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20 09, 2020

Hong Kong developers rebuild cash hoard to prepare for new opportunities amid biggest market correction in four years

By | 2020-09-20T01:30:14+00:00 September 20th, 2020|Business|Comments Off on Hong Kong developers rebuild cash hoard to prepare for new opportunities amid biggest market correction in four years

Some of Hong Kong’s biggest developers are building up their cash hoard by selling noncore assets, a move seen as readying themselves for acquisition opportunities amid the biggest market correction since at least 2016.This year, groups including Wheel...

19 09, 2020

Hong Kong homebuyers return in droves for a sell-out weekend of flats offered by Sun Hung Kai and Henderson Land

By | 2020-09-19T10:15:10+00:00 September 19th, 2020|Business|Comments Off on Hong Kong homebuyers return in droves for a sell-out weekend of flats offered by Sun Hung Kai and Henderson Land

Hong Kong’s homebuyers turned up in droves to snap up new flats at two projects on Saturday, shrugging aside concerns about the city’s unemployment and the worst economic recession in decades, as social-distancing regulations eased.Sun Hung Kai Propert...

18 09, 2020

At Hong Kong’s stock exchange, a ‘moon shot’ lab imagines how technology upends the financial marketplace of the future

By | 2020-09-18T22:00:11+00:00 September 18th, 2020|Business|Comments Off on At Hong Kong’s stock exchange, a ‘moon shot’ lab imagines how technology upends the financial marketplace of the future

On the eighth floor of one of Hong Kong’s most prestigious office towers, far from the madding street protests and coronavirus outbreak that imperilled the local economy, lies a hint of what the city’s future could be as a global financial centre.Here,...

18 09, 2020

Why economic rebalancing will be at the heart of China’s next five-year plan

By | 2020-09-18T13:45:13+00:00 September 18th, 2020|Business|Comments Off on Why economic rebalancing will be at the heart of China’s next five-year plan

Profound adjustments will be called for in China’s forthcoming five-year economic plan as the country seeks to promote sustainable, high-quality development. The plan, covering 2021 to 2025, will be discussed and approved at the Fifth Plenum of the 19t...