(Reuters) – Stock markets in China and Hong Kong have slumped to multi-year lows this week as confidence in the world’s second-biggest economy has evaporated and foreign money has fled, while data …
India Overtakes Hong Kong as World’s Fourth-Largest Stock Market
India’s stock market has overtaken Hong Kong’s for the first time in another feat for the South Asian nation whose growth prospects and policy reforms have made it an investor darling.
Hong Kong Peak Mansion Sold at 30% Discount for $107 Million
A Chinese billionaire snapped up a luxury property on Hong Kong’s Victoria Peak for a discount of more than 30%, seizing an opportunity amid the city’s unprecedented real estate downturn. The mansion …
Luxury Hong Kong mansion on The Peak sells at 35% discount for US$107 million to company linked to Mindray founder
The two-storey, 11,687 sq ft detached house on Lugard Road went on sale in October and was valued at HK$1.3 billion (US$166 million).
Scrap Hong Kong’s ‘outdated’ property cooling measures and refrain from introducing new taxes, pro-business groups urge finance chief Paul Chan
Pro-business parties and politicians have urged the Hong Kong government to scrap all property cooling measures and refrain from introducing any new taxes in their recommendations to the finance chief …
Hong Kong urged to match Singapore in green and sustainable financing subsidies to help revive debt offerings
With both Hong Kong and Singapore scaling up sustainable finance in the region, the former is expected to retain its position as the “superconnector” and largest venue for China’s offshore sustainable …
Hong Kong urged to match Singapore in green and sustainable financing subsidies to help revive debt offerings
With both Hong Kong and Singapore scaling up sustainable finance in the region, the former is expected to retain its position as the “superconnector” and largest venue for China’s offshore sustainable …
Mainland Chinese buyers return to Hong Kong’s luxury property market amid signs of a pickup in activity
Hong Kong’s luxury property prices fell by around 8 per cent in 2023, and 15 per cent from the peak in July 2018, according to CBRE. A total of 173 deals involving units priced at US$10 million or …
Talks with Guangdong province on permanent cross-border checks system as Hong Kong cracks down on public housing tenants who own homes elsewhere
Crackdown on public housing cheats launched last October and Secretary for Housing Winnie Ho said moves under way to set up permanent investigation system.
Cartier-owner Richemont’s earnings may show the bright spot that luxury companies have been waiting for—demand from Chinese shoppers
China’s lackluster economic recovery following the peak of the COVID-19 pandemic, caused in part by of a property market crisis that roiled … a 25% sales growth in mainland China, Hong Kong and …