By Clare Jim and Kane Wu HONG KONG (Reuters) -As valuations fall and banks pare exposure, some private credit firms are stepping in to invest in large commercial properties and developers in Hong Kong …
India seeks to stop auction of jewels linked to Buddha remains
The Indian government has threatened to take legal action against Sotheby’s in Hong Kong unless they stop an upcoming auction of jewels linked to the Buddha’s remains and requested their return to …
Miss Hong Kong Michelle Reis unveils $129M sea-view villa, one of Hong Kong’s most luxurious homes
Michelle Reis, crowned Miss Chinese International and Miss Hong Kong in 1988, has shared a glimpse of her HK$1 billion (US$129 million) villa in Hong Kong’s Shek O Peninsula, featuring a lush lawn and …
China’s Ant Group plans to list overseas unit in Hong Kong, report says
Ant Group, an affiliate of China’s e-commerce giant Alibaba Group plans to list its overseas arm, Ant International, on the Hong Kong stock exchange, Chinese media reported, citing unnamed sources.
China’s Early Dividend Payouts to Help Ease Yuan’s Price Swings
Chinese companies listed in Hong Kong are bringing forward dividend payments to the second quarter, a move that may smooth out yuan volatility over the year.
Meitu founder buys Hong Kong’s Ginza-style building for US$84 million
Mike Cai Wensheng, the co-founder and chairman of Chinese selfie app Meitu, bought a 53,000 square foot commercial building in Hong Kong for HK$650 million (US$84 million), with plans to turn the …
Hong Kong Property Investors Take a Wait-and-See Approach Due to U.S. Tariffs
The looming threat of President Trump’s China tariffs in the first quarter of 2025, coupled with Hong Kong’s strong economic ties to China, contributed to a decline in commercial rents and capital val …
US blacklist on China is riddled with errors, outdated details
Doris Au, a seller of door locks and hardware in Hong Kong for 25 years, received a letter from her bank, DBS Group, last June stating that her business account would be closed. The bank gave little explanation but subsequently froze the account,
China’s Ant Group forays into brokerage business with $362 million Bright Smart buy
China’s Ant Group is buying a controlling stake in Hong Kong-based brokerage Bright Smart Securities & Commodities Group for about $362 million, marking the fintech firm’s first acquisition of a …
Property stocks rise: Hongkong Land pops on $1.1b asset sale; CDL up despite board tensions
Hongkong Land will be selling part of its landmark 50-storey One Exchange Square in Hong Kong. Read more at straitstimes.com. Read more at straitstimes.com.