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 …
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
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 …
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 …
Hong Kong halts trading of Evergrande shares as chairman detained
Market regulators in Hong Kong suspended trading Thursday in shares of the troubled Chinese property giant Evergrande after reports founder and chairman Hui Ka Yan is under house arrest.
Hong Kong sees improved retail property sales transactions
A retail unit was recently sold for HK$370m. Buoyed by the revival in tourist arrivals and the improved labour market, Hong Kong’s retail market remained stable. According to a Knight Frank report, …
IFC’s Hong Kong-based regional head to lead climate and sustainability efforts in East Asia, Pacific
Anna Ng, as IFC’s regional head of operations for East Asia and the Pacific, will focus on strategy implementation as well as fundraising efforts IFC and HKMA have launched initiatives to tackle …
China Liked Pope’s Recent Overture, Beijing Bishop to Visit Hong Kong
VATICAN CITY (Reuters) – The overture Pope Francis made to China earlier this month while he was in Mongolia was “well received” by Beijing’s communist government, which has given a mainland bishop permission to visit Hong Kong, the archbishop of Hong Kong said on Thursday.
Evergrande: Why should I care if China property giant collapses?
Evergrande suspended the trading of its shares in Hong Kong on Thursday. It marks another low for the firm which was declared to be in default in 2021 after missing a crucial repayment deadline, triggering China’s current real estate market crisis.
Exclusive-HSBC to acquire Citigroup China consumer wealth business -sources
By Selena Li HONG KONG (Reuters) -HSBC is set to acquire Citigroup’s China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of the matter said,