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Tag: Hong Kong

Posted on March 14, 2023

SVB collapse: Hong Kong property market, economy could benefit from expected pause in US interest rate increases

Five out of eight analysts in Hong Kong polled by the Post say they expect Fed to not raise interest rates on March 22 No rate rises will benefit Hong Kong’s property market and overall economy, ANZ …

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Posted on March 14, 2023

‘Brighter days ahead’ for Hong Kong, China’s new premier Li Qiang says

China’s new premier Li Qiang has said Hong Kong is poised for“brighter days ahead” thanks to Beijing’s support, with challenges faced by the city over the past years only “temporary.” Li was speaking …
Posted on March 14, 2023

‘Brighter days ahead’ for Hong Kong, China’s new premier Li Qiang says

China’s new premier Li Qiang has said Hong Kong is poised for“brighter days ahead” thanks to Beijing’s support, with challenges faced by the city over the past years only “temporary.” Li was speaking …
Posted on March 14, 2023

HAF Drama: ‘Marriage Drive’ Examining Ten Years of Romance in Hong Kong

We need more love stories, even if they have their ups and downs,” says Hong Kong-based producer Cora Yim, who is behind the Hong Kong – Asia Film Financing Forum (HAF) in-development …
Posted on March 13, 2023

Old Hong Kong Values Championed by New Talent in ‘The Remnant,’ HAF Work-in-Progress

Work-in-progress film project “The Remnant” is both a spotlight on those who feel powerless and also a very Hong Kong example of elements of the city pulling themselves up. “The Remnant” is one of …

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Posted on March 13, 2023

Hong Kong’s house prices plummeting

Hong Kong’s residential property prices have skyrocketed by 165% (inflation-adjusted). In contrast, real incomes have virtually stagnated in Hong Kong for years. However, due to the combined impact of …

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Posted on March 13, 2023

How a dictator’s daughter built £200m property empire

A dictator’s daughter who moonlighted as a pop star and diplomat spent $240m (£200m) on properties from London to Hong Kong, a report has found. Gulnara Karimova used UK companies to buy homes and a …

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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 …

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