Hong Kong
Gaw Capital joins $15b buyout of Cityplaza Three and Four
Gaw Capital joins $15b buyout of Cityplaza Three and Four
It will reportedly join Henglilong Investments as buyer.
Hong Kong $33.7b border project pushed back to 2019 as troubled contractor flounders
Leighton has been suspended over construction issues in a separate project.
Government rejects all five tender for Peak residential site
The tendered premiums fell below reserve prices.
19 land transactions registered in Q3
The deals had a total land premium of $1.6b.
SFC laments underperforming bank IPO sponsors
It is enhancing sponsor standards in order to reclaim the global IPO crown.
45-year-old Excelsior Hotel soon to be an office building
The redevelopment will cost Mandarin Oriental about $5.09b in a span of six years.
7 in 10 elderly lament Hong Kong's insufficient product range
Insurance and travel were amongst the industries with poor satisfaction rates.
University of Hong Kong injects $10m into Hangzhou space lab
It also aims to launch a micro-satellite on a Chinese rocket in 2019.
New taxi and public light bus ID plates rolled out
They’re valid for ten years.
15 pre-sale consents issued in Q3
Residential developments dominated quarterly figures.
Struggling TV station TVB cuts another 150 jobs in restructuring drive
It is trying to plug losses from its international business.
Hong Kong inks meteorological pact to strengthen disaster preparedness
It will collaborate with the World Meteorological Organisation.
PMI drops to 47.9 in September as trade tensions bite hard
New business to China dropped sharply.
Retail sales hit $38.2b in August but fail to sustain double-digit growth
This marks the second month of single-digit expansion.
Property sales crash 28% in September
There were only 4,799 deals in September.
Robo-advisory platform Quantifeed raises US$10m in series B round
The proceeds will be used to fuel its expansion plans.
Digital bank Neat scores US$2m from Dymon Asia and Portag3 Ventures
The proceeds will be used to boost onboarding and hiring processes.
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