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14.09.26 - 13:06
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Hong Kong malls see ′gradual recovery′ with new stores and events: Hang Lung CEO (SCMP)
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The outlook for shopping centres in Hong Kong is improving, and the business will thrive if operators use new stores and attractive events to counter locals' fondness for cross-border shopping trips, according to the CEO of Hang Lung Properties.
The company's malls recorded growth in July, and business would be “even better” in the fourth quarter owing to a full pipeline of new shops preparing to open, said Weber Lo Wai-pak on the sidelines of an event on Monday.
“Hong Kong shopping malls need......
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14.09.26 - 11:54
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Forms Syntron draws Hong Kong′s next-gen tycoons in HK$940 million IPO (SCMP)
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Hong Kong's younger generation of tycoons is becoming increasingly active in the city's initial public offering market through family offices and private investments. But their investments extend beyond the property and traditional financial sectors associated with their predecessors, into technology and digital finance.
Prominent business leaders Cheng Chi-heng of New World Development and Peter Lee Ka-kit of Henderson Land participated as cornerstone investors in Shenzhen Forms Syntron......
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14.09.26 - 10:12
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Hong Kong faces pressure to speed up trading hours review after South Korea′s move (SCMP)
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Hong Kong's stock market is facing fresh pressure to accelerate its review of longer trading hours after South Korea's main bourse extended its session by four hours on Monday, according to an industry player.
The Korea Exchange, South Korea's bourse operator, launched a real-time after-market from 4pm to 8pm in addition to regular trading from 9am to 3.30pm.
It also signalled ambitions to expand to nearly 24-hour trading, following similar plans by Nasdaq and the London Stock Exchange.
The......
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14.09.26 - 01:00
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Hong Kong aims to scale its tech ecosystem and nurture more unicorns: HKSTP CEO (SCMP)
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Hong Kong is intensifying efforts to attract technology start-ups and nurture unicorns through expanded financial support via a key government-backed platform, leveraging the city's booming fundraising activities and world-class financial infrastructure.
Investors are displaying an increased appetite for the local tech scene compared with a decade ago – a trend that Terry Wong Ping-sau, CEO of the Hong Kong Science and Technology Parks Corporation (HKSTP), said was a positive sign for the city's......
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14.09.26 - 00:31
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Hong Kong Production, PPI Data Due On Monday (AFX)
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BEIJING (dpa-AFX) - Hong Kong will on Monday release Q2 figures for industrial production and producer prices, highlighting a modest day for Asia-Pacific economic activity.In the previous three mo......
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13.09.26 - 10:00
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Rise and fall of Hong Kong′s ′shop kings′: How plunging rents, debt crushed their empires (SCMP)
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They were the “shop kings” of Hong Kong, owning dozens of properties in the same district and even the same street. But over the past few years many of these landlords have gone bankrupt, hit by the collapse in post-pandemic rents and tighter bank lending.
Shop prices in the city have fallen more than 40 per cent from their 2018 peak, but they may not have hit rock bottom yet, according to Centaline Commercial.
“There does not appear to be any clear sign of a turnaround today, nor any glimmer of......
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11.09.26 - 11:06
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Mainland Chinese investors to drive Hong Kong wealth boom despite new tax rules: report (SCMP)
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Hong Kong banks expect the contribution of mainland Chinese investors to the city's wealth management business to continue to grow through 2030, presenting opportunities despite Beijing's tightened cross-border tax rules.
Mainland China's share of local assets under management was projected to reach 68 per cent from 59 per cent within five years, according to a report released by the Hong Kong Association of Banks (HKAB) and Deloitte China on Friday.
The report surveyed 147 member banks in the......
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11.09.26 - 10:00
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Hang Seng rolls out five wealth management strategies (SCMP)
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[The content of this article has been produced by our advertising partner.]
Hong Kong's wealth landscape has evolved well beyond single-product investing, with more families now taking an integrated approach to planning that strengthens financial resilience, supports lifestyle continuity and enables long-term stewardship across generations. Hang Seng Bank is leaning into that shift by rolling out five wealth strategies: optimising the service network; shifting focus to family wealth planning;......
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11.09.26 - 09:06
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Aktien Asien: Gestiegene Ölpreise drücken Börsen ins Minus (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die asiatischen Aktienmärkte haben am Freitag Verluste verzeichnet. Damit folgten sie schwachen Vorgaben von der Wall Street. Die wegen des Nahost-Konflikts deutlich gestiegenen Ölpreise schürten bei den Anlegern ......
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