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13.10.25 - 09:42
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Lululemon moves to Hongkong Land project in Shanghai, bucking property downtrend (SCMP)
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Canadian athletic apparel retailer Lululemon has become the latest tenant of Hongkong Land's mixed-use project Westbund Central in Shanghai, adding lustre to a waterfront area in the city's southwestern Xuhui district amid a property downtrend.
The company would officially open its China store support centre on October 27, a move to show Lululemon's vibrancy in line with the development of the West Bund, an emerging central business district (CBD) built on the 11km-long zone, according to Ng San......
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10.10.25 - 14:03
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Abits Group to Hold Annual Meeting of Shareholders on November 21, 2025 (GlobeNewswire EN)
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Hong Kong, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Abits Group Inc (the “Company”) (NASDAQ: ABTS), a company engaged in the bitcoin mining and related services business, today announced that the Company's 2025 annual meeting of shareholders will be held on November 21, 2025 at 11:00 A.M., Hong Kong Time (10:00 P.M., Eastern Time, on November 20, 2025), at Level 24, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong SAR, China. Shareholders as of the record date, close of business on October 17, 2025, will be entitled to vote at the meeting....
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10.10.25 - 10:15
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Full-day Takeaway: HSI Down 462 pts; HSTI Down 211 pts; BABA Down over 4%; TENCENT Down over 3%; CHINA SHENHUA, POLY PROPERTY, SINOFERT, ZTE, PACIFIC BASIN Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 462 pts or 1.7% to 26,290. HSTI dropped 211 pts or 3.3% to 6,259. HSCEI fell 171 pts or 1.8% to 9,358. Market turnover reached $333.74 billion.Active Heavyweights:BABA (09988.HK) closed at $165.4, down 4.6%TENCENT (00700.HK) closed at $651.5, down 3.6%XIAOMI (01810.HK) closed at $52.05, down 2.4%MEITUAN (03......
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10.10.25 - 09:06
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Hong Kong developer Great Eagle′s executives jointly acquire US$1.5 million flat (SCMP)
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Buyers connected to Hong Kong property developer Great Eagle Holdings have bought another home in the New Territories after snapping up dozens of units across the city in recent months.
The 773 sq ft three-bedroom unit at Grand Mayfair II in Kam Tin South, developed by China Overseas, Sino Land and K Wah, was sold for HK$11.99 million (US$1.54 million), or HK$15,510 per square foot, and handed over to Rising Thrive on October 2, according to Land Registry records.
Alexander Lo Chun-him, Kan......
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10.10.25 - 06:15
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Midday Takeaway: HSI Down 304 pts; HSTI Down 158 pts; BABA Down over 3%; HANG LUNG PPT, CHINA SHENHUA, CK ASSET, ZTE, PACIFIC BASIN Hit New Highs (AAStocks)
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At midday close, HSI dropped 304 pts or 1.1% to 26,447. HSTI dropped 158 pts or 2.4% to 6,312. HSCEI fell 114 pts or 1.2% to 9,415.Active Heavyweights:BABA (09988.HK) closed at $166.4, down 4%TENCENT (00700.HK) closed at $656.5, down 2.8%XIAOMI (01810.HK) closed at $51.95, down 2.6%MEITUAN (03690.HK) closed at $102.3, down 1.3%H......
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10.10.25 - 05:30
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Research: UBS Removes CK ASSET/ HANG SENG BANK from Least Preferred List (AAStocks)
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UBS released a research report saying that its property team upgraded CK ASSET (01113.HK) from Neutral to Buy, citing it as the most undervalued among homebuilders under its coverage. The broker also removed CK ASSET and HANG SENG BANK (00011.HK) from its least preferred list.HSBC HOLDINGS (00005.HK) proposed privatizing HANG SE......
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09.10.25 - 10:15
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Full-day Takeaway: HSI Closes at 26,752, Down 76 pts; HSTI Closes at 6,471, Down 42 pts; HANG SENG BANK Up over 25%; HANG SENG BANK, ZIJIN MINING, CHINAHONGQIAO, CK ASSET, SH ELECTRIC Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 76 pts or 0.3% to 26,752. HSTI dropped 42 pts or 0.7% to 6,471. HSCEI gained 6 pts or 0.1% to 9,530. Market turnover reached $386.82 billion.Active Heavyweights:HKEX (00388.HK) closed at $456.8, up 2.7%BABA (09988.HK) closed at $173.3, down 2.4%XIAOMI (01810.HK) closed at $53.35, down 0.9%MEITUAN (03690.HK)......
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07.10.25 - 10:12
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High-profile property sales add to Hong Kong′s market momentum (SCMP)
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The son of former financial secretary Henry Tang Ying-yen has bought property in Kowloon, joining a growing number of affluent buyers snapping up homes in Hong Kong amid improving confidence in the residential market.
Two connected units at Wheelock Properties' Kadoorie Hill luxury project were sold for HK$36.4 million (US$4.7 million) each and handed over on October 3, according to the Land Registry. The flats were bought through two entities, Jumbo Bridge and Risking Sky. William Harry Tang......
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06.10.25 - 09:15
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Research: BOCOMI Raises NEW WORLD DEV TP to $9.7, Maintains Buy Rating (AAStocks)
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BOCOMI's research report covered NEW WORLD DEV (00017.HK), which was expected to post a revenue of HK$27.68 billion for 2025, down 23% from 2024's HK$35.78 billion. This decline was attributable to the near completion of construction projects, lower revenue recognition from property development in Mainland China, and the......
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04.10.25 - 09:00
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Hysan sells Mid-Levels flats to Lee family members for HK$133 million (SCMP)
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Hysan Development sold three units at its Bamboo Grove luxury complex in Hong Kong's Mid-Levels for a total of HK$133 million (US$17 million), two of which were bought by the company's chairwoman Irene Lee Yun-lien's son, Nicolas Hugh Ingram, while the third was acquired by the wife of non-executive director Lee Chien.
The transactions, disclosed by the company on Friday, are expected to yield a total gain of about HK$49.3 million for the developer. The proceeds would be allocated for general......
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03.10.25 - 03:36
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Hong Kong property deals surge anew in September on rate cut, buoyant stocks (SCMP)
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Hong Kong property sales in September saw an increase in the number of deals and value on the back of easing interest rates and a resurgent stock market, according to property agents.
Deals covering new and lived-in homes, office spaces, shops, car parking slots as well as industrial units were estimated to have risen 6.2 per cent month on month to 6,862 units in September, with the total value up 14 per cent to HK$54.35 billion (US$6.98 billion), according to Centaline, one of the city's......
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02.10.25 - 04:18
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Hong Kong stocks shoot up on China home sales, tech enthusiasm (SCMP)
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Hong Kong stocks jumped on Thursday after a one-day break, as signs of stabilisation in the property sector and gains in technology firms boosted sentiment.
The Hang Seng Index shot up 1.3 per cent to 27,191.99 as of 9.55am local time. The Hang Seng Tech Index added 2.2 per cent. Mainland stock exchanges are closed for the National Day and Mid-Autumn Festival holidays from Wednesday through October 8.
Technology firms led the rise. Short-video platform Kuaishou Technology soared 8 per cent to......
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30.09.25 - 10:00
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Research: DBS Keeps Hold on NWD w/ TP HKD7.02 (AAStocks)
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Weighed down by immense impairment provisions and one-off expenses, NEW WORLD DEV (00017.HK) logged a net loss of HKD16.3 billion for FY25 ended June 2025, according to a report from DBS Group Research.NEW WORLD DEV's successful refinancing of HKD88.2 billion in loans has substantially removed its debt burden over the short ......
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