Bob Prince, the co-chief investment officer of the world’s largest hedge fund, bought a luxury home in Hong Kong, joining an A-list of global financiers who have begun to heed the city government’s serenade to put down roots in Asia’s third-largest capital market. The executive of Bridgewater Associates, which had US$235 billion of assets under…
The big bosses at DBS Bank and HSBC’s money-management unit became new owners of luxury homes in Hong Kong in October amid a revival in optimism and stock market wealth, helping drive the property market to its busiest month since May. Transactions involving new and lived-in homes, offices, shops, car parks and industrial spaces jumped…
Veteran Hong Kong political scientist and commentator James Sung Lap-kung has died at the age of 71. Sung died on Thursday, according to an alumni association for which he had been vice-chairman since 2022. “During his tenure, he actively promoted the development of the association and assisted in organising large-scale events, uniting alumni from all…
Three luxury Hong Kong homes changed hands this week for between HK$49.4 million (US$6.36 million) and HK$114 million, an indication that well-heeled buyers have returned to the market for exclusive addresses as interest rates come down. Sebastian Paredes, the CEO of DBS Bank (Hong Kong), paid HK$49.4 million for a 1,249 sq ft, three-bedroom flat…