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Tag: Hong Kong

Posted on December 27, 2024

Hong Kong IPOs raise HK$83 billion this year, expected to return to fourth place globally

VCG. A total of 66 new stocks had been listed in Hong Kong by mid-to-late December, raising over HK$83 billion ($10.69 billion). The total financin …
Posted on December 27, 2024

Hong Kong IPOs raise HK$83 billion this year, expected to return to fourth place globally

VCG. A total of 66 new stocks had been listed in Hong Kong by mid-to-late December, raising over HK$83 billion ($10.69 billion). The total financin …
Posted on December 26, 2024

Will Hong Kong celebrities like Chow Yun-fat find buyers for their luxury homes in 2025?

Luxury property prices to rise as much as 5 per cent next year, with rents also set to increase by the same level, Ricacorp’s Derek Chan says.

( read original story …)



Posted on December 26, 2024

BOC Life, HSBC, Manulife aim for bigger share of Hong Kong’s ‘silver-hair’ economy

Residents older than 65 years made up about 22 per cent of Hong Kong’s population of 7.5 million people in 2023, according to government data.
Posted on December 26, 2024

BOC Life, HSBC, Manulife aim for bigger share of Hong Kong’s ‘silver-hair’ economy

Residents older than 65 years made up about 22 per cent of Hong Kong’s population of 7.5 million people in 2023, according to government data.
Posted on December 24, 2024

Shimao Cuts Asking Price for Hong Kong’s Second-Largest Hotel

Defaulted Chinese developer Shimao Group Holdings Ltd. has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s airport by a quarter, according to a person familiar with the …

( read original story …)



Posted on December 24, 2024

Shimao slashes Hong Kong Sheraton hotel price by 25% to speed up restructuring

Mainland Chinese developer is asking HK$4.5 billion (US$579 million) for the asset, down from HK$6 billion in March 2023, according to a source.

( read original story …)



Posted on December 24, 2024

Singapore Pulls Ahead of Hong Kong in Race to Be Crypto Hub

Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.
Posted on December 23, 2024

Ex-Citigroup stock trader wins unfair dismissal case in Hong Kong

An Asia equity sales trader who was fired from Citigroup in 2019 won an employment suit against the US bank, Hong Kong’s Labour Tribunal ruled on Monday. Citigroup failed to justify its “summary …
Posted on December 22, 2024

Xi’s vision for Macau, Hong Kong boon to confidence amid geopolitics: Paul Chan

Hong Kong’s finance chief says Chinese president’s speech at inauguration of new Macau administration sums up ‘one country, two systems’.

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