Thirty local brokerages have closed down this year, after a record 49 shut up shop in 2022, according to Hong Kong stock exchange data. That comes as Wall Street banks lay off dealmakers due to a …
Hong Kong’s stock slump triggers wave of brokerage closures
Thirty local brokerages have closed down this year, after a record 49 shut up shop in 2022, according to Hong Kong stock exchange data. That comes as Wall Street banks lay off dealmakers due to a …
Middle Eastern states eager to invest in Hong Kong mega projects such as Northern Metropolis, finance chief Paul Chan says
Finance minister Paul Chan says Gulf states very interested in infrastructure projects, but more time needed to explain opportunities in mainland China and East Asia He points to Northern Metropolis …
Open House: Hong Kong’s Property Downturn May Yet Save Century-Old Townhouse
The four-story 1920s townhouse in Hong Kong’s Mid-Levels district survived Allied bombing runs during the war. It escaped the demolition wave of the 1970s and ’80s, which replaced the hillside …
Will Hong Kong’s tax tweaks end its real estate slump?
Rescue measures intended to coax mainland Chinese to purchase residential property in Hong Kong have failed to woo buyers, as the financial hub’s property market slump deepens. It comes six weeks …
Buying property in Asia? Real estate specialists give their investment tips
It’s a good time for homeowners in Hong Kong to buy now, but investors hunting for yield might want to think twice, says Peter Churchouse of Portwood Capital.
Like Hong Kong, Malaysia grapples with ‘grave pit’-sized homes as high living costs bite
Malaysia has enough laws to deal with illegal renovations and partitions done by building owners but enforcement of these laws remains a major issue Higher rental prices over the years have led …
Hong Kong and Saudi Arabia want to do more business together. Here’s why
For the first time, Hong Kong’s leader has welcomed Saudi Arabian elites to the city for an investment conference, in an example of how it is embracing new potential business partners as it confronts …
Moody’s cuts Hong Kong, Macau and bank rating outlooks following China move
Moody’s put Hong Kong, Macau and swathes of China’s state-owned firms and banks on downgrade warnings on Wednesday as it wasted little time in following up on an identical move the previous day on the …
Moody’s cuts Hong Kong, Macau and bank rating outlooks following China move
Moody’s put Hong Kong, Macau and swathes of China’s state-owned firms and banks on downgrade warnings on Wednesday as it wasted little time in following up on an identical move the previous day on the …