Some of Hong Kong’s richest families are selling their personal residences to manage rising debts as the city’s prolonged property downturn persists.
As Hong Kong office rents plummet, landlords upgrade with video walls to lure tenants
Hing Wai spent HK$24 million (US$3.1 million) on a three-dimensional LED video wall installed on the building’s facade. The move generated annual advertising revenue of HK$26 million, which is about …
Capital from Hong Kong, mainland China sets sights on Dubai, Abu Dhabi property
Inquiries from Chinese buyers surge and Hong Kong’s Gaw Capital and Black Spade Capital make investments The property market in the Middle East, particularly in the United Arab Emirates (UAE) cities …
Kazakhstan Strengthens Business Ties with Korea and Hong Kong Through AIFC Connect
The Astana International Financial Centre (AIFC) held AIFC Connect events in Seoul on May 21 and Hong Kong on May 22 to deepen investment and business ties with local markets. The events showcased …
SMIC is Philippines best in corporate governance
A Hong Kong-based finance magazine has recognized SM Investments Corp. as the best Philippine company for corporate governance, as investors showed their trust and confidence in the parent of the SM …
SMIC is Philippines best in corporate governance
A Hong Kong-based finance magazine has recognized SM Investments Corp. as the best Philippine company for corporate governance, as investors showed their trust and confidence in the parent of the SM …
Hong Kong property tycoon fetches HK$72.9 mil in wine auction
Joseph Lau, the former chairman of Hong Kong real estate firm Chinese Estates Holdings, is a well-known collector. The sale offered more than 200 lots of wine.
Indonesia on alert as Covid-19 surges across Asia
Thailand, Singapore and Hong Kong recorded in the past few weeks massive upticks in Covid-19 transmissions. Read more at straitstimes.com. Read more at straitstimes.com.
New World drags Hong Kong banks into a loan tango
The developer wants to refinance $11 bln of loans but CEO Echo Huang has yet to reverse a 4-year revenue slump. Lenders including HSBC must weigh up the money-losing borrower’s problems against the …
News in Easy English: Disaster manga causes Hong Kong visitors to worry about Japan trips
Many people from Hong Kong now feel afraid of visiting Japan. This worry comes from an old manga book made in 1999. Some people think the man …