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Tag: Hong Kong

Posted on September 26, 2023

China urges countries to boycott Hong Kong media freedom event – document

China is pressing countries to boycott a British-organised event at the United Nations in Geneva on media freedom in Hong Kong with the son of a jailed media tycoon, a letter showed and four diplomats confirmed on Tuesday.
Posted on September 26, 2023

Evergrande stocks have tanked 27% this week, suggesting the worst is far from over for China’s property sector

Evergrande is valued at 5.3 billion Hong Kong dollars now — way down from 2017 when it was worth nearly 80 times that number.
Posted on September 26, 2023

Will Hong Kong or Singapore finance the Global South’s pressing needs if the rich North won’t?

Although Hong Kong and Singapore have very large banking systems, the Basel rules on capital, liquidity and total leverage caps have on the whole made banks much more cautious in taking risks to …
Posted on September 25, 2023

China Property Market Woes Spark Fears Of 2008-Style Global Recession Led By China Slump

Continued troubles in the real estate sector in China are scaring investors in Hong Kong and leading to talks of a potential China property-led global market rout.

( read original story …)



Posted on September 25, 2023

With interest rates likely to have peaked, Hong Kong home prices will soon begin to look up, Knight Frank analyst says

An imminent decline in global interest rates should boost housing markets, but any improvement in Hong Kong could be delayed until there is a broader recovery in the local and wider Chinese economies, …

( read original story …)



Posted on September 24, 2023

China property crisis holds Singapore, Hong Kong REITs back

SINGAPORE — China’s ongoing property crisis has piled further pressure on real estate investment trusts (REITs) in Asia as investors tread warily, with the troubles of Chinese players feeding doubt …

( read original story …)



Posted on September 24, 2023

British, French businesses eyeing Hong Kong as launch pad for expansion into mainland China and rest of Asia, city’s Paul Chan says

Finance minister wraps up visit to London and heads off to Germany as part of 10-day journey across Europe at head of 130-strong trade delegation.
Posted on September 24, 2023

British, French businesses eyeing Hong Kong as launch pad for expansion into mainland China and rest of Asia, city’s Paul Chan says

Finance minister wraps up visit to London and heads off to Germany as part of 10-day journey across Europe at head of 130-strong trade delegation.
Posted on September 24, 2023

Crackdown on illegal structures set to chill demand, recovery in Hong Kong’s luxury homes market, analysts say

A government crackdown on illegal structures in Hong Kong’s luxury homes is giving the high-end property market a chill, adding to financial headwinds that could derail a revival this year from a four …

( read original story …)



Posted on September 23, 2023

Will Japan’s financial sector reforms help Tokyo rival Hong Kong and Singapore?

In New York, PM Fumio Kishida is set to outline plans to entice finance firms, looking at tax, tech, AI and helping foreign and female workers to thrive Analysts are divided on whether this will work, …

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