mainland China

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Mainland Chinese buyers fuel 25% of Hong Kong home sales last quarter, Centaline says

Mainland Chinese homebuyers remain a strong driving force in Hong Kong’s residential property market, spending HK$38 billion (US$4.9 billion) to…

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New Business

As China, Hong Kong property markets stabilise, is it time for investors to quit Japan?

As Japan enters a new era with the likely election of Sanae Takaichi as the first female prime minister of…

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New Business

China’s pure-EV sales hit all-time high as new models, expiring tax breaks lure buyers

Sales of pure-electric vehicles (EVs) in mainland China hit an all-time high last month as consumers rushed to take advantage…

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New Business

Redefining Hong Kong: city remains key beneficiary of China’s continued opening up efforts

Hong Kong’s strength as an asset and wealth management hub stems from its role as the gateway to mainland China,…

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New Business

Prudential expands partnerships, AI adoption to capture cross-border business: CEO

Prudential Hong Kong will expand healthcare partnerships and explore more use of artificial intelligence to capture growing opportunities from people…

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New Business

NWD reports losses for second straight year as CEO says debt reduction efforts yield results

New World Development (NWD), controlled by one of Hong Kong’s richest families, reported losses for the second consecutive year even…

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New Business

Developer Seazen joins Chinese rush back to dollar bond market

Issuers from mainland China, Hong Kong and Macau are storming back into the offshore dollar bond market this year, driving…

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New Business

Hong Kong firms tap new Swap Connect rule to hedge yuan rate risks

Companies in Hong Kong moved swiftly on Monday to take advantage of a new Swap Connect rule that lets them…

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New Business

Fed’s rate cut to fuel property investment globally, but Hong Kong faces hurdles

The resumption of a policy easing cycle following the US Federal Reserve’s quarter-point interest-rate reduction is likely to spur more…

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New Business

Adrian Cheng sharpens focus on ‘transformative industries’ under new firm ALMAD Group

Adrian Cheng Chi-kong has launched a new business focused on “transformative industries”, including culture and healthcare, nearly three months after…

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