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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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02.10.26 - 11:06
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Hong Kong IPOs falter, China aids homebuyers, EU trade talks (SCMP)
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Hong Kong stock debuts are losing steam as a deluge of initial public offerings (IPOs) overwhelms investor appetite.
Seven of September's 12 IPOs fell on the first day of trading, raising the third-quarter total to 15 flops out of 31, based on Bloomberg data. By contrast, there were only 14 declines among 77 debuts in the first half of the year.
Medcaptain Medical Technology led September's first-day flops, plunging 43 per cent. Fast-fashion giant Shein tumbled as much as 10 per cent on its......
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02.10.26 - 09:06
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Hong Kong ranks 7th globally in drawing next wealthy class – trailing Singapore: study (SCMP)
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Hong Kong ranked seventh globally as a destination for attracting and retaining the next generation of high-net-worth individuals (HNWIs), trailing traditional rival Singapore in sixth place, according to a Savills study.
The two top finance hubs in the Asia-Pacific region have been stepping up efforts to strengthen their positions as regional wealth-management hubs amid an unprecedented global transfer of wealth between generations.
“Hong Kong offers many incentives similar to Singapore,”......
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02.10.26 - 08:12
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Hong Kong Stocks Suffer Biggest Slump Since March (Bloomberg)
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“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)...
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02.10.26 - 07:48
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Hong Kong users caught offguard as Anthropic tightens VPN access to Claude (SCMP)
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US artificial intelligence company Anthropic appears to have stepped up enforcement of geographical restrictions on its Claude models in Hong Kong, with local users reporting abrupt account suspensions after accessing the service through virtual private networks (VPNs).
A wave of complaints surfaced on social media platforms X and Reddit on Thursday, as users who had operated accounts for months using VPNs found them suddenly disabled.
One Hong Kong-based user posted on the “r/claude” subreddit......
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