Cases of negative equity in Hong Kong’s residential mortgage loans jumped nearly 22-fold in the fourth quarter from the previous one, the city’s de facto central bank said, as home prices continued to …
Property agents share tips for expats on how to get the best rental deals in Hong Kong’s property market
Expats should be open-minded and willing to compromise, say agents, with property typically smaller than in other markets.
Golf Course or Housing? A Patch of Green Divides Hong Kong
The dispute over one of the city’s golf clubs exposes rare political friction for the elite in the new Hong Kong, where the establishment is torn between defending wealth and following Beijing’s …
Sotheby’s to Auction Hong Kong Property Tycoon Joseph Lau’s Rare Hermès Bags
The first batch of 77 rare bags, which Lau acquired over the past two decades, is valued at 16.3 million Hong Kong dollars, or $2 million. Part of the sale proceeds will go to charity, Sotheby’s …
China property crisis: Kaisa aims to resume shares trading in March after publishing delayed audit
The developer said its Hong Kong-listed shares could resume trading after almost a year of suspension prompted by its failure to publish 2021 accounts Kaisa has said it is working on a restructuring …
Asian Financial Forum ushers cooperation between Hong Kong investors and Philippine startups, businesses
Hong Kong’s Asian Financial Forum (AFF) concluded with a positive outlook, heralding more business opportunities and investments for Southeast Asian markets, the Philippines included.
How HSBC Life and Manulife turned Macau into a springboard for insurance sales during Covid lockdowns
Go where the customers are. Insurers relied on the mantra over the past two years to reach big-spending mainland clients in Macau as travel curbs starved Hong Kong of its economic lifeblood.
Hong Kong’s finance chief Paul Chan must consider every option in any further relief scheme
Consumption vouchers have provided a much-needed boost to consumers and retailers but their impact may be waning, giving Hong Kong’s finance minister reason to think again Consumption vouchers are …
Recent Developments on Hong Kong Virtual Assets Regulations
On 31 October 2022, alongside the commencement of the Hong Kong FinTech Week, the Hong Kong government announced its renewed ambition to make Hong Kong a digital assets hub with the Financial Services …
Heads of int’l banks, business elites and SCMP chief join gov’t task force to promote Hong Kong reopening
Hong Kong Free Press. Banking chiefs, tycoons, entrepreneurs and the South China Morning Post’s editor-in-chief have joined a government task force to promote Hong Kong after …