Riccardo Puliti Countries in Asia-Pacific consume a …
China’s stock market plays catch-up after data shows biggest travel surge since COVID
China’s stock market returned from the week-long Lunar New Year break in chipper mood, playing catch-up with a rally in Hong Kong, and with sentiment boosted by some better economic news. The Shanghai …
One of the World’s Most Expensive Luxury Property Markets Is Becoming a Lot Cheaper
China’s economic slowdown is wreaking havoc on Hong Kong’s luxury property market.The most expensive homes in the city are changing hands at steep discounts to what they were worth just a few years …
Axe all Hong Kong’s property cooling measures to boost sluggish market, political heavyweights and economists tell authorities ahead of budget
Four of city’s top political parties call on finance chief Paul Chan to roll back property curbs, arguing partial easing last October didn’t trigger feared soaring housing prices ‘Scrapping all the …
Finance leader defends Hong Kong stock market after US economist claims it is ‘over’
The chairperson of Hong Kong’s bourse operator has defended the city’s stock market after a US economist wrote in the Financial Times that the Hong Kong market was “over”. Outgoing chair of Hong Kong …
People’s ‘assets are disappearing’: Midland Realty chairman sounds the alarm as he urges removal of all Hong Kong property cooling measures
Hong Kong should do away with property sector cooling measures altogether as declines in real estate values and the stock market are putting Hongkongers’ assets at risk, says the chairman of Midland …
Exclusive-HSBC to improve ties with Hong Kong unit Hang Seng to mitigate risk, say sources
By Sumeet Chatterjee, Engen Tham and Selena Li HONG KONG/SHANGHAI (Reuters) – HSBC plans to tighten risk management at Hong Kong unit Hang Seng Bank due to worries about a potential rise in bad loans …
Hong Kong luxury rents dropped in fourth quarter but rose slightly in 2023, good for 9th spot on Knight Frank global list
Rents rose 0.9 per cent in 2023, raising Hong Kong from 10th to ninth place in the latest Knight Frank Prime Global Rental Index Singapore sits in fourth place with a 5 per cent annual gain, while …
China Market Update: Pain Trade Is Higher: Hong Kong Rallies As Fund Managers Reduce Exposure
Asian equities rebounded overnight, as Taiwan returned from holiday in good spirits, jumping +3%, led by an analyst upgrade of Taiwan Semiconductor Manufacturing Company (TSMC).
BPAHK Urges HK Govt to Withdraw Spicy Measure in Property Mkt, Reduce Stamp Duty on Stocks
Lo said that the recovery of Hong Kong’s property and stock markets was not as expected. Lo hoped for the withdrawal of spicy measures in the property market and the reduction of stamp duty in the …