|
|
|
29.09.26 - 05:54
|
Shein drops 14% to record low after profit misses in first results since Hong Kong IPO (SCMP)
|
|
|
Shares of Shein Global Holdings fell nearly 14 per cent to a record low in Hong Kong on Tuesday after the online fashion retailer posted a 67 per cent drop in second-quarter profit in its first earnings report since listing, warning that tariff headwinds and logistics cost volatility would persist for the rest of the year.
The company said in an unaudited filing on Monday that profit for the June quarter slumped to US$228 million, while revenue edged up 1 per cent to US$11 billion.
Revenues from......
|
|
|
29.09.26 - 02:06
|
Plan to turn Hong Kong office block into flats rejected amid high commercial vacancy rates (SCMP)
|
|
|
Hong Kong's Town Planning Board has rejected an application from a consortium of developers to rezone a commercial project in Kowloon for development as residential flats, leaving sellers struggling with high vacancy rates, according to analysts.
A consortium formed by CSI Properties, Asia Standard International, and Chongqing-born property tycoon Cheung Chung-kiu applied to the Town Planning Board to redevelop “Harbourside HQ” – a grade A office building at 8 Lam Chak Street, Kowloon Bay, which......
|
|
|
|
|
28.09.26 - 13:36
|
Hong Kong office expansion lags hiring push as tenants optimise current space: Colliers (SCMP)
|
|
|
More than a third of Hong Kong's office tenants are expecting to increase headcounts over the next 12 months, but only a fifth are likely to expand their real estate footprint, according to a survey by Colliers.
The results of the fourth annual Hong Kong occupier survey by the property consultancy pointed to a “growing disconnect between hiring intentions and office expansion plans, as many occupiers continue to absorb growth within their existing premises through more efficient space......
|
|
|
28.09.26 - 12:42
|
Hong Kong finds gold-trading leader in former exchange executive Bryan Chan (SCMP)
|
|
|
The Hong Kong government has appointed Bryan Chan Ping-keung, a former executive at bourse operator Hong Kong Exchanges and Clearing (HKEX), as CEO to lead the development and operation of the city's new central clearing and settlement system for gold.
Chan will head Hong Kong Precious Metals Central Clearing (HKPMCC), a wholly government-owned entity established in January to run the clearing system for precious metals. His appointment would take effect on October 2 for a three-year term,......
|
|
|
28.09.26 - 09:36
|
Mainland Chinese stocks hit 13-month low on tech sell-off as Hong Kong market holds up (SCMP)
|
|
|
Mainland Chinese stocks fell to their lowest level in 13 months on Monday as the sell-off in technology shares intensified amid concerns that elevated global capital costs and surging oil prices would curb risk appetite.
Markets opened the week on a sombre note, with the CSI 300 Index dropping 2.2 per cent to close at a level not seen since August 21 last year. The chip-heavy Star Market 50 index tumbled 4.1 per cent, capping its steepest single-day decline in five weeks and closing in on the......
|
|
|
|
|
28.09.26 - 07:18
|
Xiaomi-backed robotics chip designer clears hearing, eyes US$100m Hong Kong IPO: sources (SCMP)
|
|
|
Zhuhai Amicro Technology, a Xiaomi-backed chipmaker, is preparing to begin premarketing for a Hong Kong initial public offering (IPO) of more than US$100 million as early as this week, according to people familiar with the matter.
The company passed its listing hearing with bourse operator Hong Kong Exchanges and Clearing (HKEX) last week, clearing the final regulatory hurdle for a share sale in the city, the people said, requesting anonymity because the information is private.
According to......
|
|
|
|
|
27.09.26 - 13:00
|
Buyers snap up new Hong Kong flats ahead of likely interest rate rises (SCMP)
|
|
|
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......
|
|
|
26.09.26 - 10:00
|
Hong Kong tycoon-backed start-up bets on new battery to challenge energy-storage giants (SCMP)
|
|
|
EnerVenue, a start-up co-founded by Full Vision Capital, the family office of Hong Kong tycoon Peter Lee Ka-kit, has begun manufacturing a new battery it expects to challenge existing energy-storage technologies dominated by mainland Chinese players, amid surging global demand for green energy.
