Asset managers look to sell Hong Kong buildings as higher rates bite

Hong Kong to sell only 1 parcel of land this quarter in blow to revenue target

The Hong Kong government will tender only a single parcel of land in the current quarter, as sales have been scaled down because of poor response and...

#poorresponse #konggovernment #parcel

2023-10-04 11:52:14 • 1 min

Hong Kong stocks approach 11-month low on rate concerns while Evergrande slips

The citys stock market gets jittery amid concerns about higher interest rates and a surge in US Treasury yields. The rally in troubled Chinese developer...

#evergrande #fizzle #hong

2023-10-04 02:44:23 • 1 min

How Hong Kong, mainland firms can tap transitional green finance

Companies in Hong Kong and mainland China, especially those whose operations are difficult to decarbonise, should tap financing tools such as...

#bond #business #financingtools

2023-10-04 10:31:53 • 1 min

30 companies set to invest US$3.8 billion in Hong Kong: Financial Secretary

The 30 companies in strategic areas are set to create about 10,000 jobs in the city, Financial Secretary Paul Chan said on Wednesday.

#paulchan #strategicareas

2023-10-04 07:23:31 • 1 min

Hong Kong shares drop 3%, dragged down by real estate and energy

Key Points Hong Kong's Hang Seng Index dropped more than 3% Tuesday, dragged by its real estate and energy sector. The benchmark index's loss of over 500...

#realestate #security #chemicalcorp

CNBC

2023-10-03 04:12:06 • 1 min

Hong Kong Bourse Poised To Halt Losing Streak

(RTTNews) - The Hong Kong stock market has finished lower in two straight sessions, retreating more than 610 points or 3.4 percent along the way. The Hang...

#hong #economy #technology

Nasdaq

2023-10-05 01:00:13 • 2 mins

Whats happening with Chinas property slowdown, and are there systemic risks?

As China takes more steps to deleverage and cool down its property market, the protracted slump is having an effect on overall economic growth projections...

#realestate #moresteps #beingcut

2023-10-05 01:00:19 • 1 min

Chinas property crisis also hitting Southeast Asia, regional body says

The slowdown in the property market is likely to blunt Chinas economic growth, but will also flow downstream to surrounding countries, an Asean economic...

#surroundingcountries #propertymarket #asean

2023-10-04 12:00:10 • 1 min

After 99% slump from peak, Hong Kongs small-cap stocks bid to stay relevant

A bet on a basket of GEM-listed index members in January 2001 would have inflicted a near-total loss on investors. The market for small-cap stocks is a...

#stock #market #oneexecutive

2023-10-04 23:30:09 • 1 min

A listed Hong Kong pawn shop eyes lending opportunities amid a poor economy

Pawn shops may have almost been pushed into oblivion in Hong Kong with the advent of convenient financial tools such as credit cards and emergence of online...

#pawn #onlinebanks #financialtools

2023-10-03 22:00:14 • 1 min

Hong Kong Bourse May Take Further Damage On Wednesday

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in...

#hong #dow #nasdaq

RTTNews

2023-10-04 01:00:02 • 2 mins

Asian Shares Retreat On Fed Rate Uncertainty

(RTTNews) - Asian stocks succumbed to selling pressure on Wednesday as signs of a strong U.S. job market added to fears that high interest rates could weigh...

#inflation #dow #opinion

Nasdaq

2023-10-04 08:40:01 • 1 min

Hong Kongs MPF poised for unprecedented third year of losses

Hong Kongs Mandatory Provident Fund is poised to report an unprecedented third year of losses after suffering a huge investment loss of HK$30.8 billion...

#hong #kongs #thirdyear

Stock Market Today: Asian Shares Are Sharply Lower, Tracking a Rates-Driven Tumble on Wall Street

2023-10-05 01:15:08 • 1 min

Politics

BANGKOK (AP) Asian markets were sharply lower on Wednesday after Wall Street tumbled as it focused on the downside of a surprisingly strong job market : the...

#wallstreet #index #dow

U.S. News & World Report

2023-10-04 06:58:26 • 2 mins

Politics

Stock Market Today: Asian Markets Sink, With Hong Kong Down Almost 3% on Selling of Property Stocks

BANGKOK (AP) Asian markets declined Tuesday following a mixed session on Wall Street, where buying was pressured by rising bond yields. U.S. futures fell and...

#hong #index #dow

U.S. News & World Report

2023-10-03 05:57:44 • 1 min

SM Group bullish on non-core business portfolio

MANILA -The Sy family’s SM Investments Corp is counting on its non-core businesses, such as those in the energy and logistics sectors, to drive faster growth...

#investmentscorp #logisticssectors #corebanking

Inquirer.net

2023-10-04 10:24:59 • 1 min

Marketmind: Bond beating takes a breather

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022 A...

#index #reliefbounce #japandata

Channel NewsAsia

2023-10-04 21:48:20 • 1 min

Hong Kong hopes new digital platform will help IPO market rebound

Hong Kong authorities and bankers are betting a new digital platform will boost investor confidence through a shortened settlement cycle for initial public...

#ipo #settlementcycle #kongauthorities

2023-10-04 00:30:08 • 1 min

Asian Shares Retreat On Fed Rate Uncertainty

Asian stocks succumbed to selling pressure on Wednesday as signs of a strong U.S. job market added to fears that high interest rates could weigh on global...

#inflation #dow #sharesretreat

RTTNews

2023-10-04 08:40:01 • 1 min