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21.09.26 - 19:06
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US Shipment Of F-35s Goes MIA In Shocking Detour To Hong Kong (ZeroHedge)
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US Shipment Of F-35s Goes MIA In Shocking Detour To Hong Kong
Authored by Luis Cornelio via Headline USA,
Lawmakers and the Trump administration are investigating the odd disappearance of a U.S.-bound shipment of F-35 fighter jet components from Australia, which were originally meant to be repaired on U.S. soil, according to new reporting by Politico.
The report, published Friday and citing three anonymous sources, noted that an intermediary was transporting the equipment on behalf of American defense manufacturer Lockheed Martin through the Pacific Ocean before it was diverted to Hong Kong.
The three unnamed sources suggested that neither the Pentagon nor Lockheed Martin knows why the shipment ended up in Hong Kong.
The current whereabouts of the components remain unknown, triggering concerns over whether China may have gotten its hands on them.
China, which has tightened its control of Hong Kong in recent years, has long sought to gather intelligence on the F-35 program.
The missing componen...
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21.09.26 - 14:00
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Hong Kong developer New World gets nod to spin off K11 Shanghai assets (SCMP)
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New World Development (NWD) received the green light from the Shanghai Stock Exchange to spin off and list a Reit (real estate investment trust) on the bourse, according to the distressed developer controlled by one of Hong Kong's wealthiest families.
The expected offering size for the NWD C-Reit was about 3.82 billion yuan (US$570 million), from which the group's estimated net proceeds would be 3.24 billion yuan, Hong Kong-based NWD said in a statement on Monday. The underlying assets of the......
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21.09.26 - 13:54
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Hong Kong stock exchange moves to ease spin-offs and shareholder approval rules (SCMP)
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The Hong Kong stock exchange has proposed easing requirements for listed companies to disclose corporate transactions and seek shareholder approval, while also making it easier for issuers to spin off businesses, according to a consultation paper released on Monday.
The 10-week consultation, which runs until November 30, proposes removing the profit test currently used to determine whether a transaction requires disclosure or shareholder approval. Companies would instead use market......
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21.09.26 - 13:06
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How Hong Kong is positioning for a bigger role in Asia′s family wealth transition (SCMP)
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Hong Kong is strengthening its position as Asia's hub for family business succession and cross-border capital allocation as wealthy families navigate economic uncertainty and a generational transfer of wealth, financial regulators and industrial executives said on Monday.
Speaking at the South China Morning Post's Redefining Hong Kong: Next Generation Wealth Conference, Undersecretary for Financial Services and the Treasury Joseph Chan Ho-lim highlighted what he described as the city's unique......
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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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21.09.26 - 09:15
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Aktien Asien: Gewinne zum Wochenstart - Feiertag in Tokio (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die asiatischen Aktienmärkte haben zum Wochenauftakt dank sinkender Ölpreise und einer weiteren Erholung von Technologieaktien wie Samsung großteils zugelegt. Besonders deutlich ging es in Südkorea nach oben. ......
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21.09.26 - 09:06
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Once the world′s most-visited city, Hong Kong now converts hotels into student dorms (SCMP)
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Late last month, an open tender for Hotel Cozi Harbour View in Kwun Tong was announced, with interested parties given until October 15 to submit bids.
The 598-room hotel, located in Hong Kong's eastern Kowloon Peninsula, a former industrial area, was taken over by Nanyang Commercial Bank for HK$1.87 billion (US$238.4 million) in 2025, with the bank now looking to dispose of the asset to the highest bidder.
Just a week after the announcement of the tender, Nina Hospitality, one of the largest......
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21.09.26 - 08:00
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Four mainland Chinese firms jump into cooling Hong Kong IPO market (SCMP)
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Four Chinese companies launched initial public offerings (IPOs) in Hong Kong on Monday, aiming to raise as much as HK$14 billion (US$1.8 billion) in total, with strong backing from cornerstone investors countering apparent weakness in the market so far this month.
Automated equipment manufacturer RoboTechnik has the biggest target, planning to raise as much as HK$5.18 billion.
The new entrants are braving a market that shows signs of slowing. After a blistering year so far – Hong Kong listings......
