Regulation, Forex, Crypto, Web 3.0, NFTs, Metaverse, ESG, AI Will Be in Focus. Taking place on May 17, 2024, Wiki Finance Expo Hong Kong 2024 is one of the largest and most influential fintech and …
Weak demand, tighter lenders: Hong Kong property developers face tough 2024
Hong Kong’s property companies face a squeeze in 2024 from rising funding costs and sluggish home sales and office rentals, making creditors and investors cautious about developers’ financial health.
Hong Kong a cautionary tale as China looms over Taiwan’s election
As Taiwan heads to the polls this weekend in an election bound to shape its relationship with China, voters are being called to think of Hong Kong.
Exclusive: China’s Harvest Fund cuts Hong Kong staff in pullback from offshore business, sources say
Harvest Fund Management, which manages $210 billion in assets, has laid off more than one-third of its staff at its Hong Kong unit as the leading Chinese asset manager pulls back from foreign business …
Open House: $77,000 a Month Rental Shows Depth of Hong Kong’s Luxury Downturn
The deep freeze in what was the world’s hottest property market is prompting a significant shift in strategy by home owners in Hong Kong.Most Read from BloombergGoogle Lays Off Hundreds in Hardware, …
Taiwan spotlights China crackdown on Hong Kong ahead of key poll
As Taiwan prepares to hold a closely watched election on Saturday, the main political parties have highlighted China’s crackdown in Hong Kong and rejected Beijing’s model of governance there being …
Hong Kong’s smaller developers steal a march on big guns, offer discounts to offload flats before Lunar New Year holiday
The developers of smaller residential projects in Hong Kong are hastening sales by offering discounts before the Lunar New Year holiday, with the aim of increasing their market share before larger …
Hong Kongers seeking residency in Taiwan face challenges, uncertainty amid evolving immigration policies
Taiwan was touted as a safe harbour for those wanting to move out of Hong Kong after the new national security law was passed in 2020. However, as cross-strait tensions deepen in recent years, sentiments towards the newcomers are changing.
Chinese property firm Evergrande’s EV company says its executive director has been detained
A top executive of China Evergrande’s electric vehicle company has been detained by police in the latest sign of trouble for the world’s most heavily indebted property developer. China Evergrande New Energy Vehicle announced the detention of Liu Yongzhuo in a notice Monday to the Hong Kong Stock Exchange after its shares were suspended from trading.
China Evergrande EV unit says trade in shares halted
China Evergrande New Energy Vehicle Group said on Monday that trade in its Hong Kong-listed shares have been halted ahead of an announcement from the company. It gave no further details. Shares in the …