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Tag: Hong Kong

Posted on March 26, 2023

Hong Kong’s office glut to come under further pressure from Credit Suisse-UBS merger, analysts say

With thousands of jobs at risk from Credit Suisse-UBS tie-up and more on the line across the wider financial sector, the outlook for Hong Kong’s office sector looks bleak The vacancy rate at Hong Kong …
Posted on March 25, 2023

Hong Kong property: In One, Grand Jete post bumper sales as homebuyers rush back after banks held mortgage rates unchanged

The long queues were a welcomed sight for Hong Kong’s developers and sales agents, as rising interest rates combined with the Covid-19 pandemic to knock the city’s property bull market off its footing …

( read original story …)



Posted on March 25, 2023

Singapore closes gap with Hong Kong on pricey business trips

TOKYO — Asian cities that fully reopened earlier than others after the COVID-19 pandemic saw a rise in business travel expenses, according to a study recently released by British human resources …
Posted on March 25, 2023

Tourist Survives Terrifying Bungee Jump Fall in Thailand After Cord Snaps

The tourist, originally from Hong Kong and visiting Thailand, jumped from a 10-story-high platform when his bungee cord snapped and sent him falling headfirst into water below …
Posted on March 24, 2023

Exclusive: Hong Kong Billionaire-Backed Fintech Unveils Exchange Platform For ‘The Little Guy’

Financial technology startup Micro Connect – backed by the likes of Hong Kong property tycoon Adrian Cheng and billionaire Li Ka-shing – will roll out its flagship exchange platform Saturday in Macau.

( read original story …)



Posted on March 24, 2023

Hong Kong property heir buys luxury home for $10.1m

HONG KONG – Property heir Douglas Woo bought an apartment in an upscale area of Hong Kong for HK$59.8 million (S$10.1 million) at a time when the city’s luxury market is just picking up as the border …

( read original story …)



Posted on March 24, 2023

Outlook for Hong Kong’s property market bright as end of interest rate increases in sight, analysts say

The border reopening with mainland China is also boosting the confidence of investors to snap up property as an economic recovery is also likely to bolster demand for homes in Hong Kong. A rising …

( read original story …)



Posted on March 24, 2023

Wealth managers ramp up staff in Hong Kong to chase Chinese demand

HONG KONG, March 24 (Reuters) – Wealth management firms are expanding operations aggressively in Hong Kong to meet pent-up demand from rich Chinese individuals looking to invest more money overseas …
Posted on March 24, 2023

Wealth managers ramp up staff in Hong Kong to chase Chinese demand

HONG KONG, March 24 (Reuters) – Wealth management firms are expanding operations aggressively in Hong Kong to meet pent-up demand from rich Chinese individuals looking to invest more money overseas …
Posted on March 24, 2023

Hong Kong on watch for any ‘spillover’ from US regional banks

HONG KONG, March 24 (Reuters) – Hong Kong needs to watch carefully for any further “spillover” from U.S. regional banks, although the city has very little exposure to the situation in European and U.S …

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