A comprehensive review of Hong Kong’s decade-old anti-speculation property curbs is long overdue, according to developer Wharf. Recent measures are not enough to overturn the current slump, chairman Stephen Ng says.

The president addresses some oft-mentioned gripes among the international community, acknowledging that China must do more to open up to the rest of the world.

‘The Hong Kong government and its promotion of the city in the United Arab Emirates definitely helped’ land the deal, Unity chairman says.

Government efforts to attract billionaires to set up family offices in Hong Kong have already caught the attention of wealthy individuals from mainland China, Asia, the Middle East and further afield, a financial forum organised by the Post heard.

Hong Kong’s lived-in home prices declined for a fourth straight month in August, and the easing trend is seen continuing for the rest of the year given the elevated interest-rate environment and high inventory levels.

Four exchanges are HKVAX, HKbitEX, Hong Kong BGE and Victory Fintech – all of which tout their commitment to operating in accordance with crypto regulations.

Big C Retail Corp, the supermarket chain owned by one of the richest families in Thailand, has delayed its plan to list in both its homeland and Hong Kong until next year, in anticipation of finding a better economic environment in 2024.

Source says suspect is Wong Sheung-yin, 23-year-old director of over-the-counter shop Money Lupin, as alleged losses in case reach HK$1.5 billion.

Japan’s low interest rates, weak currency and rapid post-pandemic return to the office have fuelled overseas investor interest in its real estate sector.

The spread between the domestic and international price for the precious metal is at a decade high.

Standard Chartered’s marketing campaign will offer credit card discounts and other incentives at participating malls to support the government’s campaign to reboot Hong Kong’s night economy, senior executive says.

The implosion of JPEX is likely to make the public more cautious about investing in cryptocurrencies, but sentiment may improve in the long run, experts say.

Tickets to Disneyland, afternoon tea at The Peninsula and fine dining with wine pairings – these are just some of the incentives with which major banks such as HSBC and Standard Chartered plan to woo high-flying mainland Chinese customers during the ‘golden week’ holiday.

The Silicon Valley company joins several other US investment firms, including Sequoia Capital, that have made similar moves under pressure in Washington.

Source says police have enlisted help of Interpol and virtual asset trading platforms as they track down funds amid fraud allegations targeting JPEX cryptocurrency company.

Readers discuss the flaws in the city’s cryptocurrency landscape that must be addressed, an opportunity to commemorate a legendary Colombian artist, and unsafe driving in the city

The embattled cryptocurrency exchange has laid out plans to attract new investors with promises of dividends, while it continues to lash out at Hong Kong regulators.

A recent survey shows China’s newly wealthy are reducing high-cost purchases and reorienting their financial priorities amid broader economic headwinds.

Orders for Taiwanese goods in August declined by 15.7 per cent, year on year, but tech sales are expected to get a boost through the holiday season.

The former central bank governor also called for global efforts to offset geopolitical and economic headwinds, in an address at an investment forum by China Investment Corporation.

As concerns mount over disappointing economic figures, Beijing gathers major firms to remind them of its commitment to their continued success.

Questions linger as to how and whether Beijing’s announced measures will be effectively implemented, rather than serve as mere lip service that fails to reassure entrepreneurs.

Hong Kong people believe they need US$1.1 million to retire comfortably, according to an HSBC survey, but they face a shortfall of US$815,000 – the biggest among nine places surveyed around the world.

Strong corporate earnings and robust economic growth are drawing investors even as they flee other Asian markets including China.

Hong Kong’s newly launched tax incentives and resumption of investment migration schemes are set to boost the city’s family office hub ambitions, says head of Swiss private lender Union Bancaire Privee in Hong Kong.

Many of mainland China’s 220 million retail investors are not convinced the government’s recent efforts aimed at reviving the stock market go far enough to set equities on a path to long-term recovery.

Economists say alternative high-frequency data points – from subway ridership to commodity prices – suggest parts of China’s economy are functioning well. But crisis or not, China is ‘not out of the woods, yet’.