Robert Ng, 72, who took over from his father and group founder—the late Ng Teng Fong—in 1991, is retiring from his positions at Sino Group after building the group’s footprint across the Asia Pacific …
Fintech firms rush to raise equity in Hong Kong to tap crypto frenzy
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) -Fintech companies are rushing to raise equity in Hong Kong to fund expansions in cryptocurrencies, capitalising on investor fervour as the …
Can Hong Kong’s IPO boom plug the hole in the city’s floundering office market?
Massive uptake of office space by financial firms amid an upturn in the city’s IPO fortunes offers a glimmer of hope for the property sector.
Hong Kong property deals cry for China investment
Iconic buildings don’t often change hands. Yet a trio of prime commercial properties in Hong Kong is now up for grabs. Each carries a strong connection to China’s state-backed giants, which could …
US sanctions international suppliers supporting Iran’s Shahed drone manufacturer
The measures target five companies and one individual based in Iran, China, Hong Kong, and Taiwan, allegedly involved in sourcing sensitive technology for the Iranian Aviation Manufacturing Company …
US sanctions international suppliers supporting Iran’s Shahed drone manufacturer
The measures target five companies and one individual based in Iran, China, Hong Kong, and Taiwan, allegedly involved in sourcing sensitive technology for the Iranian Aviation Manufacturing Company …
HSBC profit tumbles as China losses mount
HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese bank and Hong Kong real estate, while the bank pushed ahead with a global …
As Evergrande faces delisting, China property debt revamp drags on
China Evergrande Group looks set to be kicked off the Hong Kong exchange next month after failing to revamp its debt and being pushed into liquidation, with the stubbornly weak Chinese property sector clouding the outlook for debt restructuring by its peers.
McDonald’s Hong Kong property sale draws investor interest
In a statement, the fast-food giant highlighted its ongoing review of its property portfolio, which has led to the decision to offer the Hong Kong sites for sale. McDonald’s reass …
Hongkong Land says office property market is stabilising
By Clare Jim HONG KONG (Reuters) -High-end property developer Hongkong Land said the Hong Kong office market in the Central financial district was showing signs of stabilising and that its portfolio …