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06.10.26 - 15:18
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Hong Kong land sale stuns market as HK$4.3b bid hits 5-year Kowloon high (SCMP)
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Kerry Properties has won a land plot in Ho Man Tin for HK$4.31 billion (US$549 million), the highest price paid for a residential site in Kowloon in nearly five years, as developers show confidence in demand for luxury homes.
The site on Fat Kwong Street sold at HK$20,738 per square foot of gross floor area, the highest land premium for a residential site in recent years, according to Vincent Cheung, managing director of valuation firm Vincorn Consulting and Appraisal.
The last time a Kowloon......
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06.10.26 - 10:30
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China′s Transsion, Africa′s top phone maker, targets US$500 million Hong Kong listing (SCMP)
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Shenzhen Transsion Holdings, the maker of Africa's bestselling phones, aims to kick off its Hong Kong share offering on Wednesday to raise up to US$500 million ahead of a targeted October 15 listing, according to people familiar with the matter.
The company, which already trades in Shanghai and has a market capitalisation of 62 billion yuan (US$9.24 billion), could offer up to 132 million offshore ordinary shares, according to approval documents from the China Securities Regulatory Commission......
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06.10.26 - 09:12
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Aktien Asien: Moderate Gewinne - US-Vorgaben stützen (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die größeren Börsen in Asien haben am Dienstag mehrheitlich höher tendiert. Dabei blieben die Veränderungen aber meist überschaubar. Die chinesischen Festlandsbörsen waren wegen der "Goldenen Woche" weiterhin ......
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06.10.26 - 08:00
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Hong Kong′s Hermitage Capital stays devoted to top-tier tech stocks amid jitters (SCMP)
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Even as geopolitical frictions and market swings unsettle venture investors, Hong Kong-founded Hermitage Capital is sticking to a global strategy of backing frontier technology companies wherever they emerge.
With a US$1.5 billion war chest that is 80 per cent in US dollars, with the remainder in renminbi, the private equity firm is ramping up investments across artificial intelligence, semiconductors and robotics, mainly in the US and China, capitalising on a market turnaround triggered by the......
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06.10.26 - 05:54
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Bakai Sees Hong Kong as Bridge to Central Asia (Bloomberg)
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Andreas Meletiou, CEO of Bakai Bank Hong Kong, says the lender chose Hong Kong for its strong links to Central Asia and its position as a leading global financial hub. He speaks on "Bloomberg: The China Show." (Source: Bloomberg)...
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06.10.26 - 01:00
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How one Hong Kong property investor still made US$30 million – after a 40% price cut (SCMP)
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Amid concerns over rising interest rates and a weak retail property market, a long-time investor has sold a portfolio of prime street shops in Tsim Sha Tsui – held for more than four decades – and locked in a profit of nearly HK$237 million (US$30.2 million) despite accepting a deal more than 40 per cent below his original asking price.
The portfolio of retail shops in Cheung Lee Commercial Building and the podium of Wing Lee Building, both on Kimberley Road, changed hands for HK$256.8 million,......
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05.10.26 - 13:12
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Adrian Cheng, former scion of Hong Kong′s NWD, expands K11 brand in Xiamen (SCMP)
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Adrian Cheng Chi-kong, former heir apparent to Hong Kong's New World Development (NWD), is expanding his K11 cultural retail business in mainland China, launching a venture of his own as his family's property group grapples with heavy debt.
Xiamen K11 Select, developed by Cheng's K11 by AC Group along with state-owned Xiamen Rail Transit Group in the city in the southeastern province of Fujian, has attracted more than 2 million visits since its opening on September 22, with sales rising 32 per......
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05.10.26 - 10:00
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Hong Kong lawmakers say 5-year tax incentive too short to entice major innovative firms (SCMP)
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Hong Kong lawmakers have backed the government's proposed tax incentives for large innovative companies, but many said on Monday that the planned five-year concession period is too short to attract major firms to establish headquarters or expand operations in the city.
Chief Executive John Lee Ka-chiu in his policy address last month said the government planned to submit a bill introducing preferential profits tax rates of either 5 per cent or 8.25 per cent, which was half of the city's standard......
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05.10.26 - 08:06
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Hong Kong poised for first listed property debt fund as banks pull back (SCMP)
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Private equity firms are moving to plug a commercial real estate funding gap as traditional banks pull back, with one fund filing to launch Hong Kong's first listed property debt vehicle.
Gaw Capital, a Hong Kong-based real estate private equity fund which managed US$35.6 billion in assets as of late 2025, filed to list its Gaw Capital Real Estate Private Debt OFC on Friday, seeking to become the first property-focused private debt fund on the Hong Kong stock exchange's main board.
The fund has......
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05.10.26 - 05:00
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Asset manager Schroders to expand in Hong Kong after merger with Nuveen, CEO says (SCMP)
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UK fund house Schroders will increase investment and headcount in Hong Kong after being acquired by US asset manager Nuveen, according to Schroders' global CEO.
“Hong Kong is a critical interface for mainland China through schemes like Wealth Management Connect,” Richard Oldfield said in an online interview with the South China Morning Post on Friday. The scheme, launched in 2021, allows investors in the Greater Bay Area to buy wealth-management products across borders.
Underpinning Schroders'......
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04.10.26 - 10:00
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More Hong Kong homes sell at a loss despite signs prices have bottomed: agents (SCMP)
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Despite signs that Hong Kong property prices could have bottomed out and begun rebounding in August, market sources said at least 100 secondary residential homes were sold at a loss in September, up from at least 81 the previous month.
Hong Kong's property market dodged an immediate setback from the US Federal Reserve's rate increase in September, and agents estimated that home prices could end the year 15 per cent higher than a year earlier. The positive trend, however, did not generally apply......
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02.10.26 - 14:06
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McDonald′s sells Hong Kong shop for US$15.3 million as ′old money′ returns to retail (SCMP)
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As “long-dormant old money” steps back into Hong Kong's retail property market, McDonald's has sold the property housing its first New Territories restaurant for HK$120 million (US$15.3 million), extending its year-long sell-down of self-owned shops.
The property at 10-22 Tsuen Wan Market Street, spanning the ground floor to the second floor, was sold to Keen Charm Holdings (HK) Limited, with the agreement for sale signed on August 31, according to the Land Registry.
Company Registry listed Ngan......
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