Frances Gagua

Lower rates not enough to halt Hong Kong’s slowing economic growth: Natixis

Ongoing property woes a growing issue for its largest source of tax income.

Grade A building prices to fall 10% in 2024: Savills HK

High interest rates are deterring investors.

Cullinan Harbour unit sells for $120m: report

Price per saleable square feet is $55,276.

Hong Kong is 3rd top source of cross-border property investments

Hong Kong firms directed US$4.9b in capital to Chinese real estate properties.

Hong Kong property transactions down 3.7% in February: report

But value rose more than threefold, partly thanks to a sale of a shopping mall.

New malls to boost MTR Corp’s revenue in 2024

Transpo operations are also expected to make stronger earnings contributions this year.

UOB’s Christine Ip reflects on 3-decade banking career and circling back to the arts

Ip believes that finance and creativity go hand-in-hand in building a holistic pool of talents in UOB.

Mox Bank, CMB Wing Lung Bank warns of fake websites

Both banks have reported the incidences to the Hong Kong Monetary Authority.

BOCHK warns against fraudulent website

The bank denied any connection to the site and has reported it to authorities.

UOB, ANZ, StanChart HK provide $14.4b green loan to a Gaw Capital consortium

The funds will refinance over a dozen shopping centres and malls.

Hang Seng Bank expresses support of budget measures for SME, financial market

Amongst initiatives were the advancement of digital finance and support for SMEs.

Rollback of property cooling measures to spur sales, but no silver bullet to recovery

Analysts estimate up to a 15% sales increase, although prices may still fall in 2024.

StashAway launches wealth management offering for Hong Kong’s HNWs

HNW clients make up 65% of StashAway’s AUM in the city.

ZA Bank officially unveils US stock trading service in Hong Kong

The bank charges a trading commission of US$0.012 per share.