Markets & Investing
Swire Properties will buy back shares worth $6b from the open market
It will commence its buyback programme on 6 December.
ESR applies to list logistics REIT on the Shanghai Stock Exchange
The REIT will handle three projects in Kunshan, Jiangsu Province.
HKEX mulls launch of China Treasury Bond Futures
The plan is still subject to regulatory approval.
Mainland’s clampdown on IPOs likely to boost listings in Hong Kong
Amongst Chinese companies to be slated in the Hong Kong Stock Exchange is Alibaba’s logistics arm.
Hong Kong lowers stamp duty on stock transfers to 0.1%
The government expects the reduction to improve market sentiment.
HKEX cuts paper use, document requirements in revamped listing regime
Despite eliminating signatures, the streamlined listing process imposes new legal advice requirements for accountability and integrity in submissions...
What you need to know about HK’s bill on tax certainty enhancement
The bill was gazetted on 20 October.
HK’s deal volume drops 22.5% YoY in January-October 2023 period
The decline in deals was also observed across multiple APAC markets.
Commercial property investment volume rises 44% YoY to US$1b in 3Q23
Year-to-date, however, volume fell by 7% YoY to US$5b.
Hong Kong cap rates increase in Q3
The gross yield of commercial properties in Hong Kong ranges from 2.85%-4.60%.
7 in 10 GBA firms mull adopting more green products and services: study
About 70% consider using more green products and services over the next 2 years.
Deal volume in HK drops 20.7% YoY in the first three quarters of 2023
In APAC, activity fell 20.6% YoY to 10,761 deals.
Government’s retail green bond receives over 300,000 valid applications
It also attracted a subscription amount of $30b.
Rich Hongkongers invest for extra income and future personal healthcare: report
Affluent Hong Kong residents also invest through discretionary portfolio management.
GBA Wealth Management Connect scheme upgraded
The Wealth Management Connect will be enhanced in five directions.
HK lands 4th in world's leading global capital markets ranking
The market's cross-border capital investments reached US$6.5b in 1H23.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong