https://www.scmp.com/rss/521956/feed Jane Street Asia: A prominent entity in the financial services sector, Hong Kong-based Jane Street Asia is part of a global quantitative trading firm and liquidity provider. Specialising in algorithmic trading and market making across diverse asset classes, including ETFs, equities, and fixed income, they primarily serve institutional clients. Known for their technology-driven approach and significant market share in liquidity provision, the firm recently secured a record lease in Central, Hong... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Cheryl Arcibal Cheryl Arcibal Henderson Land Development secured the first biodiversity loan in Hong Kong, receiving around HK$100 million (US$12.8 million) from HSBC and Hang Seng Bank for green initiatives at Central Yards, the company’s flagship mixed-use development on the New Central Harbourfront. This loan would provide a “scalable blueprint” for companies to achieve their sustainability goals and enhance Hong Kong’s position as a leading international sustainable finance centre, according to the two banks. The... https://www.scmp.com/business/article/3353428/hong-kongs-first-biodiversity-loan-goes-henderson-land-central-yards-green-spaces?utm_source=rss_feed https://www.scmp.com/business/article/3353428/hong-kongs-first-biodiversity-loan-goes-henderson-land-central-yards-green-spaces?utm_source=rss_feed Wed, 13 May 2026 09:30:05 +0000 Peggy Ye Peggy Ye Major Hong Kong developers Henderson Land Development and Kerry Properties both reported mixed 2025 results, with stronger home sales partly offsetting softer rental income and a subdued commercial property market. The earnings underscored how the city’s developers are shifting focus towards projects that can still generate cash flow, mainly high-end housing in Hong Kong and top-tier mainland cities, while waiting for offices and retail to recover. Recent geopolitical tensions, including the... https://www.scmp.com/business/companies/article/3347616/hong-kongs-henderson-land-trims-dividend-iran-clouds-outlook-china-slump-lingers?utm_source=rss_feed https://www.scmp.com/business/companies/article/3347616/hong-kongs-henderson-land-trims-dividend-iran-clouds-outlook-china-slump-lingers?utm_source=rss_feed Mon, 23 Mar 2026 11:51:28 +0000 Peggy Ye Peggy Ye When Alex Barnes and his team finally closed the two largest single-tenant office leasing deals Central has seen in more than a decade, the outcome was decisive – but the path there was anything but quick. Barnes, the co-CEO in Greater China and managing director in Hong Kong, Taiwan and Macau at JLL, advised quantitative trading firm Jane Street Asia on a record-setting lease at Central Yards, followed months later by a six-floor commitment from hedge fund Qube Research & Technologies at Two... https://www.scmp.com/business/article/3342806/how-two-landmark-central-deals-boost-sentiment-hong-kongs-office-market?utm_source=rss_feed https://www.scmp.com/business/article/3342806/how-two-landmark-central-deals-boost-sentiment-hong-kongs-office-market?utm_source=rss_feed Sun, 08 Feb 2026 06:00:16 +0000 Aileen Chuang Aileen Chuang 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 and gained 3.9 per cent to HK$40.52 at the close, as the firm’s long-term growth prospects gained footing. Muyuan raised HK$10.7 billion (US$1.4 billion) after pricing the shares at the top of... https://www.scmp.com/business/banking-finance/article/3342579/chinas-biggest-pork-producer-muyuan-has-subdued-hong-kong-share-debut?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3342579/chinas-biggest-pork-producer-muyuan-has-subdued-hong-kong-share-debut?utm_source=rss_feed Fri, 06 Feb 2026 01:42:24 +0000 Peggy Ye Peggy Ye As UBS consolidates its Hong Kong operations in West Kowloon to deepen mainland-linked growth, it does so at a time when Hong Kong’s office market is showing tentative signs of recovery in prime districts such as Central. The consolidation is set to release office space in Central, contributing to a reshaping of demand as hedge funds and other financial firms take up space vacated by banks. The Swiss bank on Tuesday marked the handover of UBS Tower at the International Gateway Centre (IGC), a... https://www.scmp.com/property/hong-kong-china/article/3342262/ubs-move-west-kowloon-reshapes-demand-hong-kong-office-market?