|
|
|
14.06.26 - 13:00
|
Demand from mainland Chinese students lifts Hong Kong rents, draws investors to flats (SCMP)
|
|
|
Mainland Chinese students are increasingly paying a year's rent – and sometimes much more – upfront to secure homes near Hong Kong's universities, helping to push residential rents to record highs and drawing investors back to small flats once marketed for first-time buyers.
The trend is becoming increasingly visible as the city's summer student-leasing season gets under way.
A mainland Chinese PhD student recently agreed to pay nearly HK$700,000 (US$89,332) upfront to rent a two-bedroom flat at......
|
|
|
14.06.26 - 10:24
|
Hong Kong commercial landlords may bet on investment to curb tenant loss from AI: analysts (SCMP)
|
|
|
Hong Kong's older office assets and their struggling landlords could face more challenges as the wider adoption of artificial intelligence (AI) by firms in the city leads companies to relocate to newer buildings that better support their requirements, according to real estate consultancy Knight Frank.
AI is poised to usher in more changes in Hong Kong's commercial office space, and landlords may have to act fast to either refurbish their assets or convert them for new uses, said Lee Elliott,......
|
|
|
14.06.26 - 10:00
|
European wealth turns to Hong Kong as 30 family offices eye operations in the city (SCMP)
|
|
|
Around 30 European family offices have expressed interest in establishing operations in Hong Kong, drawn by the city's tax incentives and growing optimism about the prospects for China's technology sector and Hong Kong's property market, according to InvestHK and industry participants.
Jason Fong, InvestHK's global head of family office, said the government agency was assisting 30 European family offices that had indicated plans to set up in the city, accounting for about 19 per cent of the 160......
|
|
|
|
|
|
|
12.06.26 - 15:48
|
China′s Nvidia challenger MetaX eyes Hong Kong share sale to fund AI ambitions (SCMP)
|
|
|
MetaX, a Shanghai-based graphics processing unit (GPU) designer, said on Friday that it plans to pursue a Hong Kong listing, less than half a year after its debut on Shanghai's technology-focused Star Market.
The company said in a filing that the proposed H-share offering would support its business expansion, strengthen corporate governance and competitiveness, and advance its international growth strategy.
MetaX plans to issue H shares equivalent to no more than 5 per cent of its enlarged share......
|
|
|
|
|
12.06.26 - 13:00
|
The SpaceX factor: Hong Kong stocks face liquidity test from mega IPO (SCMP)
|
|
|
This is part of a series on the global impact of SpaceX's historic IPO, tracing how mainland Chinese investors' strategies, the Hong Kong market and wider capital flows are being reshaped by Elon Musk's trillion‑dollar rocket gamble.
While the world witnesses a new fundraising record in the coming listing of SpaceX – and the emergence of its CEO Elon Musk as the first-ever trillionaire – Hong Kong stocks face a critical liquidity test, as market enthusiasm reshapes fund flows and recalibrates......
|
|
|
12.06.26 - 11:42
|
Hong Kong gazettes tax break for fund managers′ bonuses to bolster role as wealth hub (SCMP)
|
|
|
The Hong Kong government gazetted a bill on Friday that, if passed, would waive salary tax on fund managers' performance-linked bonuses, so long as they meet certain requirements, in a move to introduce further tax reform to strengthen the city as a wealth management centre.
The bill, which will be first read by lawmakers on June 24, may attract more fund managers and family offices to operate in the city, the government said.
The measure would make Hong Kong the first major Asian financial......
|
|
|
12.06.26 - 11:30
|
Hong Kong regulators vow strict compliance as Beijing tightens capital controls (SCMP)
|
|
|
Hong Kong's financial regulators have pledged to uphold strict compliance standards and crack down on illicit activity, as Beijing intensifies efforts to tighten oversight of cross-border capital flows.
“We will always be steadfast guardians of the market, driving development and encouraging innovation while never compromising on our bottom line,” said Kelvin Wong Tin-yau, chairman of the Securities and Futures Commission (SFC) of Hong Kong.
“Through rigorous regulatory systems, forward-looking......
|
|
|
12.06.26 - 10:30
|
Singaporean pays US$72m to join Richard Li, Pony Ma in Hong Kong′s most exclusive enclave (SCMP)
|
|
|
A Singaporean buyer linked to an investment firm paid HK$562.6 million (US$72 million) for a historic mansion in Hong Kong's Shek O, gaining entry into one of the city's most exclusive residential communities where neighbours include PCCW chairman Richard Li Tzar-kai and Tencent Holdings CEO Pony Ma Huateng.
Land Registry records showed Jennifer Tzelee Teo bought 14 Shek O Road, known as The Round House, under a sale and purchase agreement signed on May 11. The house was long home to the family......
|
|
|
|
|
|
|
|
|
|
|
12.06.26 - 01:00
|
Hong Kong developers rediscover pricing power amid firmer demand (SCMP)
|
|
|
Prices for some new homes in Hong Kong have rebounded by as much as a third from the housing market's lowest level a few years ago amid robust demand, according to analysts.
Developers have priced new units this year in Tseung Kwan O, Wong Chuk Hang and Tai Wai between 7 and 36 per cent higher than those sold in the same projects or in the same districts in previous years, data tracked by JLL showed.
The consultancy said that on average, prices for the first sales in new developments this year......
|
|
|
12.06.26 - 00:30
|
Hong Kong Trade Data Due On Friday (AFX)
|
|
|
BEIJING (dpa-AFX) - Hong Kong will on Friday release Q1 numbers for industrial production and producer prices, highlighting a light day for Asia-Pacific economic activity.In the previous three mon......
|
|
|
|
|
11.06.26 - 14:48
|
Hong Kong, Indonesia move towards direct transactions in yuan, rupiah (SCMP)
|
|
|
The People's Bank of China, Hong Kong Monetary Authority (HKMA) and Bank Indonesia signed an agreement on Thursday to create a framework for bilateral transactions between Indonesia and Hong Kong.
The parties aimed to implement a currency transaction framework for the direct exchange and settlement of Indonesian rupiah and Chinese yuan in cross-border trade and investment activities among companies and institutions in Indonesia and Hong Kong, according to an HKMA statement.
This initiative was......
|
|
|
|