|
|
|
06.11.26 - 13:06
|
Crypto heavyweight Solana eyes Hong Kong expansion to tap growing tokenisation demand (SCMP)
|
|
|
Solana Company, one of the world's largest blockchain networks, plans to expand in Hong Kong to tap the city's growing demand for tokenisation, according to a senior executive.
“I believe that the biggest opportunity for Solana is actually in [the Asia-Pacific region],” Solana Company chairman and CEO Joseph Chee said in an interview in Hong Kong earlier this week.
Founded in the US in 2018, the company is behind one of the most popular cryptocurrencies. With a market capitalisation of about......
|
|
|
|
|
06.11.26 - 09:06
|
Dutch asset manager Robeco planning to expand presence in Hong Kong (SCMP)
|
|
|
Dutch asset management firm Robeco is planning to expand its presence in Hong Kong to ride the robust wave of wealth creation in the Asia-Pacific region, CEO Karin van Baardwijk said this week.
The Rotterdam-headquartered firm, which had client assets totalling US$464 billion in June, would move into a bigger office “very soon”, van Baardwijk said in an interview.
She said Asia was one of “the fastest-growing” wealth markets and Hong Kong had demonstrated its “enduring role as a genuinely global......
|
|
|
06.11.26 - 07:12
|
Hong Kong property investors buck Asia-Pacific buying shift, survey shows (SCMP)
|
|
|
Hong Kong's property market is bucking a wider shift towards selling across Asia-Pacific, with three-quarters of market professionals reporting stronger buying intentions among their clients, even as rising borrowing costs are making investors across the region more cautious.
About 75 per cent of respondents in Hong Kong reported stronger buying intentions in the third quarter, up from 71 per cent in the first quarter, making the city an outlier in a region where more investors are looking to......
|
|
|
06.11.26 - 06:36
|
Hong Kong′s Exchange Fund earnings tumble 74% as HKMA warns of more market turbulence (SCMP)
|
|
|
Hong Kong's Exchange Fund, the war chest used to defend the local currency, reported a 74 per cent tumble in third-quarter earnings amid pervasive market uncertainty, the Hong Kong Monetary Authority (HKMA) said on Friday.
Earnings totalled HK$18.6 billion (US$2.4 billion) in the quarter, plunging from HK$70.8 billion a year earlier. For the first nine months of 2026, total earnings reached HK$171.9 billion, down 39.6 per cent from the same period last year.
The Exchange Fund's Hong Kong......
|
|
|
|
|
06.11.26 - 05:18
|
HKEX posts first quarterly profit decline in over 2 years as Hong Kong market cools (SCMP)
|
|
|
Hong Kong Exchanges and Clearing (HKEX), the operator of Asia's third-largest stock market, has reported its first year-on-year decline in quarterly profit in over two years amid a slowdown in market turnover, with profits falling 10 percent to the previous quarter.
Net profit for the three months to September fell 1 per cent year on year to HK$4.859 billion (US$620 million), or HK$3.84 per share, but beating analysts' estimates of HK$4.7 billion, according to an exchange filing on Friday.
This......
|
|
|
06.11.26 - 03:00
|
Tech stocks lead declines in Hong Kong, mainland China on US$2.3 trillion carnage in US (SCMP)
|
|
|
Stocks in Hong Kong and mainland China dropped on Friday, tracking a meltdown in US technology companies that erased more than US$2 trillion in market value on concerns that a Democrat-controlled Congress could upend AI infrastructure buildouts.
The Hang Seng Index fell 1.5 per cent to 24,458.68 by 9.32am, while the Hang Seng Tech Index slumped 2.1 per cent.
The mainland's CSI 300 Index sank 1.8 per cent and the Star 50 gauge, which has a big exposure to AI chipmakers, tumbled 3.5 per......
|
|
|
06.11.26 - 02:48
|
′Mindful′ of AI exposure: wealth managers at Hong Kong summit urge balance in portfolios (SCMP)
|
|
|
Executives at a private wealth conference in Hong Kong have highlighted AI infrastructure as a booming “defence plus growth” investment opportunity, while cautioning investors against portfolios that are overreliant on artificial intelligence.
“Infrastructure opportunities now really lie at the bottleneck of solving [AI's] demands within structural growth,” the head of Hong Kong managed investments and wealth solutions at Standard Chartered Bank, Sabina Chiang, said during a panel discussion at......
|
|
|
06.11.26 - 00:00
|
Hong Kong developer Hysan′s Lee Garden Eight draws law firm out of Central: sources (SCMP)
|
|
|
Hong Kong law firm Woo Kwan Lee & Lo is reportedly relocating to Causeway Bay after more than five decades in Central's Jardine House, reserving about 39,000 square feet in Hysan Development's Lee Garden Eight in a major lease for the new commercial complex.
Market sources identified the firm as the incoming tenant at Lee Garden Eight, which is scheduled for completion this quarter. The firm will occupy an entire low to middle floor, according to local media reports. The firm declined to......
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05.11.26 - 08:00
|
US asset manager Federated Hermes opens Hong Kong office to tap China′s tech rise (SCMP)
|
|
|
US asset manager Federated Hermes has opened its office in Hong Kong, after two years of preparation, joining a wave of international financial giants competing for growth in the Asia-Pacific region.
The company, which managed US$884 billion worth of assets as of September, considered a Hong Kong office two years ago and its board approved a plan a year later. Its office in the Nexxus Building in Central adds to its Asia-Pacific footprint in Singapore, Tokyo and Sydney.
“Hong Kong is a premier......
|
|
|
|