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04.11.26 - 00:00
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′Wait-and-see′: Hong Kong′s private home sales drop as interest rates are tipped to rise (SCMP)
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Hong Kong's primary and secondary private residential property sales fell in October compared to the previous month, as the expectation of an interest rate increase by year-end draws nearer, according to new market research.
Conducted by Centaline Property, the research indicated that Hong Kong recorded 1,410 first-hand private residential property transactions in October, with a total transaction value of HK$18.66 billion (US$2.38 billion).
This represented a decline of 5.8 per cent and 12.1......
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29.10.26 - 00:12
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Hong Kong holds base rate at 4.25% after US Federal Reserve decision (SCMP)
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The Hong Kong Monetary Authority (HKMA) announced on Thursday that it would keep its base rate unchanged at 4.25 per cent, hours after the US Federal Reserve also decided to hold its benchmark rate steady.
The city's de facto central bank often mirrors steps taken by the US Fed as the Hong Kong's currency is pegged to the US dollar. In September, it followed the Fed in raising its key interest rate by a quarter of a percentage point – the first such increase since 2023.
The US Federal Open......
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20.10.26 - 09:54
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Mainland China, Hong Kong stocks fall as US inflation spurs Fed tightening concerns (SCMP)
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Stocks in mainland China and Hong Kong slumped on Thursday, with the benchmark of yuan-denominated equities sliding to a 14-month low, as a hot reading on US inflation boosted bets that the Federal Reserve would raise interest rates and a plunge in the South Korean market further dented sentiment.
The CSI 300 Index slid 1.2 per cent to 4,166.01 at the close, the lowest since August 12, 2025. The chip-heavy Star Market 50 gauge tumbled to a six-month low with a 1.5 per cent decline.
The Hang Seng......
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15.10.26 - 04:06
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Mainland China, Hong Kong stocks fall as US inflation spurs Fed tightening concerns (SCMP)
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Stocks on the Chinese mainland and in Hong Kong slumped as a hot reading on US inflation boosted bets that the Federal Reserve will raise interest rates.
The CSI 300 Index slid 1.3 per cent and the chip-heavy Star Market 50 gauge tumbled 2.3 per cent.
The Hang Seng Index fell 0.9 per cent to 24,094.03 as of 9.39am local time. The Hang Seng Tech Index dropped 1.9 per cent.
The probability that the Fed would boost the benchmark borrowing cost by 25 basis points in December had risen to 66 per cent......
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09.10.26 - 07:12
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Hong Kong faces limited impact if Fed curbs access to US dollar funding facility: analysts (SCMP)
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A US lawmaker's call for a review of Hong Kong's access to a Federal Reserve facility that provides short-term US dollar funding would have limited impact on the city as it is not a regular source of financing, according to analysts, who said any restriction could instead weaken the US dollar's global dominance.
John Moolenaar, chairman of the House China Committee, has written to US Federal Reserve chairman Kevin Warsh urging a review of the Hong Kong Monetary Authority's (HKMA) access to the......
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30.09.26 - 04:06
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Looming interest rate rises will not hit Hong Kong as hard as 2022: analysts (SCMP)
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Hong Kong looks set to be hit by a wave of interest rate rises in the coming months, but the city's property market is unlikely to suffer the same level of damage as during the last rate cycle in 2022-2023, according to analysts.
Though major Hong Kong banks have so far held rates steady despite the US Federal Reserve raising its benchmark rate earlier this month, they are widely expected to increase them if the Fed follows through with further tightening later this year.
The combination of......
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27.09.26 - 13:00
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Buyers snap up new Hong Kong flats ahead of likely interest rate rises (SCMP)
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Hong Kong developers have already sold more than 290 of the new flats they launched over the weekend, as buyers look to lock in mortgages ahead of an anticipated rise in interest rates later this year, according to property agents.
The decision by the city's major banks to hold rates steady despite the US Federal Reserve's recent rate increase appeared to have given buyers a push, with many expecting local rates to rise in the coming months, said Derek Chan Hoi-chiu, head of research at Ricacorp......
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21.09.26 - 10:30
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Why a hawkish US Fed won′t derail Hong Kong′s property recovery (SCMP)
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The Hong Kong Monetary Authority, the city's de facto central bank, probably anticipated the rise in US interest rates last week. However, it is unlikely it foresaw the extent to which the Federal Reserve shifted in a hawkish direction.
Even Fed watchers were surprised by the unanimous vote to increase borrowing costs and the unambiguous signal that the central bank plans to raise interest rates further in the coming months.
While the HKMA, which moves in lockstep with the Fed to safeguard the......
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17.09.26 - 03:48
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Hong Kong stocks decline after Fed raises interest rates and signals more to come (SCMP)
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Stocks in Hong Kong and mainland China fell on Thursday, after the US Federal Reserve raised interest rates for the first time in three years and signalled that further tightening remained on the table.
The benchmark Hang Seng Index fell 0.8 per cent to 24,537.30 as of 9.30am local time. The Hang Seng Tech Index lost 0.5 per cent.
On the mainland, the CSI 300 Index slipped 0.2 per cent, while the chip-heavy Star Market 50 index was little changed.
The Fed raised its benchmark interest rate by......
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04.09.26 - 14:30
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Hong Kong′s Silver Bonds draw record 480,000 bids with higher interest rate (SCMP)
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The latest round of the Hong Kong government's Silver Bonds programme has attracted a record number of subscriptions in terms of both quantity and value, as the city's elderly investors seize the opportunity to secure better returns than those offered by bank deposits.
Investors submitted 478,000 bids for HK$119.8 billion (US$15.28 billion) worth of bonds during the offering period, which ended at 2pm on Friday, according to a government spokesman.
That represented a 22 per cent rise in terms of......
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04.09.26 - 11:06
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Can Hong Kong outshine Singapore as central banks rethink gold custody amid global risks? (SCMP)
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As the Netherlands moved gold out of the US and Canada over geopolitical concerns, attention is turning to whether Hong Kong can capitalise on central banks rethinking where they keep their bullion.
The city faces competition from Singapore, which is expected to launch central bank gold-vaulting services in October as part of efforts to cement its status as a gold trading hub in Asia.
Where central banks chose to store gold came down to three factors, said Iggy Ioppe, a Wall Street veteran with......
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01.09.26 - 06:00
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Rate rise expectations mount in Hong Kong property market following Fed chief′s comments (SCMP)
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With expectations of a quarter-percentage-point increase in the US Federal Reserve's target interest rate increasing following comments by Fed chairman Kevin Warsh last week, the Hong Kong property market is bracing for its potential impact.
Following Warsh's comments at the Jackson Hole economic symposium on Friday, the CME FedWatch tool, which tracks Fed funds futures contracts, indicated that expectations of a rate rise in the United States this month had doubled, with markets pricing in a 60......
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