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06.02.26 - 11:42
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Kowloon East site attracts nine bids as Hong Kong housing outlook brightens (SCMP)
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Hong Kong's tender for a 3,132 square metre (33,712 sq ft) residential plot in Ngau Tau Kok, Kowloon East, has drawn nine bids, according to the Development Bureau.
The site was estimated to be worth as much as HK$1.55 billion (US$198 million), according to real estate services provider CBRE.
Sun Hung Kai Properties, Henderson Land Development and CK Asset Holdings submitted bids individually, while Sino Land and Great Eagle Holdings made a joint offer, the groups confirmed separately on......
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06.02.26 - 07:54
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Syngenta eyes return to markets with potential US$10 billion Hong Kong debut (SCMP)
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Leading agricultural technology firm Syngenta Group is considering a Hong Kong listing that could raise as much as US$10 billion, in what would rank among the city's largest initial public offerings (IPOs) in recent years.
The Swiss-founded company, acquired by Chinese state-owned Sinochem in 2017, is in talks with investment banks to arrange the share sale, sources told the South China Morning Post.
CICC and UBS are among the banks that are advising on the listing. Both banks declined to......
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06.02.26 - 03:12
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Hong Kong stocks plunge, led by mainland tech firms, amid global sell-off in gold, crypto (SCMP)
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Hong Kong stocks fell on Friday, headed for a weekly loss, as a sell-off in technology stocks continued and dropping prices for gold, silver and cryptocurrencies rattled investors.
The Hang Seng Index dropped 2 per cent to 26,354.34 at the open. The Hang Seng Tech Index lost 2.4 per cent. On the mainland, the CSI 300 Index fell 1 per cent and the Shanghai Composite Index lost 0.9 per cent.
Technology heavyweights led losses. Search-engine operator Baidu slumped 4.3 per cent to HK$134.80, and......
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06.02.26 - 02:48
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China′s biggest pork producer Muyuan has subdued Hong Kong share debut (SCMP)
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Shares of China's biggest pig breeder Muyuan Foods opened flat in their Hong Kong debut on Friday, reflecting a cooling in the city's red-hot initial public offering (IPO) market as retail investors turn more cautious.
The world's largest hog firm's shares first changed hands at the offer price of HK$39.
Muyuan raised HK$10.7 billion (US$1.4 billion) after pricing the shares at the top of the marketed range, which marked a discount of more than 25 per cent versus its Shenzhen-traded shares based......
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05.02.26 - 12:48
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′Faster and safer′: Hong Kong to allow resale home payments through direct bank transfers (SCMP)
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Hong Kong's de facto central bank said on Thursday it will allow most second-hand residential property transactions to be settled through direct bank transfers, giving homebuyers and sellers a faster and safer alternative to cheque-based payments.
The Hong Kong Monetary Authority said the expanded Payment Arrangements for Property Transactions (PAPT) scheme would take effect on February 28, covering the bulk of resale home deals in the city. The announcement was made jointly with the Hong Kong......
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05.02.26 - 12:06
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Presse: Syngenta strebt Börsengang in Hong Kong an (Cash)
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- Der Pflanzenschutz- und Saatguthersteller Syngenta steht einem Medienbericht zufolge vor der Rückkehr an die Börse. Die Gruppe strebt eine Notierung an der Hongkonger Börse an, mit der in diesem Jahr bis zu 10 Milliarden US-Dollar eingenommen werden könnten, wie Reuters am Donnerstag unter Berufung auf informierte Quellen schreibt....
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05.02.26 - 11:36
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Did Blackpink′s Jisoo splash out US$57 million on 2 Hong Kong trophy homes? (SCMP)
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A company bearing the same name as Blackpink member Jisoo's label has bought two homes in one of Hong Kong's most exclusive enclaves for about HK$447.2 million (US$57.2 million), according to government filings.
Two units on Happy Valley's Blue Pool Road were acquired by an entity called Blissoo Limited in a deal registered on Tuesday, Land Registry records showed.
The South Korean girl group Blackpink staged three sold-out concerts in Hong Kong's Kai Tak Stadium from January 24 to 26.
Blissoo......
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