News
HKEX makes $285.86b unsolicited bid for the London Stock Exchange
HKEX makes $285.86b unsolicited bid for the London Stock Exchange
However, the proposal requires the London bourse to terminate its acquisition of Refinitiv.
Sun Hung Kai sells homes 20% lower as protests persist
The price is close to those set two years ago for the same development.
Icon Group acquires Hong Kong oncology clinic SunTech Medical
It is keen to make inroads into the ageing city.
Hong Kong economy may post 0% growth in 2019
However, GDP growth may recover 1.2% by 2020.
Expats eye retreat from Hong Kong amidst unrest
Applications for general employment visas dropped 7% in August.
Tourist arrivals plunge 40% in August in sharpest decline since SARS crisis
The social unrest which blocked airport and roads spooked tourists.
Sales of watches expected to steady or grow in 2020
Smart and automatic watches are viewed as the most popular categories.
HKEX inks sign fintech MOU with Ping An
The deal aims to build Hong Kong’s capital market ecosystems.
Total port cargo rose 4.8% to 69.3 million tonnes in Q2
Tonnage of outward port cargo to Macao skyrocketed 79.2%.
Kowloon properties up for auction with $2.14b reserve price
Total site area is at 19,725 sqft.
HKMC unit launches relief measure for SME borrowers
Only interest payments have to be made during the moratorium.
Hong Kong heads towards recession as August PMI sinks to 11-year low
Cutbacks in purchasing activity was the worst recorded since July 1998.
New residential launches halved in July-August
Billion Development’s The Aurora's sold-out units are Tsuen Wan's cheapest in a decade.
Tourist arrivals down 4.8% to 5.2 million in July
Arrivals from China dropped 5.5% in the same month.
Property sales down for third straight month in August
Sales plummeted 30.4%, a $18.05b loss compared to a year earlier.
Hong Kong holds back capital outflows for now: Natixis
The HSI volatility index has shot up slightly above the VIX index, which reflects the global environment.
Tuen Mun site sold for $244.19m
It is designated for private residential purposes.
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