|
|
|
10.02.26 - 13:36
|
Hong Kong residential plot fetches US$230 million as Chinese developer outbids city rivals (SCMP)
|
|
|
Hong Kong-listed mainland developer China Overseas Land & Investment won a bid for a 3,132-square-metre (33,712 sq ft) residential plot in Kowloon East, beating some of the city's largest developers with a higher-than-expected tender.
The state-backed developer beat eight rivals to secure a 50-year grant for the parcel in Ngau Tau Kok with its bid of HK$1.8 billion (US$230 million), according to a statement from the Lands Department on Tuesday. The site is expected to yield 470 flats.
The plot......
|
|
|
10.02.26 - 12:30
|
China′s property woes likely to hurt some Hong Kong banks′ 2025 earnings: Citi (SCMP)
|
|
|
China's commercial real estate stress will force some Hong Kong banks with significant exposure to the sector to set aside additional reserves for potentially higher non-performing loans, which could weigh on their second-half 2025 earnings, according to Citi.
In a report on Tuesday, Citi Research said Bank of China (Hong Kong) (BOCHK), the Hong Kong subsidiary of state-owned Bank of China, and Bank of East Asia (BEA) had the highest exposure to China's commercial real estate, which is under......
|
|
|
|
|
10.02.26 - 09:09
|
Aktien Asien: Deutliche Anschlussgewinne in Japan (DPA-AFX)
|
|
|
TOKIO/SHANGHAI/HONGKONG/SYDNEY (dpa-AFX) - Die asiatischen Börsen haben am Dienstag zumeist zugelegt. Von Japan abgesehen, hielten sich die Bewegungen allerdings in Grenzen. Die Börsen folgten mit ihrem Anstieg den Vorgaben der US-Technologiewerte. Hier ......
|
|
|
|
|
10.02.26 - 08:24
|
Hong Kong family offices jump 25% as the wealthy shift focus from US: Deloitte (SCMP)
|
|
|
Hong Kong housed nearly 3,400 single-family offices by the end of last year, a 25 per cent rise in two years, as the affluent refocused on the city amid US-centred trade tensions and the rise of China's tech sector, according to a report by Deloitte on Tuesday.
The global auditing firm made the estimates after surveying 136 market participants across Hong Kong's family office sector, including 85 single-family offices, whose wealth originated across all major regions, and 36 multi-family offices......
|
|
|
|
|
10.02.26 - 06:06
|
Chinese investors pour into Hong Kong-listed drug stocks as international deals multiply (SCMP)
|
|
|
Chinese onshore investors raised their investments in Hong Kong-listed drug makers through the cross-border trading link over the past week, as a wave of out-licensing deals between Chinese pharmaceutical firms and global partners rolls on.
The Hang Seng Southbound Connect Hong Kong Innovative Drug Index, which tracks around 40 of the largest Hong Kong-listed Chinese drug manufacturers, biotech researchers and AI-driven drug developers by market capitalisation, rose about 9 per cent between......
|
|
|
10.02.26 - 05:42
|
Pressestimme: ′Stuttgarter Zeitung′ zu Hongkong/Jimmy Lai (DPA-AFX)
|
|
|
STUTTGART (dpa-AFX) - "Stuttgarter Zeitung" zu Hongkong/Jimmy Lai:"Wer sich für Demokratie und Freiheit einsetzt, der hat Hongkong inzwischen verlassen. Allein rund 150 000 Bewohner der ehemaligen Kronkolonie zogen nach Großbritannien, nachdem die Proteste ......
|
|
|
10.02.26 - 04:42
|
Mainland AI chip supplier Axera trades flat in Hong Kong debut as investor frenzy cools (SCMP)
|
|
|
Chinese artificial intelligence system-on-chip (SoC) supplier Axera Semiconductor traded flat on its debut in Hong Kong on Tuesday, in contrast to the spectacular gains by some mainland Chinese chip companies in their initial public offerings in recent weeks.
Shares of the Zhejiang province-based firm opened at HK$28.20 apiece, the same as the offer price. The company issued 100 million shares, raising HK$2.96 billion (US$378.7 million). Axera attracted HK$22.34 billion from retail investors......
|
|
|
10.02.26 - 04:33
|
Rubio Slams ′Unjust′ Jimmy Lai Sentence After Hong Kong Court Issues 20 Years (ZeroHedge)
|
|
|
Rubio Slams 'Unjust' Jimmy Lai Sentence After Hong Kong Court Issues 20 Years
The high profile trial of Hong Kong's foremost pro-democracy media tycoon wrapped up in December, whereupon Jimmy Lai was found guilty of sedition. He had long spearheaded huge protests and local Hong Kong media criticism of Beijing, but came under legal hot water and scrutiny with the passage of the notorious China-imposed national security law.
Finally, on Monday he was handed a very harsh 20-year prison sentence, resulting in outrage and condemnations aimed at China from across the globe. This is effectively life in prison, or even a death sentence, for the 78-year old who also suffers various health problems.
via AP/Al Jazeera: Jimmy Lai walks through the Stanley Prison in Hong Kong on July 28, 2023
This is after he's already spent over five years in prison, and the trial alone lasted two years. He was first detained in August 2020 under Hong Kong's Beijing-imposed national security law, in wake of large...
|
|
|
10.02.26 - 04:00
|
Hong Kong stocks extend bounce-back from tech turbulence as risk sentiment returns (SCMP)
|
|
|
Hong Kong stocks gained, extending a rebound from a sell-off in technology companies, as traders returned to the risk-on mode on bets that the tumult has run its course.
The Hang Seng Index rose 0.9 per cent to 27,258.08 as of 10.37am local time. The Hang Seng Tech Index climbed 1.1 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.1 per cent.
CSPC Pharmaceutical Group rallied 5.5 per cent to HK$10.32, and biotech firm Innovent Biologics gained 5.3 per......
|
|
|
|
|
|
|
|
|
09.02.26 - 17:42
|
Tracing The Crypto Market Selloff: Hong Kong Hedge Funds, Or TradFi Cross-Asset Whales? (ZeroHedge)
|
|
|
Tracing The Crypto Market Selloff: Hong Kong Hedge Funds, Or TradFi Cross-Asset Whales?
Via Wu Blockchain,
Market Turmoil Sparks Rumors
In early February 2026, the crypto market saw a sharp correction, with Bitcoin briefly falling to around $60,000, its lowest level since November 2024. The selloff closely coincided with cross-asset deleveraging across traditional financial markets: equities declined markedly, while precious metals also suffered steep losses — silver posted one of its largest single-day declines on record, while gold saw its largest one-day drop since the early 1980s. Analysts broadly attributed the crypto downturn to rising macro uncertainty (such as reports of a more hawkish candidate for Federal Reserve chair) and large ETF outflows.
Against this backdrop, a narrative began circulating on crypto social media suggesting that the violent selloff was not driven purely by macro factors, but instead originated from the blow-up of a large fund forced to liquidate its Bitcoi...
|
|
|
|
|
|
|
09.02.26 - 14:24
|
Jimmy Lai, Hong Kong pro-democracy figure, sentenced to 20 years in prison (The Guardian)
|
|
|
Family of media tycoon say he will 'die a martyr behind bars' amid widespread criticism from press freedom groupsJimmy Lai, the media mogul and prominent pro-democracy activist, has been sentenced to 20 years in prison in Hong Kong for national security offences, a punishment his daughter said could mean “he will die a martyr behind bars”.Claire Lai said the sentence was “heartbreakingly cruel” given her 78-year-old father's declining health, while her brother Sebastien Lai called the sentence “draconian” and “devastating”. Continue reading......
|
|
|
|