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27.06.26 - 02:06
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Growth agenda: Hong Kong vows stronger exchange with reforms, bond futures and gold push (SCMP)
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Hong Kong is pressing ahead with an overhaul of listing rules and the launch of new product initiatives, the city's deputy finance chief said on Friday as the bourse operator marked 26 years as a publicly traded company.
Speaking at the anniversary ceremony of Hong Kong Exchanges and Clearing (HKEX), Deputy Financial Secretary Michael Wong Wai-lun outlined reforms under review, including optimising weighted voting rights, easing secondary listings by overseas issuers, and expanding flexibility......
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19.06.26 - 04:00
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Hong Kong property sales more measured as interest rate increase looms (SCMP)
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Hong Kong homebuyers showed interest in 130 flats put on sale by developers on Thursday evening, but the pace of buying was more measured after an interest-rate increase later this year became more likely.
Agents said 30 of the 75 units put on sale at Phase 4B of La Montagne at the Southside project at Wong Chuk Hang MTR station sold on Thursday.
The two-bedroom units had saleable areas ranging from 484 to 546 sq ft, with prices starting at HK$13.4 million (US$1.7 million) after discounts.
With......
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19.06.26 - 03:36
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Why Hong Kong′s new corporate treasury centre plan could be a game changer (SCMP)
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Hong Kong's latest push to attract corporate treasury centres (CTCs) could prove a turning point in its efforts to lure mainland Chinese and multinational companies, strengthening the city's position as an international financial centre, according to industry participants.
The government last week unveiled an action plan that includes a proposed amendment to the tax regime for corporate treasury centres in the first half of next year.
The changes would expand the scope of interest deductions......
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18.06.26 - 11:24
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Hong Kong sets August debut for long-awaited offshore yuan bond futures (SCMP)
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Hong Kong is aiming for an August launch date to open trading of Chinese treasury futures, a long-anticipated move as Beijing attempts to strengthen the city's status as a global hub for the offshore yuan and internationalise its currency.
Trading for futures contracts on the five-year government bonds would commence on August 3 on the Hong Kong stock exchange, the Securities and Futures Commission (SFC) and the Hong Kong Exchanges and Clearing (HKEX) said in separate statements on Thursday.
The......
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17.06.26 - 07:54
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China pledges support for trading of treasury bond futures in Hong Kong (SCMP)
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China will double down on its support for Hong Kong as a global hub for the offshore yuan, with Beijing's top market regulator saying that the city could soon begin offering trading of yuan-denominated treasury bond futures.
Beijing would support Hong Kong launching five-year treasury bond futures in the near term, making it easier for overseas investors to put long-term asset allocations into yuan assets, said Wu Qing, chairman of the China Securities Regulatory Commission (CSRC) at the annual......
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10.06.26 - 10:00
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Mainland China set to raise US$2.2b in Hong Kong bond sale amid demand for yuan assets (SCMP)
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The Ministry of Finance announced on Wednesday that it plans to issue 15 billion yuan (US$2.2 billion) worth of sovereign bonds in Hong Kong next week, marking its third issuance this year and strengthening the city's role as the world's largest offshore yuan trading hub.
Analysts expected the issuance to be popular because the yuan had been appreciating against other currencies and many international investors were seeking to diversify their portfolios amid geopolitical tensions.
The bonds,......
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09.06.26 - 12:12
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Hong Kong launches tax-break plan to strengthen role as a corporate treasury base (SCMP)
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The Hong Kong government has unveiled an action plan to broaden tax incentives and introduce a pre-approval mechanism aimed at attracting more companies to establish corporate treasury centres in the city, according to Secretary for Financial Services and the Treasury Christopher Hui Ching-yu.
“This sets out our targeted actions to strengthen Hong Kong as a premier hub for multinational corporate treasury centres and an optimal platform for 'bringing in and going global', leveraging the city's......
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05.06.26 - 12:48
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Hong Kong taps banks, lawyers and crypto firms to help rewrite rules for tokenised bonds (SCMP)
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Hong Kong's de facto central bank has formed a group of industry experts to help remove legal and regulatory hurdles to tokenized bonds, as authorities seek to move beyond pilot projects and encourage wider adoption from private issuers.
The Hong Kong Monetary Authority (HKMA) said on Friday it had established a Tokenised Bond Expert Group comprising 21 institutions spanning banks, law firms, market infrastructure providers and digital asset companies to support the development of the city's......
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29.05.26 - 05:06
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China launches first green bond sale in Hong Kong, aiming to raise US$886 million (SCMP)
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China launched the sale of 6 billion yuan (US$886 million) of green sovereign bonds in Hong Kong late on Thursday night, the first such sale in the city, as Beijing continues to build its presence in offshore debt markets and seeks ways to fund climate action.
The response was good, indicating international market confidence, said HSBC Holdings, a joint lead manager and joint bookrunner of the bond issuance. The strong response came as central banks globally had been increasing the share of yuan......
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19.05.26 - 01:00
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Hong Kong property upswing poised to hold despite interest rates risk: Moody′s (SCMP)
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Hong Kong's residential property market recovery is unlikely to be derailed by a potential increase in interest rates amid the Middle East conflict, as demand is supported by professionals relocating to the city and surging rents, according to Moody's Ratings.
At the same time, the moribund office and retail property sectors were showing signs of improvement on the back of leasing activity despite continued headwinds, the credit-rating agency said in a commentary released on Monday.
“We expect......
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11.05.26 - 10:36
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Hong Kong′s Tsim Sha Tsui tops Asia luxury retail rents, but Bond Street world′s priciest (SCMP)
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Hong Kong's Tsim Sha Tsui has retained its title as Asia's priciest luxury retail strip, commanding £16,160 (US$22,000) per square metre in annual rents, as the city remains among the world's most active markets in terms of new high-end store openings, according to Savills.
London's Bond Street replaced Tsim Sha Tsui as the top global luxury retail property market with rents of £19,228 per square metre per year, according to the ninth edition of the UK-based property consultancy's Global Luxury......
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29.04.26 - 13:30
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Hong Kong Airport Authority issues record HK$19b bond issue amid strong investor demand (SCMP)
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Airport Authority Hong Kong (AAHK) has issued HK$19 billion (US$2.4 billion) of multi-tranche senior notes, the largest Hong Kong dollar-denominated bond offering to date, drawing nearly three times oversubscription.
The success of the offering reinforces the Hong Kong dollar's position as a reliable funding currency and the city's role as a fixed income and currency hub, according to bankers.
The notes were “well received” by investors including sovereign wealth funds, asset managers,......
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15.04.26 - 07:30
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China to sell US$2.3 billion bonds in Hong Kong in biggest deal since 2023 (SCMP)
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China is set to raise about 15.5 billion yuan (US$2.3 billion) from a sovereign bond sale in Hong Kong next week, the largest such issuance since 2023 as global investors seek refuge in Chinese assets amid the US-Iran conflict.
The Ministry of Finance said in a statement on Wednesday it would offer the yuan-denominated bonds – its second offshore issuance this year – on April 22. Further details will be released through the Hong Kong Monetary Authority's Central Moneymarkets Unit.
The planned......
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