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26.08.26 - 12:48
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PwC International must face trial of Evergrande scandals claims: Hong Kong High Court (SCMP)
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The liquidators of collapsed developer China Evergrande Group have won a legal victory against PricewaterhouseCoopers (PwC) International, indicating that the firm and two other units of the accounting giant would need to jointly face the largest corporate lawsuit claims in Hong Kong, according to a court judgment on Wednesday.
Deputy High Court Judge Patrick Fung Pak-tung rejected the application by PwC International to be dismissed from the lawsuits involving claims by the liquidators of China......
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26.08.26 - 10:06
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China′s Amos Food plans Hong Kong listing to expand global sweets empire (SCMP)
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Chinese confectionery giant Amos Food is seeking a listing in Hong Kong, as the firm looks to capitalise on the viral popularity of its sweets brands by ramping up investment in its overseas operations.
Shenzhen-based Amos – known for its Peelerz peelable gummies and TastySounds music lollipops – has seen its sales soar over the past few years, especially in North America, where its sweets have become a sensation on the TikTok short video platform.
The firm's listing application, submitted to......
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26.08.26 - 06:00
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As more expats flock to Hong Kong, luxury home rents poised for further upswing (SCMP)
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Hong Kong's growing number of expatriates is boosting the city's residential property leasing market with luxury rents likely to rise by about 5 per cent this year and continue their upswing in 2027, according to property consultancy JLL.
The private residential rental index by the Rating and Valuation Department had surged by 18.5 per cent as of June to 205.8 from the Covid-19 pandemic trough in January 2023, which was 173.6, marking the first sustained breach of the 200 threshold.
“Hong Kong's......
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26.08.26 - 01:06
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Super-rich losing millions as some Hong Kong trophy homes sell at painful discounts (SCMP)
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Hong Kong has seen a string of cut-price deals for super-luxury homes in recent months, with financially pressured owners accepting eye-watering losses to exit the market even as demand for trophy homes remains strong.
Among the latest examples is the sale of a Bel-Air luxury house for HK$138 million (US$17.6 million), about HK$37 million below the price the former owner paid for the property in 2018.
The 3,792 sq ft house in Pok Fu Lam was bought for HK$175 million in 2018 by Shie Thomas,......
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26.08.26 - 01:00
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Hong Kong′s property, financial markets face test under cross-border anti-corruption law (SCMP)
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China's deliberation on its sweeping cross-border anti-corruption law may ripple through Hong Kong's financial and property markets, as Beijing seeks harsher punishments for corrupt officials and broadens its scrutiny of the massive pool of wealth transferred overseas.
Hong Kong remains in focus after the draft law was submitted on Tuesday to the standing committee of the national legislature for deliberation, analysts said.
The law was “designed to give mainland authorities a clearer statutory......
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25.08.26 - 18:00
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Bank of Singapore′s CIO Summit 2026 brings global perspectives to Hong Kong (SCMP)
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[The content of this article has been produced by our advertising partner.]
For much of the past three decades, investors benefited from an environment defined by globalisation, low inflation, ample liquidity and relative geopolitical stability.
Today, many of those assumptions are being challenged. Geopolitical fragmentation, technological disruption, demographic shifts and the reordering of global economic relationships are reshaping the investment landscape, prompting investors to rethink......
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25.08.26 - 09:01
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Aktien Asien: Leichte Gewinne nach schwachem Wochenstart (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Nach den Kursverlusten zu Wochenbeginn haben die Börsen im asiatisch-pazifischen Raum am Dienstag leichte Gewinne verzeichnet. Technologiewerte wurden durch schwache Vorgaben von der Wall Street belastet, erholten ......
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25.08.26 - 01:00
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Hong Kong housing rally faces test as property flippers retreat (SCMP)
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Hong Kong's housing rally faces a new test as investors who rode the first-half rebound become less active in quick-turn trades, leaving owner-occupiers and longer-term buyers to sustain the recovery.
Secondary home prices have continued to rise, with Centaline's leading index climbing 0.64 per cent to 162.16 on Friday, its highest level in three years.
But the short-term trading that accelerated alongside the rebound has pulled back sharply: transactions involving homes held for less than a......
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24.08.26 - 14:24
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Kerry Properties targets Hong Kong sites, eyes luxury market as mainland growth slumps (SCMP)
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Kerry Properties is targeting Hong Kong residential land sales and will consider recycling capital from existing assets, betting on a tighter local housing supply even as China's property downturn weighs on its mainland business.
The developer said it acquired three residential sites in Hong Kong in the first half, equal to about 235,000 sq ft of gross floor area, and that it would remain active in government land tenders.
“If you look at the government land auctions and MTR land tenders in the......
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24.08.26 - 12:00
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Hang Seng Bank doubles down on wealth hubs despite Beijing′s tighter investment scrutiny (SCMP)
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Hang Seng Bank says it continues to invest in its wealth centre network to capture growing demand from high-net-worth clients, even as Hong Kong's wealth management industry faces uncertainty amid Beijing's tighter scrutiny of mainland Chinese investors' cross-border investments.
The Hong Kong lender recently opened a new wealth management centre at Hysan Place in Causeway Bay, its second such facility after launching its first at Harbour City in Tsim Sha Tsui earlier this year.
The 6,300 sq ft......
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