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21.09.26 - 03:00
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Mainland China′s stock exchanges mount charm offensive amid Hong Kong IPO boom (SCMP)
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Mainland China's stock exchanges have stepped up lobbying of companies and regulators to prioritise domestic listings after Hong Kong stole their thunder in fundraising activities in recent years, according to two sources familiar with the matter.
The domestic exchanges recently met representatives of some mainland companies planning Hong Kong listings, especially first-time issuers and firms in sectors supported by national policies, a source said.
“Exchanges emphasised the benefits of listing......
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21.09.26 - 01:06
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For China′s hi-tech IPOs, it′s Hong Kong vs the mainland – but how much does it matter? (SCMP)
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Competition between mainland China and Hong Kong for hi-tech initial public offerings presents emerging technology firms with a dual-track strategic choice rather than a zero-sum battle, according to an executive at a national cross-border innovation platform.
“There is naturally a degree of competition,” Lu Peng, general manager of Beijing-based Zhongguancun International, said in an interview on Thursday, referring to how tech firms select their primary listing venue. “However, the two markets......
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18.09.26 - 01:00
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Hong Kong malls bet on Asian Games to boost footfall, tenant sales amid spending shifts (SCMP)
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Hong Kong shopping mall operators are extending a strategy used during this year's Fifa World Cup into the Asian Games, leveraging major sporting events to draw visitors and support tenant sales as retailers face competition from Shenzhen, overseas shopping and online spending.
Sino Group is among the landlords expanding the strategy beyond tournament broadcasts. It expects foot traffic across four malls to increase during its Asian Games campaign, with selected merchants forecast to record......
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17.09.26 - 12:00
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Hong Kong property market gets reprieve on rates, but position remains precarious (SCMP)
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Hong Kong's property market dodged an immediate hit from the Federal Reserve's rate hike on Thursday as major local banks kept their prime rates unchanged, but another increase could puncture the market's relatively fragile recovery, according to industry insiders.
The Fed raised its benchmark rate by a quarter point at its latest meeting on Wednesday in the US, but HSBC and other major Hong Kong banks left their prime rates unchanged.
The decision should have no immediate impact on the local......
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17.09.26 - 09:12
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Aktien Asien: Uneinheitlich (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die asiatischen Aktienmärkte haben am Donnerstag keine einheitliche Richtung eingeschlagen. Die vorsichtige Entwicklung der Vortage setzte sich fort.Die Börsen reagierten damit auf gegenläufige ......
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17.09.26 - 09:06
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How Hong Kong′s new 5-year plan courts global capital with an eye on market dominance (SCMP)
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Hong Kong is broadening its equity markets, deepening its offshore yuan business and expanding further into gold trading under its first five-year plan for economic and social development, as the city seeks to defend its standing as Asia's top financial centre and close the gap with London.
Unveiled on Wednesday by Chief Executive John Lee Ka-chiu alongside his 2026 policy address, the blueprint outlines a package of financial plans to “consolidate and enhance Hong Kong's status as an......
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17.09.26 - 08:06
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Exchange Fund weighs bigger gold holdings to support Hong Kong′s trading hub plan (SCMP)
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Hong Kong's Exchange Fund, the war chest used to defend the local currency, is considering increasing its exposure to gold and other precious metals as part of the government's push to develop the city into a gold trading hub.
Hong Kong Monetary Authority (HKMA) chief executive Eddie Yue Wai-man said on Thursday that the Exchange Fund would continue to invest mainly in US dollar assets to support the Hong Kong dollar's peg with the US currency.
Yue said the Exchange Fund could increase its......
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17.09.26 - 07:00
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Hong Kong to support rocket, satellite IPOs as SpaceX-led sector takes off (SCMP)
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Hong Kong aims to adjust listing rules to grab a share of initial public offerings (IPOs) by mainland China's space companies as activity in the sector increases in line with Beijing's priorities and heightened activity in the sector following the blockbuster June listing by Elon Musk's SpaceX.
That could lead to more head-to-head competition between the Hong Kong stock exchange and the Shanghai Stock Exchange, which is now drawing a majority of such listing applications, including commercial......
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