Markets & Investing
InvestHK aids 322 firms in expansion to Hong Kong
InvestHK aids 322 firms in expansion to Hong Kong
This brought $38.3b into Hong Kong’s local economy.
Hong Kong-Armenia tax treaty to ease investor tax assessment
The pact will also expand Hong Kong's tax treaty network.
Valuetronics invests $7.7m in AI JV with SinnetCloud HK
Valuetronics will hold 55% interest in the JV.
Hong Kong ranks second most expensive city for high-net-worth individuals
It ranks behind Singapore.
SetupHK launches $1 Company Setup Programme to attract startups
The programme offers licenses and permits assistance, amongst others.
7 in 10 SMEs foresee growth of 4% or more in next 12 months
Scale expansion and launch of new products and services were seen as the main growth drivers.
6 in 10 businesses expect improved performance in 2024
Optimistic firms want to focus digitalisation efforts this year.
Shangri-La's debut panda bond subscribed 4.09 times
It bore a coupon rate of 2.5%.
Hong Kong retains top APAC spot for ease of doing business
The city's simple and low tax system attracts investors.
New funding round for professional organisations starts June 1
The government allocated $200m to subsidise non-profit industry projects.
iFast launches $300m debt programme
OCBC will act as the programme’s sole arranger and dealer.
Singapore assets boost Link REIT FY24 NPI by 9.5% YoY
Despite improved NPI, the REIT’s full-year DPU fell to HK$2.6265 (S$0.45).
Generative AI tops investment choices for Hong Kong family offices
Over 75% of family offices in the city plan to invest in Gen AI.
Privatisation deals drive M&A activity in Hong Kong
L’Occitane and China Traditional Chinese Medicine Holdings are among the companies delisting from HKEX.
EQT’s mid-market growth fund closes at $1.6b
This exceeds the original target size of $750m.
Gov’t urges French firms to enter GBA market through Hong Kong
One of the country's advantages is its ties with Mainland China.
PwC releases report on eHKD implementation for low balance retail investors
It explores the potential impact of a hypothetical digital currency, e-HKD, on financial transactions.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong