Southeast Asian companies like lender DBS Group Holdings and fast-food chain operator Jollibee and local education institutions are giving Hong Kong’s property market a much-needed boost, fanning hopes the worst of the investment slump may have passed. Southeast Asian firms and education firms each contributed around 22 per cent of the total HK$6.28 billion (US$809…
Hong Kong banks were likely to be more selective in extending credit to developers amid a prolonged property slump that could pose a “major risk” to lenders, according to Moody’s Ratings. Banks’ property development and investment loans accounted for 16 per cent of their total lending as of June, the credit-rating agency said in a…
As global markets react to the Trump administration’s policy shifts, U.S. stocks have been buoyed by optimism surrounding potential trade deals and AI investments, pushing major indexes like the S&P 500 to new highs. In this environment of economic fluctuations and investor sentiment shifts, dividend stocks stand out as a potentially stable choice for investors…
Homebuyers swarmed property show rooms in Wong Chuk Hang and Kai Tak on Saturday, snapping up the 504 flats on offer in Hong Kong’s biggest sales launch in six months after the monetary authority relaxed the city’s mortgage financing rules. CK Asset Holdings and MTR Corporation sold 188 of the 256 flats at their Blue…
Investors who applied to Hong Kong’s relaunched cash-for-residency scheme included some who may not stay in the long run but sought the status as a “stepping stone” for their business ventures or children’s education, immigrant consultants have said. The government reintroduced the Capital Investment Entrant Scheme with revised criteria in March, opening back up a…