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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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24.08.26 - 11:12
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Alibaba′s record stock sale adds to Hong Kong tech flood (SCMP)
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Alibaba raised HK$80 billion (US$10.2 billion) in a record Hong Kong secondary stock sale as the e-commerce giant pours money into artificial intelligence (AI).
Shares were priced at HK$112.70 apiece, an 8.4 per cent discount to Friday's close, according to a Hong Kong stock exchange filing. The Hangzhou-based company, which owns the South China Morning Post, closed at HK$112.50 on Monday.
All of the sale proceeds will support Alibaba's AI drive, with the company planning to spend more than 380......
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24.08.26 - 08:48
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Alibaba Raises $10 Bln in Record Hong Kong Share Sale (Bloomberg)
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Alibaba raised HK$80 billion ($10.2 billion) in Hong Kong's biggest secondary share sale. The online retail giant-turned-AI player sold 710 million shares at HK$112.7 each. Its shares slid as much as 10% Monday morning, their steepest drop since April 2025. Bloomberg's Anthony Stephens reports.
(Source: Bloomberg)...
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24.08.26 - 08:00
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Fast-fashion giant Shein aims for $27bn valuation in Hong Kong market debut (The Guardian)
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Known for selling cheap clothing, the online retailer has seen its value drop sharply from earlier estimates amid scrutiny over its environmental footprintShein will debut on the Hong Kong stock exchange on 1 September, the fast-fashion retailer said on Monday, in a long-awaited listing that would value the group at close to $27bn.Founded in China and now headquartered in Singapore, the online retailer secured Beijing's approval last month to make its initial public offering in Hong Kong. Continue reading......
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24.08.26 - 04:24
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Building the Future: How BTRi Is Positioning Hong Kong as the Global Gateway for Construction Innovation (SCMP)
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[The content of this article has been produced by our advertising partner.]
Hong Kong is pursuing its most ambitious development agenda in a generation, led by the Northern Metropolis, with the backing of the Hong Kong's First Five-Year Plan which proactively aligns with the national development strategies in the National 15th Five-Year Plan. Yet delivering Hong Kong's development ambitions will require the industry to address long-standing challenges in productivity, cost-effectiveness, quality......
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24.08.26 - 03:30
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Shein seeks to raise up to US$1.76 billion in Hong Kong initial public offering (SCMP)
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Fast-fashion retailer Shein Global Holdings is seeking to raise as much as HK$13.85 billion (US$1.76 billion) in a Hong Kong initial public offering (IPO) that was initially planned four years ago.
Shein will sell 279 million shares at HK$47.6 to HK$49.5 each, according to a filing to the city's stock exchange on Monday.
Shein began taking investor orders on Monday, with trading expected to start on September 1.
Cornerstone investors – who will get guaranteed allocations in exchange for holding......
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Top- News zu Hong Kong (China) 25597.207 -1.27% (Hang Seng Kurs)
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