The developer, the property flagship of Hong Kong billionaire Li Ka-shing, also dismissed claims that its discounted pricing aimed to, or would, trigger a price war. More than 22,000 prospective buyers have deposited cheques in hopes of buying flats at …
Russian companies move legal battles to Hong Kong courts
Russian companies are turning to Hong Kong for dispute arbitration services as sanctions over the Ukraine war restrict their access to western courts. Lawyers in the city say Russian companies are …
Taiwan’s exports fall for 11th straight month, as mainland China’s weakened world-factory role hit shipments
Taiwan’s exports fell by 10.4 per cent in July from a year earlier due to weak demand from mainland China and Hong Kong Exports of Taiwan’s flagship electronic components, including semiconductors, …
Taiwan’s exports fall for 11th straight month, as mainland China’s weakened world-factory role hit shipments
Taiwan’s exports fell by 10.4 per cent in July from a year earlier due to weak demand from mainland China and Hong Kong Exports of Taiwan’s flagship electronic components, including semiconductors, …
Li Ka-shing’s CK Asset expects to sell 626 flats in weekend sale as 13,000 Hong Kong homebuyers bite on 7-year-low prices
CK Asset expanded the Coast Line II sale from 254 to 626 flats, and analysts say the low average price of HK$14,686 (US$1,880) per square foot will pressure other developers to cut prices in future launches.
China Property Stocks Lead Hong Kong Market Slump
A cash crunch at China’s largest surviving property developer rattled Hong Kong’s stock market on Tuesday, sending the benchmark Hang Seng Index down 1.8%. Country Garden Holdings said it missed coupon payments that were due Monday on two U.
Billionaire-Backed Fintech Becomes Hong Kong’s Latest Unicorn With $458 Million Round, Baillie Gifford Joins As A New Investor
The funding round, which values the two-year-old startup at $1.7 billion, included participation from Lenovo Capital, Vectr Fintech and Dara Holdings.
Canadian Case Exposes Hong Kong Developer’s Corporate Ties to Chinese Criminal Underworld
Hong Kong property developer Yu Shunhui is known for his philanthropy and real estate deals, but there is a darker side to his business. Reporters have discovered that he is behind a company named …
Exclusive: Credit Suisse Hong Kong investing banking job cuts, targeting 80% staff, start this week- sources
Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid off and the cuts will start from this week, two people with knowledge of the matter said, as part of the bank’s …
HK$17 billion Hong Kong business boost and 4,000 new jobs trumpeted by finance secretary Paul Chan
Paul Chan Mo-po wrote on Sunday in his weekly blog that …