Hong Kongs uber-rich population shrinks 23% as New York, Singapore close gap

2023-09-06 12:00:10 • 1 min

Hong Kong remains ahead of New York City as the top city for the ultra-rich globally, but the gap between the two cities now stands at 770 individuals, according to wealth data compiler Altrata.

#gap #yorkcity #Wealth

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Business / Finance

Dont write off Hong Kong and mainland China despite headwinds, analysts say

Hong Kong and mainland China might be facing headwinds currently, but investors should not write them off as investment opportunities still abound, analysts...

#mainlandchina #facingheadwinds #InvestmentOpportunities

South China Morning Post

2023-09-27 12:30:17 • 1 min

Business / Finance

Hong Kong stocks retreat after US Treasury yields hit multi-year highs

Hong Kong stocks dropped, with the benchmark hovering around a 10-month low, as surging oil prices and US Treasury yields dimmed the global growth outlook...

#hong #kongstocks #TreasuryYields

South China Morning Post

2023-09-28 02:31:22 • 1 min

Economy

More South Korean firms pick Japan over China for the first time since 1980s

Southeast Asia is also a hot destination for South Korean investors, and analysts say the trend is obvious: Korean companies in China are withdrawing capital...

#koreancompanies #south #SoutheastAsia

South China Morning Post

2023-09-27 22:00:13 • 1 min

Business / Finance

Hong Kong ranks ninth globally for IPOs as fundraising hits 20-year low

A total of 42 companies raised US$3.13 billion in the first nine months, a 65% year on year drop in fundraising and the lowest since 2003, Refinitiv says....

#fundraise #hong #ipo

South China Morning Post

2023-09-28 10:00:19 • 1 min

Business / Finance

Overseas family offices eye Hong Kong thanks to new incentives, forum hears

Government efforts to attract billionaires to set up family offices in Hong Kong have already caught the attention of wealthy individuals from mainland...

#wealthyindividuals #governmentefforts #forum

South China Morning Post

2023-09-27 09:29:41 • 1 min

Business / Finance

New York remains top financial centre, London clings to second place - survey

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

#index #economy #fintech

Channel NewsAsia

2023-09-28 07:22:32 • 1 min

Business / Finance

Global investors give Hong Kong property a miss in first half: Colliers report

Hong Kong was the worlds fourth-largest source of global property capital in the first half, according to Colliers, but it was not among the top 10 markets...

#investment #collier #10markets

South China Morning Post

2023-09-25 10:28:16 • 1 min

Politics

Stock Market Today: Asian Shares Fall Over China Worries, Seoul Trading Closed for a Holiday

TOKYO (AP) Asian shares were mostly lower Thursday in subdued trading on looming worries about China property woes. Trading in shares of heavily indebted...

#police #development #dow

U.S. News & World Report

2023-09-28 08:01:57 • 1 min

Business / Finance

Jaspreet Singh Reveals the Real Difference Between a Poor, Middle Class, and Rich Person

If you were to look at how Americans spend their money, you would likely see that most individuals, across all income levels, spend a big chunk of their...

#jaspreetsingh #realdifference #budget

Nasdaq

2023-09-27 16:23:09 • 1 min

Business / Finance

London offices in 'rental recession' thanks to remote working boom, analysts warn

Londons office market is in a rental recession with empty space across the capitals traditional business districts at a 30-year-high, according to a report....

#londonoffices #facebook #option

Daily Mail

2023-09-28 09:19:51 • 1 min

Politics

The 15 Countries Most Populated by Migrants

Migrants account for a majority of the population in several Middle Eastern nations and significant shares of residents in places around the world.

#significantshares #migrant #15countries

U.S. News & World Report

2023-09-27 14:50:15 • 1 min

Business / Finance

Opinion: Despite decoupling talk, Chinese businesses are flourishing in the US

A growing number of Chinese firms and Chinese-run businesses have found the secret sauce to success in the US: keeping low, localising operations and cutting...

#secretsauce #chinesefirms #opinion

South China Morning Post

2023-09-27 12:30:12 • 1 min

Business / Finance

Rental recession: London office vacancies hit 30-year high

Key Points Jeffries analysts forecast a 20% contraction in London office usage as working from home and hybrid working, as well as a move toward green...

#estate #bloomberg #reuters

CNBC

2023-09-27 12:19:47 • 1 min

Business / Finance

Scrapping Hong Kong property curbs insufficient to fix ailing sector: analysts

An improved economy, a better jobs outlook and a turnaround in stock market performance are also needed to boost homebuying confidence and sentiment in the...

#economy #stock #hong

South China Morning Post

2023-09-28 12:00:22 • 1 min

Politics

Migrants are driving a population surge and Alberta is the fastest growing province: StatsCan

The surge in international migration is driving Canada's population growth rate to heights not seen in almost 70 years, and Alberta is now growing faster...

#babyboom #populationestimates #Alberta

CBC

2023-09-27 15:57:04 • 2 mins

Business / Finance

Asian shares fall over China worries

TOKYO — Asian shares were mostly lower Thursday in subdued trading on looming worries about China property woes. Trading in shares of heavily indebted...

#chinaworries #police #development

Inquirer.net

2023-09-28 08:46:32 • 1 min

Business / Finance

HKEX creates short cut for secondary listings by likes of Aramco with Saudi tie-up

Saudi Arabian companies such as oil giant Saudi Aramco can apply for secondary listings in Hong Kong after bourse operator Hong Kong Exchanges and Clearing...

#secondarylistings #oil #kongexchanges

South China Morning Post

2023-09-28 11:35:21 • 1 min

Economy

Singapore is now the world's freest economy, displacing Hong Kong after 53 years

Key Points Singapore has dethroned Hong Kong to become the world's freest economy, according to a report released by Canadian think tank Fraser Institute....

#economy #market #business

CNBC

2023-09-22 00:38:44 • 1 min

Business / Finance

Hong Kong house prices pressured by high mortgage rates, unsold stocks

Hong Kongs lived-in home prices declined for a fourth straight month in August, and the easing trend is seen continuing for the rest of the year given the...

#hong #stock #kongs

South China Morning Post

2023-09-27 05:33:24 • 1 min

Business / Finance

Chinese tycoons seized Hong Kong flat sells for 39% below market price

A 5,154 sq ft flat in Opus Hong Kong, seized from Chen Hongtian earlier this year, has sold for US$53 million to Kwai Sze Hoi, chairman of Hong Kong-listed...

#development #sqft #opus

South China Morning Post

2023-09-27 23:00:18 • 1 min

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