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/3342262/ubs-move-west-kowloon-reshapes-demand-hong-kong-office-market?utm_source=rss_feed Tue, 03 Feb 2026 11:25:39 +0000 Aileen Chuang Aileen Chuang Hong Kong’s new share market continues to sizzle, with three companies seeking to raise a combined US$2 billion on Thursday, led by Chinese pig-breeding giant Muyuan Foods, which launched the city’s largest flotation of the year. The world’s largest hog firm planned to raise HK$10.7 billion (US$1.4 billion) by selling about 274 million new shares at up to HK$39 each, according to its prospectus, hot on the heels of another billion-dollar deal from Chinese drinks giant Eastroc Beverage. At the... https://www.scmp.com/business/banking-finance/article/3341623/3-mainland-chinese-firms-add-hong-kongs-ipo-boom-us2-billion-fundraising?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3341623/3-mainland-chinese-firms-add-hong-kongs-ipo-boom-us2-billion-fundraising?utm_source=rss_feed Thu, 29 Jan 2026 04:00:54 +0000 Cheryl Arcibal Cheryl Arcibal The newest landmark office tower in Hong Kong’s main business zone is nearing full occupancy a year and a half after it welcomed its first tenants, suggesting improving fortunes in the city’s office property segment. The Henderson – the prime commercial development and namesake tower for one of Hong Kong’s largest developers – reached 90 per cent occupancy recently, Henderson Land said on Friday. The 36-storey building in Central counts among its tenants auction house Christie’s, alternative... https://www.scmp.com/business/article/3340209/hong-kongs-latest-office-landmark-nearly-full-segment-upturn-simmers?utm_source=rss_feed https://www.scmp.com/business/article/3340209/hong-kongs-latest-office-landmark-nearly-full-segment-upturn-simmers?utm_source=rss_feed Fri, 16 Jan 2026 12:30:15 +0000 Cheryl Arcibal Cheryl Arcibal Ares Management, one of Asia’s largest alternative investment managers, is doubling its real estate footprint in Hong Kong, a move that aligns with a broader expansion by financial firms and demand for office space in the core Central business district. The Los Angeles-based asset manager would add about 12,500 sq ft of space in Gloucester Tower, where it has been a tenant since 2017, according to a statement from the landlord Hongkong Land on Monday. The new lease will be effective in... https://www.scmp.com/business/article/3339546/financial-firm-ares-doubles-hong-kong-office-footprint-real-estate-outlook-improves?utm_source=rss_feed https://www.scmp.com/business/article/3339546/financial-firm-ares-doubles-hong-kong-office-footprint-real-estate-outlook-improves?utm_source=rss_feed Mon, 12 Jan 2026 05:10:41 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s battered office sector showed cautious signs of life in 2025, supported by improved take-up in core districts and a slower pace of rental declines and –. while analysts said that trend was set to continue into 2026 – rents were unlikely to rise over the next six months. The coming year was expected to build on the market’s momentum, with stabilisation emerging as the dominant theme, analysts said. Vacancy rates in prime assets in core districts were likely to steady further, but... https://www.scmp.com/business/article/3338546/hong-kong-office-leasing-rebound-lifts-outlook-2026-rents-remain-under-pressure?utm_source=rss_feed https://www.scmp.com/business/article/3338546/hong-kong-office-leasing-rebound-lifts-outlook-2026-rents-remain-under-pressure?utm_source=rss_feed Mon, 05 Jan 2026 00:30:25 +0000 Cheryl Arcibal Cheryl Arcibal HSBC is set to occupy more than 40,000 sq ft of space in Capitol Centre in Causeway Bay, as Hong Kong’s largest bank joins a growing list of finance and banking firms snapping up commercial space in the city. The London-headquartered lender signed a five-year lease, which starts May 18, 2026, for five levels – ground plus four floors of the building, according to Land Registry records. The deal was registered in late November. The records did not show the size or rent for the leased space, but... https://www.scmp.com/business/article/3335233/hsbc-occupy-over-40000-sq-ft-hong-kongs-capitol-centre-2026?utm_source=rss_feed https://www.scmp.com/business/article/3335233/hsbc-occupy-over-40000-sq-ft-hong-kongs-capitol-centre-2026?utm_source=rss_feed Fri, 05 Dec 2025 00:30:10 +0000 Cheryl Arcibal Cheryl Arcibal Prime office rents in Hong Kong’s Central business district rose modestly in November – the first time in three and a half years – on the back of an overall improvement in vacancy rates, which helped buttress the negotiating stance of landlords, according to property consultancy JLL. Rents in Central inched up 0.1 per cent to HK$72.90 (US$9.36) per square foot from October, as the number of empty offices decreased slightly