The California-based company can now produce 250 megawatt-hours (MWh) of nickel-hydrogen batteries annually at its factory in Changzhou, in eastern China's Jiangsu province, and plans to raise capacity to......
|
|
|
25.09.26 - 12:54
|
Chinese RISC-V chipmaker Eswin seeks US$300m in Hong Kong IPO ahead of October debut (SCMP)
|
|
|
Beijing Eswin Computing Technology will start soliciting orders from institutional and public investors on Monday ahead of its Hong Kong initial public offering (IPO), aiming to raise around US$300 million, according to people familiar with the matter.
The Chinese chipmaker had already started gauging investor interest, with trading expected to start on October 8, said one of the people, who asked not to be identified due to the sensitivity of the issue.
The Beijing-headquartered company had......
|
|
|
25.09.26 - 12:06
|
Why Hong Kong banks have shut down 40% of branches in recent years (SCMP)
|
|
|
New York may be known as the city that never sleeps, but many Hongkongers like to take care of banking transactions at 2am – a truth that helps explain why 40 per cent of physical branches have disappeared in recent years, according to local bank executives.
While the number of Hong Kong licensed banks had remained stable around 150 for many years, the number of bank branches had dropped 40 per cent to about 900 from 1,500 in recent years, said Sunny Cheung, CEO of Shanghai Commercial Bank.
“[In......
|
|
|
|
|
25.09.26 - 09:18
|
Aktien Asien: Japanische Aktien gefragt - Hongkong im Minus (DPA-AFX)
|
|
|
SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die asiatischen Aktienmärkte haben am Freitag uneinheitlich tendiert. Während es in Japan nach oben ging, verzeichneten Australien und Hongkong Verluste. An den chinesischen Festlandsmärkten, in Südkorea und Taiwan ......
|
|
|
|
|
25.09.26 - 07:30
|
HSBC, Hang Seng to unify staff benefits across Hong Kong from January: internal memos (SCMP)
|
|
|
HSBC and its main Hong Kong subsidiary, Hang Seng Bank, are set to harmonise their frameworks for employee benefits across the Asian financial hub from January 1, according to internal memos seen by the South China Morning Post.
The move aims to simplify benefit administration across both lenders, establish a common standard and facilitate internal career mobility within the city, the memos showed.
In an email to staff, HSBC Hong Kong CEO Maggie Ng said most existing benefits would improve or......
|
|
|
25.09.26 - 06:36
|
Morgan Stanley deal leak triggers rival poaching, security warnings for Hong Kong banks (SCMP)
|
|
|
After Morgan Stanley's leak of internal deal information in a client email, rival investment banks in Hong Kong are aggressively moving to poach clients dissatisfied with the breach, according to several people familiar with the matter.
Competitors are actively approaching companies named in the leaked document to pitch for their business, two rival bankers said, asking not to be identified due to the sensitivity of the issue.
An accidental disclosure of confidential information by a Morgan......
|
|
|
|
|
25.09.26 - 03:06
|
Hong Kong catching up with Dubai in ′super-prime′ property sales amid Iran war (SCMP)
|
|
|
Hong Kong has significantly narrowed Dubai's lead as the world's top market for “super-prime” residential property in recent months, as rising conflict weighs on activity in the Middle East market, according to Knight Frank.
Dubai retained first place for deals involving homes sold for US$10 million or more in the second quarter of the year, with 131 sales worth a combined US$2.17 billion, but the total value of those transactions fell 27 per cent compared with the previous quarter.
Hong Kong,......
|
|
Top- News zu Hong Kong (China) 24479.12 -0.84% (Hang Seng Kurs)
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
