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08.10.26 - 14:00
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Amid battle for AI edge, Hong Kong presses HSBC over Singapore hub decision: sources (SCMP)
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As Hong Kong and Singapore compete for leadership in businesses ranging from foreign exchange trading to wealth management, the battleground has extended to artificial intelligence, with both cities vying to attract investment from HSBC Holdings and other major corporations, according to industry players.
The issue came into focus after the Hong Kong Monetary Authority (HKMA) questioned HSBC about its decision to set up an AI centre in Singapore, despite Hong Kong being its single largest......
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08.10.26 - 10:12
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Hong Kong IPO boom at risk as cornerstone backers get cold feet, sources say (SCMP)
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Exuberance among cornerstone investors in Hong Kong's booming initial public offering (IPO) market seems to be fading, forcing some issuers that had hoped to list this month to postpone their offerings.
With more than 60 per cent of new listings in the third quarter now trading below their issue prices, cornerstone investors – who typically receive guaranteed allocations in exchange for holding shares for six months – are reconsidering whether to subscribe to coming deals, according to people......
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08.10.26 - 09:24
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Aktien Asien: Verluste - Samsung-Zahlen nicht stark genug (DPA-AFX)
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SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die größeren Börsen in Asien haben am Donnerstag weiter nachgegeben. Damit bauten sie ihre Vortagesabgaben aus. An den chinesischen Festlandbörsen wurde nach der "Goldenen Woche" wieder gehandelt. "Belastungsfaktoren ......
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08.10.26 - 01:00
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Hong Kong banks grow cautious on One Stanley mortgages amid investigation (SCMP)
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The furore over alleged construction defects at luxury development One Stanley threatens to cast a shadow over Hong Kong's recovering super-prime property market, as banks hold off on mortgages and property agents suspend viewings at the complex while an investigation continues.
“Most [banks] are adopting a wait-and-see approach,” said Eric Tso Tak-ming, chief vice-president at mReferral Mortgage Brokerage Services, adding that lenders were likely to take a more cautious approach to mortgage......
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07.10.26 - 13:36
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Hong Kong tech index to harness fast-growth companies in bid for better performance (SCMP)
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Hong Kong's stock index compiler will add 10 fast-growing companies with at least HK$500 million (US$64 million) in annual sales into the city's technology-focused benchmark in a bid to revitalise an index that has missed out on artificial intelligence-driven gains.
The threshold is among a set of new measures Hang Seng Indexes Company will use to reform the Hang Seng Tech Index, which is referred to as Hong Kong's answer to the Nasdaq but has lost its shine relative to global peers, falling 23......
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07.10.26 - 11:00
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Why Morgan Stanley sees more upside in Hong Kong offices than New York towers (SCMP)
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Higher interest rates have weighed on property markets in both Hong Kong and New York, but Morgan Stanley sees greater upside potential in the Asian financial hub – particularly the office segment – in the months ahead, according to its latest report.
The US investment bank highlighted the similarities between two of the world's leading financial centres, pointing out that Hong Kong's monetary policy moved in lockstep with the US Federal Reserve, while both cities faced limited land supply,......
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07.10.26 - 03:00
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Hong Kong′s MPF has gained nearly HK$100b this year despite September loss: report (SCMP)
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Hong Kong's Mandatory Provident Fund (MPF) recorded a loss in September but still made overall gains of nearly HK$100 billion (US$12.8 billion) over the first nine months of the year, according to data from MPF Ratings released on Wednesday.
The 382 investment funds under the MPF schemes delivered a 6.2 per cent average return in the first nine months, despite losing 1.47 per cent in September, the consultancy found. In monetary terms, they earned HK$96.9 billion over the first three quarters,......
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07.10.26 - 01:00
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Hong Kong′s first-store appeal grows as more Japanese, South Korean and Thai brands arrive (SCMP)
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Japanese, South Korean and Thai brands have increased their share of new entrants in Hong Kong's retail property market by 7 percentage points to more than one-third in the first nine months of 2026, while the demand for shops from mainland Chinese brands has slipped, according to Cushman & Wakefield.
A slew of new brands helped lift the combined share of Japanese, South Korean and Thai brands to a three-year high, according to Cushman, which said it expected the trend to continue.
This year,......
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06.10.26 - 15:18
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Hong Kong land sale stuns market as HK$4.3b bid hits 5-year Kowloon high (SCMP)
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Kerry Properties has won a land plot in Ho Man Tin for HK$4.31 billion (US$549 million), the highest price paid for a residential site in Kowloon in nearly five years, as developers show confidence in demand for luxury homes.
The site on Fat Kwong Street sold at HK$20,738 per square foot of gross floor area, the highest land premium for a residential site in recent years, according to Vincent Cheung, managing director of valuation firm Vincorn Consulting and Appraisal.
The last time a Kowloon......
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