Everyone loves a good story. In Asia’s real estate industry, there are plenty of themes and trends that attest to the appeal and resilience of the region’s residential and commercial sectors. Whether it is the huge potential for an institutionalised rental housing market in China...
HSBC plans to host another global investment summit within the first four months of 2025 in the city, after this year’s sell-out inaugural conference drew 3,500 attendees, an overwhelming success that CEO Noel Quinn said was proof that “Hong Kong is back”.The bank hosted more...
Still, for many Chinese firms that do venture out, or wish to, concerns linger over profitability, policy uncertainties and safety – as well as vast differences in the work cultures.“It was very tough to convince or to try to explain to Chinese companies from mainland...
However, amid sluggish IPO activity, the take-up rate has been minimal so far.People pass under screens showing index and stock prices outside Exchange Square in Central, home of the city’s bourse operator Hong Kong Exchanges and Clearing, on February 15, 2024. Photo: Sun YeungIn the...
This partly explains why the government has stepped up support for the crisis-ridden housing market. Beijing has intensified pressure on banks to assist vulnerable developers, cut mortgage rates to stimulate demand and provided low-cost financing to the urban village renovation and affordable housing programmes.It also...
China’s economy remains resilient despite facing a multitude of headwinds, and global investors should focus on long term opportunities and take advantage of Hong Kong’s role as a “superconnector,” according to government officials and corporate executives.“Hong Kong is the only city in the world where...
Just a cursory glance at office occupancy rates around the world reveals where the commercial property sector’s problems lie. In the United States, average occupancy rates in 10 leading cities stood at just 52.5 per cent at the beginning of March, according to data from...
Between 1980 and 2017, China’s foreign direct investment increased by more than 90 times, making it by far the top recipient among emerging markets. Similarly, when China first started its economic reforms in 1978, its population was around 960 million. By 2017, it had reached...
The balance of payments equilibrium suggests that the current account surplus will be close to zero and the overall trade balance will probably show a shrinking surplus. China is still likely to witness large net exports in certain industries, but this will be counterbalanced by...
Does anyone really believe that China will hit its growth target for this year of “around 5 per cent”? Even Premier Li Qiang, who announced the ambitious goal on Tuesday at the opening session of the annual National People’s Congress, is sceptical, acknowledging that it...