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Tag: Hong Kong

Posted on February 21, 2025

New World Expects First-Half Loss on Impairment Charges

New World Development Co., the Hong Kong property developer owned by the billionaire Cheng family, expects to post a net loss from continuing operations in the first half of the fiscal year due to …

( read original story …)



Posted on February 21, 2025

China tech stocks cap best winning run in five years on earnings surprises, fund rotation

Chinese tech stocks listed in Hong Kong advanced on Friday for their best weekly winning streak since 2020, as earnings surprises and optimism about the artificial intelligence sector drew global …
Posted on February 20, 2025

Exclusive: UK lines up new ambassador to help rebuild China ties

Britain has lined up a Mandarin-speaking diplomat whose father was a governor of Hong Kong as the next ambassador to China, according to three sources, and he is expected to take up one of the most …
Posted on February 20, 2025

Will Hong Kong’s property slump force it to raise taxes?

Hong Kong’s economy expanded just 2.5 per cent in 2024, and UBS has forecast 2 per cent growth this year. US President Donald Trump’s additional 10 per cent tariff on Chinese exports — which is set to …

( read original story …)



Posted on February 20, 2025

Hong Kong banks face rising risks amid prolonged property slump, Moody’s warns

Moody’s highlights the potential for higher loan-loss provisions and a tightening of credit lines, particularly for smaller developers Hong Kong banks were likely to be more selective in extending …

( read original story …)



Posted on February 17, 2025

China’s tech rally rests on ‘hot money’

China’s apparent breakthrough in AI and rapprochement with tech giants has sent Hong Kong stocks and internet giants soaring, but the buyers behind it are flighty and brokers say global investors are …
Posted on February 17, 2025

‘Hong Kong deficit woes won’t stop funding of Northern Metropolis with bonds’

Finance chief says city will fund megaproject in New Territories by issuing bonds, citing study showing Hong Kong’s debt level is low.
Posted on February 16, 2025

Hong Kong to press on with Northern Metropolis despite deficit woes: Paul Chan

Finance chief says city will fund megaproject in New Territories by issuing bonds, citing study showing Hong Kong’s debt level is low.
Posted on February 16, 2025

UK Held Hong Kong Finance Talks as Democracy Trials Unfolded

The UK stepped up private discussions to deepen financial services ties with Hong Kong, people familiar with the matter said, even as democracy advocates were being jailed there last year.
Posted on February 16, 2025

CATL files for Hong Kong listing that could raise $5 billion

The long-awaited filing by CATL, as the world’s top electric-vehicle battery maker is known, comes amid a rally in Hong Kong’s stock market.

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