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27.07.26 - 10:42
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7 Hong Kong developers bid for waterfront project as Kowloon renewal gathers pace (SCMP)
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Hong Kong's Urban Renewal Authority (URA) received seven tender submissions for a major waterfront residential redevelopment project in Hung Hom, drawing bids from some of the city's largest developers despite a subdued land market.
The authority said on Monday that seven developers submitted tenders for the project before the noon deadline. A tender review panel under the URA board will assess the bids before making recommendations, with the board to decide on the successful......
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27.07.26 - 08:00
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Hong Kong home sales recovery expected to boost developers′ earnings (SCMP)
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Hong Kong property developers are expected to report stronger first-half earnings in the coming weeks, buoyed by a rebound in home sales and improving development margins, as investors look for clues on whether the sector's recovery is sustainable.
Bank of America Global Research expected Hong Kong developers and conglomerates to post average core net profit growth of 8 per cent year on year, excluding New World Development, according to a report published on July 15.
“We expect the Hong Kong......
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27.07.26 - 05:06
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Fast-fashion giant Shein swings to US$99m first-quarter loss ahead of Hong Kong listing (SCMP)
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E-commerce giant Shein swung back to losses in the first quarter of 2026 as rising Western tariffs squeezed margins, according to its Hong Kong listing prospectus on Sunday.
The Singapore-headquartered fast-fashion retailer, founded in China, recorded a US$99 million loss in the three months to March, reversing a US$395 million profit a year earlier. Net revenue edged up 1.1 per cent to US$9.05 billion in the same period.
For full-year 2025, Shein's net revenue rose nearly 8 per cent to US$41.85......
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26.07.26 - 06:54
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How Hong Kong developers are adapting to the ′new normal′ in the Greater Bay Area (SCMP)
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Hong Kong developers operating in the Greater Bay Area are having to adapt to the ongoing debt crisis in mainland China's property sector, which has led to deep and lasting changes in the nature and motivations of their buyers, according to agencies dealing in mainland real estate.
Before the debt crisis erupted earlier this decade, Hong Kong developers found that 90 per cent of buyers for their residential properties in the Greater Bay Area were Hong Kong investors. Now, they are increasingly......
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24.07.26 - 12:36
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Chinese GPU maker confidentially files for Hong Kong IPO amid fundraising wave: sources (SCMP)
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MetaX, a Chinese maker of graphics processing units (GPUs), has confidentially filed for a listing in Hong Kong, according to people familiar with the matter.
The Shanghai-based company was targeting an initial public offering (IPO) by the end of this year, according to the sources, who asked not to be identified because the information was confidential.
MetaX was working with Huatai International Financial Holdings on the potential share sale, the people said.
The company did not immediately......
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24.07.26 - 11:06
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Hong Kong exchange′s biggest reform in 8 years opens gates to more IPOs (SCMP)
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Stock exchange operator Hong Kong Exchanges and Clearing (HKEX) will allow all listing applications to remain confidential and will reduce market-capitalisation requirements for listings by start-ups and international firms immediately, it announced on Friday.
Confirming a report by the South China Morning Post, HKEX will proceed with confidential filing as it proposed in March in its biggest set of listing reforms since 2018.
The exchange will also reduce the market-cap requirements for......
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24.07.26 - 11:00
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Hong Kong insurers ride affluent demand to record sales as longevity and legacy needs grow (SCMP)
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Life insurance sales in Hong Kong rose 51 per cent in the first quarter to another record high, driven by affluent customers from mainland China and overseas buying policies for wealth transfer, protection and medical needs.
The industry wrote HK$141.1 billion (US$18 billion) in new life policies in the first quarter, compared with HK$93.4 billion a year earlier, according to data from the Insurance Authority released on Friday.
It marked the third year that first-quarter sales hit a record high......
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24.07.26 - 09:15
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Aktien Asien: Verluste vor dem Wochenende (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die wichtigsten asiatischen Aktienmärkte haben am Freitag deutlich nachgegeben. Dabei standen besonders die technologielastigeren Börsen unter Druck.Halbleiterwerte reagierten dabei auf die schwachen ......
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24.07.26 - 04:30
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Rare six-month office flip suggests Hong Kong′s prime market is stabilising (SCMP)
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A buyer who bought an office in a top-tier location in Hong Kong has sold it for an apparent 19 per cent gain just over six months later, a rare transaction that suggests improving conditions in the city's prime office market are beginning to reshape investment decisions.
The 5,400 sq ft office on the 37th floor of Far East Finance Centre in Admiralty changed hands for HK$108 million (US$13.8 million), or about HK$20,000 per square foot, in early July, according to market sources.
The same space......
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24.07.26 - 03:30
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Hong Kong must wake up to the cold hard geopolitics of AI (SCMP)
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Officials talking about artificial intelligence (AI) often speak in terms of the next industrial revolution or existential risks. Such rhetoric ultimately does little to capture how AI filters into the ordinary workings of a city like Hong Kong.
The geopolitics of AI are no longer abstract. They are beginning to shape who can use which tools – and on what terms.
Over the past few months, two major international banks in the city have reportedly felt the impact. Anthropic's Claude, a generative......
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23.07.26 - 13:00
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Path opened for Malaysian firms to pursue secondary share listings in Hong Kong (SCMP)
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Hong Kong is reaping rewards from a charm offensive with Malaysia as it works to enhance its attractiveness to global fundraising activities, with deals reached on Thursday during a visit to the Southeast Asian country by the city's financial services secretary.
Bursa Malaysia will become the 21st stock exchange recognised by the city's bourse operator Hong Kong Exchanges and Clearing (HKEX), clearing the way for Malaysia-listed companies to pursue secondary listings in Hong Kong, according to......
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