https://www.scmp.com/rss/519825/feed John Siah is a research analyst at Oriental Patron Securities Limited. He has worked in equities and macro economic research for over 10 years. He is also a regular economics research contributor to a local think tank, the South Shore Development Centre, that advises non-profit-making organisations in Hong Kong. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Macau has always presented itself as a bustling, world-class entertainment venue, with its thriving tourism and the gaming industry. In recent years, Macau has become a major offshore Chinese bond market, which is a milestone for the city’s efforts to broaden its economy and reduce reliance on gaming industry. Like Hong Kong, Macau benefits from the “one country, two systems” model and enjoys similar economic support. In recent years, the city has moved to boost its appeal in the financial... https://www.scmp.com/opinion/china-opinion/article/3293689/how-macaus-rise-financial-hub-opens-doors-hong-kong?utm_source=rss_feed https://www.scmp.com/opinion/china-opinion/article/3293689/how-macaus-rise-financial-hub-opens-doors-hong-kong?utm_source=rss_feed Tue, 07 Jan 2025 08:30:08 +0000 The fortunes of Hong Kong’s property market have reversed and it is now struggling to overcome the challenge of high interest rates amid a less-than-scintillating outlook for the city’s economy. The Centa-City Leading Index (CCL), the city’s benchmark index for residential prices, has fallen by more than a quarter since reaching its peak in August 2021. Dark clouds are gathering for Hong Kong developers. Poor residential sales have generated large amounts of inventory piling up. Meanwhile, the... https://www.scmp.com/opinion/hong-kong-opinion/article/3279711/forget-laissez-faire-hong-kong-must-halt-property-market-decline?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3279711/forget-laissez-faire-hong-kong-must-halt-property-market-decline?utm_source=rss_feed Tue, 24 Sep 2024 21:30:07 +0000