A strengthening Chinese yuan has added to a flurry of catalysts driving stocks in mainland China and Hong Kong to solid starts in 2026, with history suggesting the uptrend could hold. The CSI 300 Index of yuan-denominated onshore equities and the Hang Seng Index have risen more than 3 per cent this year after the…
Hong Kong’s largest developer, Sun Hung Kai Properties (SHKP), appears on track to post another sell-out this weekend for the latest units on sale at its massive Sierra Sea residential project, as improving market sentiment continued to boost homebuyers’ confidence. Homebuyers snapped up more than 70 of the 262 new flats on offer at Sierra…
Hong Kong’s leading property developers are accelerating new residential launches, with two major firms unveiling plans to roll out more than 4,300 flats this year as sentiment shows signs of improvement, but analysts caution that a surge in supply may add fresh pressure to a market that has only begun to stabilise. Developers, including Wheelock…
Morgan Stanley upgraded Hong Kong’s property sector to “attractive”, noting that an all-round improvement in the city’s economy and a policy-driven recovery will continue to push prices higher this year. The US investment bank forecast home prices to rise around 10 per cent in 2026, with further gains expected in 2027, pointing out that the…
Morgan Stanley upgraded Hong Kong’s property sector to “attractive”, noting that an all-round improvement in the city’s economy and a policy-driven recovery will continue to push prices higher this year. The US investment bank forecast home prices to rise around 10 per cent in 2026, with further gains expected in 2027, pointing out that the…
With the first wave of commercial Chinese real estate investment trusts (REITs) set to launch in the next two years, Greater Bay Area assets are likely to be in strong demand, according to Deloitte China. “GBA assets will likely be oversubscribed,” according to Ryan Wu, deputy managing partner for Hong Kong Chinese enterprises services with…
Morgan Stanley’s fundraising drive for Operation Santa Claus (OSC) has kept the firm on course to remain the campaign’s top corporate supporter for the ninth consecutive year, extending a partnership of nearly three decades that has engaged employees across divisions, seniority levels and borders. According to Gokul Laroia, CEO of Asia at Morgan Stanley, the…
The deadly inferno that raged through a housing estate in Hong Kong last month has prompted youngsters at charity Kids4Kids to spring into action to help children affected by the blaze. Last month’s fire swept through seven of Wang Fuk Court’s eight blocks, raging for about 43 hours and claiming 161 lives. While the group…
Hong Kong stocks dropped on Friday after four days of advances, as investors searched for fresh catalysts beyond expectations about a US interest-rate cut that reversed a tumble triggered by concerns about an artificial-intelligence bubble. The Hang Seng Index fell 0.2 per cent to 25,891.18 as of 11.13am local time. For the month, the benchmark…
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Morgan Stanley upgraded Apollo Global (APO) to Overweight from Equal Weight with a price target of $180, up from $151….