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Tag: Hong Kong

Posted on October 6, 2023

China adds finance-economy and social affairs bureaus to top Hong Kong-Macau body amid Beijing’s administrative upgrade

Economy and finance bureau and social work bureau will be added to new Central Hong Kong and Macau Works Office (CHKMWO).
Posted on October 6, 2023

The Rich Are Flocking to Singapore. Bankers Stick With Hong Kong

The boldfaced names in money management can’t get enough of Singapore these days. Billionaire Ray Dalio has set up shop to manage some of his personal fortune there. Ken Griffin and Steve Cohen are on …
Posted on October 5, 2023

‘Philippines has potential to become regional data center hub’

Can the Philippines really become a digital powerhouse in Southeast Asia? Globe Telecom Inc. thinks it can happen given the depleting space in Singapore and the geopolitical tensions in Hong Kong. In an interview with Bloomberg,
Posted on October 5, 2023

Hong Kong public housing tenants to be asked to share personal data for checks on property ownership as efforts to weed out abuses ramped up

All Hong Kong public housing tenants will be asked to give authorities permission to check personal data held by government departments and banks for property ownership information, with a compulsory …

( read original story …)



Posted on October 3, 2023

Embattled Chinese property firm Evergrande up 20% after trading resumes in Hong Kong

Shares of embattled Chinese property giant Evergrande surged over 20% after it resumed trading in Hong Kong on Tuesday.

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Posted on October 3, 2023

Hong Kong stocks sink most in three months amid China property woes, US rate worries

Stocks in Hong Kong sank the most since early June after trading resumed following a Chinese holiday, as worries mounted on China’s weak housing market, while investors were also concerned about …

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Posted on October 3, 2023

China’s ‘opening up’ policy risks becoming an empty promise without going beyond simple business deals

Whether China’s continued opening-up policy is successful is not about choosing the right labels, but whether the rest of the world buys into them. In the early 1980s, Hong Kong investors, out of …
Posted on October 3, 2023

Stock Market Today: Asian Markets Sink, With Hong Kong Down Almost 3% on Selling of Property Stocks

Asian markets have declined following a mixed session on Wall Street, where buying was pressured by rising bond yields

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Posted on October 2, 2023

Why Hong Kong’s law on illegal structures is a mess

There was something engagingly optimistic about the official estimate that the Red Hill Estate – where some homeowners’ illegal extensions were blamed for dangerous landslips during recent rough …

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Posted on October 1, 2023

Scrapping Hong Kong property curbs would be welcomed, but not sufficient to fix what ails the flagging sector: analysts

Any government rollback of property cooling measures is likely to boost home sales in Hong Kong, but even completely scrapping the measures would not be enough to revive a market that is grappling …

( read original story …)



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