California Gov. Gavin Newsom (D) will travel next week to China, where he plans to explore potential climate partnerships and visit five different regions — with stops ranging from Hong Kong to Tesla’s factory in Shanghai.
Colliers revises 2023 forecast, says Hong Kong commercial property investment to decline by 65% as interest rates, economy weigh on sentiment
Investment in Hong Kong commercial property this year is likely to fall 65 per cent year on year to HK$26 billion (US$3.33 billion), a 15-year low, as a slow economic recovery in the city and mainland …
Hong Kong Property Barons’ Perpetual Debt Too Good To Be True?
With mainland property market in dire straits, Investors can no longer take Hong Kong developers’ debts for granted.
Habitat Property’s Victoria Allan says removal of Hong Kong’s property curbs is likely to boost home sales, but high interest rates are likely to keep prices in check
Removal of cooling measures is likely to ‘impact sentiment and … increase the transaction volumes by 5 per cent to 10 per cent’, Allan says All eyes are on Chief Executive John Lee Ka-chiu’s policy …
Matthew Lau: The numbers don’t lie — China’s crackdown is killing Hong Kong’s economy
Jimmy Lai, a renowned businessman and publisher, recently marked his 1,000th day as a political prisoner in a Hong Kong jail. A new survey by global recruiting firm Robert Walters finds that about …
Hong Kong’s Property Market Crisis: A Symptom of a Greater Chinese Real Estate Woe
The bustling city of Hong Kong, a bastion of free-market capitalism, is now facing an unexpected adversary: a significant downturn in the property market. In October, 60% of recorded cases have shown …
Hong Kong’s Financial Secretary Engages in Key Financial Talks in Morocco
Financial Secretary of Hong Kong, Paul Chan, recently engaged in strategic talks with the central bank governor of Malaysia and representatives from various financial institutions during his visit to …
Hong Kong’s Financial Secretary Engages in Key Financial Talks in Morocco
Financial Secretary of Hong Kong, Paul Chan, recently engaged in strategic talks with the central bank governor of Malaysia and representatives from various financial institutions during his visit to …
South Korea to fine two Hong Kong banks for naked short-selling
South Korea’s stock market watchdog said on Sunday it found two Hong Kong-based investment banks had engaged in naked short-selling, which would likely result in record fines.
Hong Kong gov’t may face larger deficit than expected, as finance chief cites weak land sales
The Hong Kong government may face a larger deficit than expected this year, finance minister Paul Chan has said, citing poor land sales amid a struggling property market. Speaking on a Commercial …