Ackman has better timing than Bass. Hong Kong’s fortunes are tied to the mainland, where the central bank is cutting rates to stem the fallout from Covid-19 lockdowns and crashing property and exports …
Fashion tycoon who dreamed of building China’s LVMH set to lose prime Hong Kong property worth US$64 million: sources
A receiver has appointed Savills to sell the entire 23rd floor of Bank of America Tower in Central and three parking spaces The property was bought in 2018 by a company controlled by Qiu Yafu and …
Citibank expects Hong Kong property prices to fall another 10 per cent, bottom out in second quarter of 2023
Hong Kong property prices are expected to bottom out in the second quarter of next year at the earliest, following an estimated drop of 20 per cent from a record high posted in 2021, Citibank said on …
Vietnam-Hong Kong target boosting bilateral trade to $50 billion
Vietnam and Hong Kong are set the target to hike the bilateral trade turnover to $50 billion in the next five years.
China and Hong Kong’s Bilateral Trade and Investment Outlook with Qatar
As the FIFA 2022 World Cup kicks off in Qatar, we discuss the bilateral trade and investment relations with China and Hong Kong, including investments in World Cup infrastructure.
Thailand’s largest cryptocurrency exchange aims to list in Hong Kong when everything ‘goes back to normal’ as FTX collapse shakes confidence in industry
Thailand’s largest cryptocurrency exchange is eyeing Hong … a big part in his consideration for choosing Hong Kong over New York, as well as the Asian financial hub’s sound rule of law and high …
Asian stocks mixed after Wall St slide, China virus fears
Asian stock markets were mixed Tuesday after Wall Street sank and Chinese anti-virus controls fueled concern about an economic slowdown. Shanghai and Tokyo advanced while Hong Kong declined. Oil prices gained.
Cathay Pacific set to boost flights to Bangkok, holiday destinations in Thailand
Cathay Pacific Airways will boost the number of flights to Thailand’s capital and the country’s holiday destinations, as the airline aims to play a bigger role in Hong Kong’s bid to seek closer ties …
Hong Kong property deals almost doubled in Q3
Transaction volumes grew 93% to USD4.4 billion during the quarter. Transaction volumes increased by 93% QOQ in Hong Kong in Q3, despite the US Federal Reserve’s sharp rate hikes prompting investors to …
Street level shops, offices and industrial property bear the brunt of Hong Kong’s stuttering economy
Midland IC&I slashes forecast for industrial property, office and shop transactions by 15 per cent to about 4,700 this year, the lowest since 2020 A street level shop in Wan Chai sold recently for …