The chairperson of Hong Kong’s bourse operator has defended the city’s stock market after a US economist wrote in the Financial Times that the Hong Kong market was “over”. Outgoing chair of Hong Kong …
People’s ‘assets are disappearing’: Midland Realty chairman sounds the alarm as he urges removal of all Hong Kong property cooling measures
Hong Kong should do away with property sector cooling measures altogether as declines in real estate values and the stock market are putting Hongkongers’ assets at risk, says the chairman of Midland …
Exclusive-HSBC to improve ties with Hong Kong unit Hang Seng to mitigate risk, say sources
By Sumeet Chatterjee, Engen Tham and Selena Li HONG KONG/SHANGHAI (Reuters) – HSBC plans to tighten risk management at Hong Kong unit Hang Seng Bank due to worries about a potential rise in bad loans …
Hong Kong luxury rents dropped in fourth quarter but rose slightly in 2023, good for 9th spot on Knight Frank global list
Rents rose 0.9 per cent in 2023, raising Hong Kong from 10th to ninth place in the latest Knight Frank Prime Global Rental Index Singapore sits in fourth place with a 5 per cent annual gain, while …
China Market Update: Pain Trade Is Higher: Hong Kong Rallies As Fund Managers Reduce Exposure
Asian equities rebounded overnight, as Taiwan returned from holiday in good spirits, jumping +3%, led by an analyst upgrade of Taiwan Semiconductor Manufacturing Company (TSMC).
BPAHK Urges HK Govt to Withdraw Spicy Measure in Property Mkt, Reduce Stamp Duty on Stocks
Lo said that the recovery of Hong Kong’s property and stock markets was not as expected. Lo hoped for the withdrawal of spicy measures in the property market and the reduction of stamp duty in the …
Hong Kong court orders Chinese property developer Evergrande to liquidate
A Hong Kong court on Monday ordered the liquidation of property company China Evergrande Group, a move likely to send ripples through China’s crumbling financial markets as policy-makers scramble …
Marketmind: Japan GDP on tap, yen hugs 150.00/$
China is still closed but markets in Hong Kong and most of Asia are up and running after the Lunar New Year break, and the local highlights on Thursday will include fourth quarter GDP figures from …
Year of the Dragon bodes well for Hong Kong’s ailing stock market as rate cuts, improving Chinese economy bring hope, say finance chiefs
Hong Kong stocks posted positive returns in the past four Years of the Dragon,’ says Financial Secretary Paul Chan during a ceremony to mark the first day of trading day of the Lunar New Year. He also …
Timely rule change to help flat buying in Hong Kong’s Greater Bay Area
Relaxing daily cross-border remittance caps will make it easier to purchase homes in the development zone, and thus provide incentive for jobseekers and entrepreneurs to move Hongkongers are often …