to 13.1 per cent from 13.4 per cent, JLL said. The last time that rents... https://www.scmp.com/business/companies/article/3333986/hong-kongs-central-prime-office-rents-rise-first-time-more-3-years?utm_source=rss_feed https://www.scmp.com/business/companies/article/3333986/hong-kongs-central-prime-office-rents-rise-first-time-more-3-years?utm_source=rss_feed Mon, 24 Nov 2025 22:30:09 +0000 Cheryl Arcibal Cheryl Arcibal Henderson Land Development has unveiled Central Yards, a 1.6 million sq ft mixed-use project taking shape on Hong Kong’s most expensive piece of prime real estate and a key component of the developer’s HK$63 billion (US$8 billion) New Central Harbourfront project. The nine-storey building in Central, which would offer more than 700,000 sq ft of office and ancillary space, would have the largest floorplate in the city’s main business district, Henderson said in a statement on Tuesday. Five of the... https://www.scmp.com/business/article/3333346/henderson-unveils-central-yards-centrepiece-its-us8-billion-harbourfront-project?utm_source=rss_feed https://www.scmp.com/business/article/3333346/henderson-unveils-central-yards-centrepiece-its-us8-billion-harbourfront-project?utm_source=rss_feed Wed, 19 Nov 2025 04:37:05 +0000 Aileen Chuang Aileen Chuang Chinese aluminium smelter Chuangxin Industries Holdings aims to raise as much as HK$5.5 billion (US$707 million) in an initial public offering (IPO) that has already drawn commitments from 18 domestic and international investors, highlighting the strong appetite in Hong Kong’s buoyant fundraising market. Chuangxin planned to offer 500 million shares at HK$10.18 to HK$10.99 each, with 90 per cent allocated to institutional investors and the remainder to retail investors, according to its Hong... https://www.scmp.com/business/banking-finance/article/3332780/chinese-aluminium-smelter-rides-hong-kong-ipo-wave-us707-million-fundraising-drive?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3332780/chinese-aluminium-smelter-rides-hong-kong-ipo-wave-us707-million-fundraising-drive?utm_source=rss_feed Fri, 14 Nov 2025 07:05:06 +0000 Andrew Sheng Andrew Sheng Are we now seeing a cyclical or structural point of inflection in financial markets? The cyclical view is that in the short term we are going up or down in a stock market bubble. The structural view is that there are deep issues changing the environment of financial markets, driven by factors such as globalisation (or deglobalisation), technology, demographics, climate change and local and geopolitical issues. The simple answer is we are not in an either-or situation, but undergoing... https://www.scmp.com/opinion/world-opinion/article/3326888/world-financial-landscape-changing-are-we-ready?utm_source=rss_feed https://www.scmp.com/opinion/world-opinion/article/3326888/world-financial-landscape-changing-are-we-ready?utm_source=rss_feed Fri, 26 Sep 2025 12:30:08 +0000 Wang Xiangwei Wang Xiangwei The familiar signs of hustle and bustle in Hong Kong are back. Mainland tourists are thronging major attractions, from the Tsim Sha Tsui promenade to Disneyland Resort. Foreign tourists are returning in noticeable numbers, adding a cosmopolitan flair. Overseas business travellers are back in droves, too, as evidenced by the back-to-back exhibitions at the Hong Kong Convention and Exhibition Centre, which is booked solid until next July. Walking by recently, I was struck by the diversity on... https://www.scmp.com/opinion/hong-kong-opinion/article/3324237/hong-kong-back-now-it-must-quickly-cement-its-international-status?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3324237/hong-kong-back-now-it-must-quickly-cement-its-international-status?utm_source=rss_feed Sun, 07 Sep 2025 21:30:07 +0000 Nicholas Spiro Nicholas Spiro Is the tide turning for Hong Kong’s ailing property market? When second-hand home prices are down almost 30 per cent from their peak in August 2021 and rents for grade A offices are more than 40 per cent lower than in the second quarter of 2019, talk of a recovery seems wildly premature. But expectations, sentiment and the prism through which the performance and outlook for the sector are viewed are important. Since the beginning of this year, the mood in Hong Kong has improved markedly. Much of... https://www.scmp.com/opinion/hong-kong-opinion/article/3317195/hong-kongs-equity-market-revival-helps-lift-property-sector-sentiment?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3317195/hong-kongs-equity-market-revival-helps-lift-property-sector-sentiment?utm_source=rss_feed Mon, 07 Jul 2025 08:30:10 +0000