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17.05.26 - 05:30
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Every window a solar panel: Australia-China joint venture to set up in Hong Kong (SCMP)
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ClearVue Technologies, an Australian solar technology company, will set up a joint venture with a Chinese partner in Hong Kong to produce power-generating glass for building facades, a concept seen as timely given rising energy prices amid geopolitical tensions.
The Australian Securities Exchange-listed firm aims to take advantage of the manufacturing prowess of mainland China to provide “affordable” glass for commercial buildings via the joint venture with vacuum-glass maker LandVac, said Doug......
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17.05.26 - 04:00
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Fresh concepts lift Hong Kong retail property as tourists and consumers return (SCMP)
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Hong Kong's retail property market is gradually building momentum as spending and confidence of consumers and tourists return, according to analysts.
Unlike the city's past peak rental levels, however, this time the tenant mix was more diversified, with retailers offering unique experiences and products that enhanced their appeal to shoppers, they said.
“We see structural shifts towards more experience-driven and diversified tenant mixes, rather than a full return to past peak rental levels,”......
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16.05.26 - 04:06
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Hong Kong market regulator takes on ′collection agent′ role for wronged investors (SCMP)
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On a warm Saturday in early May, the kind of day most would choose to spend on a hike or at the beach, hundreds of Hongkongers instead stood for hours in a queue at Edinburgh Tower in Central.
But despite the loss of a pleasant weekend afternoon, none would be likely to consider it time wasted. They were there claim their fair share of HK$1.5 billion (US$191 million) owed to independent shareholders of Giordano International in the largest settlement on record by the city's Securities and......
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15.05.26 - 14:00
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6 bids for Hong Kong land sale signal renewed confidence despite market caution (SCMP)
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The Hong Kong government's first land sale in the current financial year has drawn six bids, according to the Development Bureau, including those from the city's largest developers, suggesting a more confident outlook for the residential property market.
At the close of tender for Tung Chung Town Lot No 54 at Area 106A on Friday noon, Sun Hung Kai Properties (SHKP) submitted a solo bid, while Kerry Properties and Sino Land submitted a joint offer, the groups separately confirmed to the South......
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15.05.26 - 00:30
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Hong Kong GDP Data Due On Friday (AFX)
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HONG KONG (dpa-AFX) - Hong Kong will on Friday release Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. In the previous three months, GDP was up......
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14.05.26 - 13:00
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Chow Tai Fook turns from tenant to owner with US$51 million Hong Kong school property deal (SCMP)
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Chow Tai Fook Enterprises, the private investment vehicle of Hong Kong property tycoon Henry Cheng Kar-shun's family, and related parties, has acquired a Taikoo Shing school campus from Swire Properties in a deal estimated at about HK$400 million (US$51 million), which analysts described as a bet on long-term demand for international schools in the city.
The deal – nearly doubling the property's valuation from an internal transfer in late 2023 at HK$213 million – marks a change from leasing to......
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14.05.26 - 01:00
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Hong Kong′s Central office rents set to reverse multi-year slump with gains in second half (SCMP)
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Office rents in Hong Kong's Central district are expected to rise faster in the second quarter of the year, according to analysts, a reversal of a multi-year slump that began in the second half of 2019.
The latest forecast was made by US bank Citi, which said premium offices in the city's main business zone had seen rents rise 1.7 per cent from a trough in October, with room for further increments between the second half this year and 2027.
“Lease negotiation dynamics had started to favour......
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13.05.26 - 11:30
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Hong Kong′s first biodiversity loan goes to Henderson Land for Central Yards green spaces (SCMP)
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Henderson Land Development secured the first biodiversity loan in Hong Kong, receiving around HK$100 million (US$12.8 million) from HSBC and Hang Seng Bank for green initiatives at Central Yards, the company's flagship mixed-use development on the New Central Harbourfront.
This loan would provide a “scalable blueprint” for companies to achieve their sustainability goals and enhance Hong Kong's position as a leading international sustainable finance centre, according to the two banks.
The......
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13.05.26 - 09:12
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Aktien Asien: Südkoreanische Börse deutlich erholt (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die asiatisch-pazifischen Börsen haben am Mittwoch erneut uneinheitlich tendiert. Dabei waren die Veränderungen zumeist eher gering. Ausnahme war der südkoreanische Markt, der sich von den Vortagesverlusten erholte....
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