China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
How Beijing Took Control of Hong Kong’s Financial Hub—and Left the West Behind
The world’s pre-eminent East-meets-West investment hub has become more Chinese as international financial institutions, corporations, and expatriates retreat …
Lui Che-woo, Hong Kong property and casino magnate of K. Wah and Galaxy, dies at age 95
Lui Che-woo (pic), who rose from humble beginnings to become one of Asia’s biggest casino magnates, with a portfolio of hotels, resorts and property in Hong Kong and Macau, has died. He was 95.
Hong Kong residential property prices to rebound next year, though unsold inventory looms
Residential property prices in Hong Kong are set to rebound next year thanks in large part to lower interest rates, though a large cache of unsold inventory will keep a cap on gains.
BNP lays off a dozen China dealmakers amid fee plunge
France’s BNP Paribas has cut a dozen jobs in mainland China and Hong Kong, a source with knowledge of the matter told Reuters, the latest among global banks to trim headcount amid a slowdown in …
What could Trump’s return, and his tariffs, actually mean for China?
this may turn out to be better for China,” Chen Zhiwu, the top finance professor at the University of Hong Kong and a former professor at Yale University, told CBS News. Chen said if Trump does follow …
What could Trump’s return, and his tariffs, actually mean for China?
this may turn out to be better for China,” Chen Zhiwu, the top finance professor at the University of Hong Kong and a former professor at Yale University, told CBS News. Chen said if Trump does follow …
China’s watching the US election – but doesn’t see much hope for better ties
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — The winner of the US …
China property developer Jiayuan to be delisted on Oct 29
Chinese property developer Jiayuan International said the Hong Kong stock exchange has decided its shares will be delisted on Oct. 29 after the company did not meet guidelines for the shares to resume …
HK IPO Swells China Software Tycoon’s Fortune to Near $1 Billion
Shares of his company Horizon Robotics Inc., which debuted in Hong Kong on Thursday, rose more than 30% in early trading, lifting the machine learning expert’s fortune to as much as $1.2 billion, …