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Tag: Hong Kong

Posted on May 25, 2023

Historic villa in Hong Kong’s Pok Fu Lam acquired by PAG CEO Gradel for US$70 million

Villa Ellenbud, which was built in the 1920s and is a Grade III historic building, has been acquired by Christopher Marcus Gradel, official documents show.

( read original story …)



Posted on May 25, 2023

Towngas’ Peter Lee sees opportunities in Saudi Arabia’s green economy, seeks roles in sectors like energy technology and storage

In February, Hong Kong Chief Executive John Lee Ka-chiu visited Saudi Arabia and the United Arab Emirates seeking business partnerships between Hong Kong and the Middle East. Six bilateral deals …
Posted on May 24, 2023

Cathay Pacific fires cabin crew over alleged discrimination of passenger on flight from China

Cathay Pacific Airways said Tuesday it had fired three cabin crew members after a passenger complained of discrimination on a flight from mainland China, an incident that angered Hong Kong officials …
Posted on May 24, 2023

Impact investing: profit-seeking ESG investments gain traction in Hong Kong as sustainability issues grab attention

Hong Kong can leverage its vibrant ecosystem for global family offices and asset owners and become a hub for impact investing, estimated at US$1.16 trillion globally, as sustainability awareness …
Posted on May 24, 2023

Beijing-based Commerce & Finance Adds Ex-Norton Rose Corporate Finance Partner In Hong Kong

Terence Lau, who was previously a partner at Norton Rose Fulbright and at Hogan Lovells, has joined the Hong Kong office of Chinese firm Commerce & Finance Law Offices.
Posted on May 24, 2023

Hong Kong to let individuals trade cryptocurrency

The Hong Kong Securities and Futures Commission (SFC) has revealed plans to permit licensed cryptocurrency platforms to cater to retail investor sunder its new regulatory framework for the sector.
Posted on May 24, 2023

New Crypto Rules Suggest Hong Kong Is ‘Testing Ground’ for China, Say Experts

Hong Kong is looking to reposition itself as a key crypto hub in the region, introducing regulations to ensure suitable onboarding processes, disclosures, and more for virtual asset trading platforms.
Posted on May 23, 2023

Hong Kong’s lived-in home prices to drop 5 per cent this year as sales sputter amid new-home glut, high interest rates: Knight Frank

Another property consultancy has joined a growing chorus that believes lived-in home prices are destined to slide in Hong Kong as sales sputter after a recovery in the first quarter proved short-lived …

( read original story …)



Posted on May 23, 2023

Last emperor of China’s watch sells for record $5.1 million in Hong Kong auction

A Patek Philippe Reference 96 Quantieme Lune formerly from the collection of China’s last emperor of the Qing Dynasty Aisin-Gioro Puyi is seen during a preview at Phillips, in Hong Kong, C …
Posted on May 23, 2023

How a Billion-Dollar Hong Kong Luxury Tower Highlights Developer Distress

The Corniche was supposed to generate HK$30 billion ($3.8 billion) in sales after the developers bought the land overlooking the South China Sea for a record price.

( read original story …)



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