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24.06.26 - 12:00
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Mainland Chinese mining executive buys Hong Kong trophy home at US$28m receivership sale (SCMP)
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The president of a Shanghai-listed mining company has been identified as the buyer of a luxury house in Hong Kong's Stanley district, paying HK$220 million (US$28 million) for a receiver-owned property, as lenders accelerate the disposal of distressed assets and wealthy mainland Chinese buyers return to the market.
Land Registry records showed a house at 33 Tung Tau Wan Road changed hands on June 1, with the purchaser registered as Permanence International Hong Kong. Company Registry filings......
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24.06.26 - 11:06
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Hong Kong readies offshore yuan initiatives after Shanghai move (SCMP)
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Hong Kong's finance chief says the city is planning new measures to boost offshore yuan trading, days after mainland Chinese authorities took steps to spur such trading in Shanghai.
The initiatives will be announced next month, Financial Secretary Paul Chan Mo-po said in an interview with the South China Morning Post published on Monday. He declined to elaborate on the new measures.
Hong Kong also wants to see more companies offering yuan-denominated shares on the city's stock exchange, Chan......
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24.06.26 - 09:36
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Apple supplier Luxshare Precision Industry passes hearing for Hong Kong listing (SCMP)
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Luxshare Precision Industry, a key player in Apple's AirPods and iPhone supply chains, passed a listing hearing for the Hong Kong Stock Exchange (HKEX), joining a wave of mainland Chinese technology manufacturing giants seeking diversified capital in the city.
The Shenzhen-listed firm cleared the regulatory hurdle for a Hong Kong listing on Tuesday, days after receiving a greenlight from the China Securities Regulatory Commission for the offshore plan.
The deal counts Citic Securities, Goldman......
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24.06.26 - 05:01
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AirPods Maker Luxshare Gauges Interest for $3 Billion Hong Kong Listing (Bloomberg)
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Electronics manufacturer Luxshare Precision Industry Co. has started gauging interest for a Hong Kong listing that may raise about $3 billion, according to people familiar with the matter who asked not to be identified to discuss a private matter, moving toward what could be one of the city's biggest deals this year....
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24.06.26 - 03:54
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Hong Kong stocks rebound, in contrast to overnight sell-offs in US (SCMP)
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Hong Kong stocks rebounded on Wednesday, bucking an overnight rout in US stocks spurred by jitters about frothy technology company valuations and an unwinding of leveraged bets on South Korean chipmakers.
The Hang Seng Index rose 0.6 per cent to 23,482.58 by 9.33am. The Hang Seng Tech Index gained 1 per cent. Mainland China's CSI 300 Index slipped 0.1 per cent.
US stocks tumbled overnight, battered by sell-offs in technology stocks on growing concerns about the rapid pace of share price rises......
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24.06.26 - 02:06
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Creditors in aggressive push to sell 2 Hong Kong hotels amid banks′ drive to cut losses (SCMP)
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Receivers and agents of the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton have expressed confidence in finally finding a buyer for the dual-branded complex – which together make up Hong Kong's third-largest hotel by room numbers – as creditors move to dispose of the asset.
Sole agent Savills is holding a formal tender that is expected to close on August 31 for the 1,219-room property on Lantau Island, near the Tung Chung MTR station and the Hong Kong International......
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23.06.26 - 18:00
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The Intelligence Revolution: Redefining Out-of-Home Media in Hong Kong (SCMP)
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[The content of this article has been produced by our advertising partner.]
In Hong Kong, a city that famously moves at the speed of light, the modern challenge for brands is no longer just about generating broad awareness, it is about delivering the right message at precisely the right time. Rooted in the city with a distinguished heritage, MTR* advertising is Hong Kong's undisputed No.1 Out-of-Home (OOH) media.
The OOH market leader has grown hand-in-hand with the city's infrastructure, and......
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23.06.26 - 11:06
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Hong Kong recorded ′robust′ growth in ultra-wealthy class in 2025: Altrata (SCMP)
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Hong Kong recorded explosive growth in its population of ultra-wealthy residents last year thanks to an equity-market revival, real estate and investment reforms, and rising demand for wealth-management services, according to a recent study.
The city's headcount of ultra-high-net-worth (UHNW) individuals – defined as those with net assets exceeding US$30 million – expanded by more than a quarter in 2025 on a year-on-year basis, rising 26.4 per cent to nearly 18,300 according to Altrata.
The New......
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23.06.26 - 01:45
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China Gold Imports Soar To Two Year High, As Hong Kong Gold Bar Imports Surge Ahead Of Clearing System Launch (ZeroHedge)
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China Gold Imports Soar To Two Year High, As Hong Kong Gold Bar Imports Surge Ahead Of Clearing System Launch
China's monthly gold imports reached their highest in more than two years in May, showing the world's biggest buyer's appetite for bullion remained resilient as prices remained under pressure; the number prompted some to scratch their heads as to where all this gold is going in light of tepid official central bank purchases, coupled with the lowest gold withdrawals from the Shanghai Gold Exchange since the covid outbreak.
As Bloomberg reports, imports were around 163 tons last month, the highest since March 2024, according to customs data released on Saturday. Volumes for the first five months of 2026 were about 692 tons, up by about 76% from a year earlier.
Chinese demand for physical bullion bars, as well as metal linked to gold accumulation plans (low-barrier products that allow investors to buy gold incrementally), have been among the main drivers of the surge, said Song Ji...
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23.06.26 - 00:42
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Singapore, Hong Kong To Release Inflation Data (AFX)
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CANBERA (dpa-AFX) - Singapore will on Tuesday release May numbers for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In April, overall inflation was down 0.3 percen......
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