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Tag: Hong Kong

Posted on March 12, 2023

Six Hong Kong-listed firms say their deposits at SVB are immaterial

Six Hong Kong-listed companies, mostly Chinese pharmaceutical firms, disclosed cash deposits at Silicon Valley Bank on Sunday, adding that their exposure to the failed U.S. lender and its impact on …
Posted on March 11, 2023

‘We won’t sell land at dirt cheap prices,’ Hong Kong’s finance chief says, vowing to focus on stable housing supply for society

Financial Secretary Paul Chan reaffirms government’s commitment to land policy after year’s first sale of commercial plot fetches 35 per cent less than low end of valuation Government to place 18 more …
Posted on March 10, 2023

Creditors Look to Sell Evergrande Chairman’s Hong Kong Mansion for HK$800 Million

Located in The Peak, the city’s most prestigious neighborhood, the mansion has 5,171 square feet and sweeping views …

( read original story …)



Posted on March 10, 2023

EQT Angles for More South Korea Deals After Biggest 2023 Acquisition There

Hello, it’s Manuel Baigorri in Hong Kong, where an EQT dealmaker tells me the buyout firm’s first South Korean deal is just the beginning. We also look at what will happen at Silicon Valley’s hometown bank after a VC-led exit helped put it into receivership,
Posted on March 10, 2023

Latest round of Hong Kong consumption vouchers to be disbursed from mid-April, with scheme expected to boost post-Covid economy: Paul Chan

City’s finance minister says it is ‘appropriate’ to give out vouchers since city is still recovering from economic effects of coronavirus pandemic Eligible permanent residents and new arrivals will …
Posted on March 10, 2023

Latest round of Hong Kong consumption vouchers to be disbursed from mid-April, with scheme expected to boost post-Covid economy: Paul Chan

City’s finance minister says it is ‘appropriate’ to give out vouchers since city is still recovering from economic effects of coronavirus pandemic Eligible permanent residents and new arrivals will …
Posted on March 10, 2023

Cathay’s people problem is Hong Kong’s too

HONG KONG, March 10 (Reuters Breakingviews) – Cathay Pacific (0293.HK) may be a high-flying reminder of the Asian finance hub’s pandemic-induced isolation for longer than anyone wants. The bureaucracy …
Posted on March 10, 2023

Cathay’s people problem is Hong Kong’s too

HONG KONG, March 10 (Reuters Breakingviews) – Cathay Pacific (0293.HK) may be a high-flying reminder of the Asian finance hub’s pandemic-induced isolation for longer than anyone wants. The bureaucracy …
Posted on March 10, 2023

Fintech summit: young blood, fresh ideas are key to Hong Kong’s digital finance future, say industry leaders

The future of financial technology in Hong Kong will rely on young blood and new ideas, and the city offers many advantages that will help to nurture the sector, industry leaders told a conference.
Posted on March 10, 2023

Hong Kong property: market remains stuck in doldrums as city’s border reopening is not quite the magic bullet hoped for, JLL report says

Transactions involving buyers from outside Hong Kong were still dramatically lower in January than in pre-pandemic times, JLL’s data shows Interest from Hongkongers looking to buy property in the …

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