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Tag: Hong Kong

Posted on February 24, 2025

Show me the money: unveiling Hong Kong’s 10 biggest spenders in government

As finance chief urges tightening of purse strings ahead of next budget, the Post looks at which government agencies have the highest bill As Hong Kong grapples with an estimated budget deficit of …
Posted on February 24, 2025

HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says

HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia-focused lender to cut …
Posted on February 24, 2025

HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says

HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia-focused lender to cut …
Posted on February 22, 2025

Kerry’s Hava flats sell out as stock rally lifts the mood in Hong Kong’s property market

All 250 units of Hava project, on offer at an average price of HK$10,658 per square foot, were sold out as of 4.30pm.

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Posted on February 22, 2025

From India’s Ambani Family to Hong Kong’s Kwok Family: Meet 5 richest families of Asia with Rs 20.5 lakh crore fortune

Five of Asia’s richest families, including Ambani and Mistry, control major businesses in real estate, retail, tech, and energy.
Posted on February 21, 2025

China Market Update: Alibaba Goes Ballistic, Finance Minister Talks Consumption, Week In Review

Asian equities ended a positive week on a high note, led by Hong Kong and Mainland China-listed growth stocks following Alibaba’s financial results, which were reported after the close in Hong Kong …
Posted on February 21, 2025

Hong Kong homes lost US$61.7 billion of value after removal of curbs: Centaline

Total value of residential properties in Hong Kong stood at HK$8.99 trillion (US$1.15 trillion) in January compared with HK$9.5 trillion before the easing The removal of property curbs a year ago has …

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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 …

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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 …

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