paul chan mo-po Tag

08 Apr HSBC summit: idea that China is ‘uninvestible’ is ‘shallow and lazy’, Primavera Capital’s Fred Hu tells panel

Posted at 11:36h in Asia

The world’s second-largest economy is still the single-biggest contributor to global gross domestic product growth, and the size and scale of its industries is still huge, he told a panel called “The new China playbook, China by numbers”.“Any global investor who seeks to build a...

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03 Apr Hong Kong property agencies Centaline, Midland forecast property sales hitting 10-month high in March

Posted at 00:30h in Asia

Hong Kong property sales are expected to hit a 10-month high in March following the removal of all of the city’s property cooling measures, two leading property agencies said.Midland Realty and Centaline Property Agency, two of Hong Kong’s largest real estate agencies, said the total...

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27 Mar Hong Kong must continue to promote itself to attract international listings, capital and investors, Paul Chan and Bonnie Chan tell forum

Posted at 11:32h in Asia

The government and HKEX have been promoting the unique features of the city’s capital market to Middle Eastern and Asean countries since last year, and such efforts will continue, he added.“We are diversifying our sources for new listed companies, as well as the sources for...

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26 Mar China’s economy remains resilient with powerful underlying strengths and long term opportunities, say Hong Kong officials, UBS’s Ermotti

Posted at 11:13h in Asia

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...

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26 Mar 10 months and counting: Hong Kong home prices worsen in February to the lowest level since September 2016

Posted at 05:00h in Asia

The price decline last month preceded the government’s lifting of all property cooling measures amid slower than expected economic growth and a high-interest rate environment that has dented demand for property. 13:00How Hong Kong's housing market became among the world’s most unaffordableHow Hong Kong's housing market...

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17 Mar Hong Kong homebuyers snap up Uptown East flats worth US$179 million in Kowloon Bay, as market rebounds after curbs removal

Posted at 12:32h in Asia

The first batch of flats on sale include studios and two-bedroom units, ranging in size between 278 and 561 square feet (25.8 and 52 square metres). The units were priced from HK$3.73 million to HK$8.89 million after discounts of up to 23 per cent. Another...

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17 Mar From winning Prince William’s Earthshot prize to reviving corals in Abu Dhabi, Hong Kong start-ups add gloss to city’s greentech hub ambitions

Posted at 02:00h in Asia

Having started commercial production in April last year, Hung estimated that its maiden factory in Zhejiang province might have generated sales of about US$8 million last year, mainly from batteries for electric bikes.The firm, which is based in Hong Kong Science and Technology Parks (HKSTP),...

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27 Feb Hong Kong property deals pick up ahead of government budget as buyers anticipate further relaxation of curbs

Posted at 10:39h in Asia

Secondary market transactions in Hong Kong flats jumped last week, as buyers took advantage of seven-year low prices, amid expectations the government may unveil a possible further relaxation of property cooling measures at Wednesday’s government budget.Deal volumes in 35 major housing estates rose 72.4 per...

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16 Feb People’s ‘assets are disappearing’: Midland Realty chairman sounds the alarm as he urges removal of all Hong Kong property cooling measures

Posted at 10:30h in Asia

Hong Kong should do away with property sector cooling measures altogether as declines in real estate values and the stock market are putting Hongkongers’ assets at risk, said the chairman of Midland Realty.Many unfavourable factors have emerged in the city’s property market, including...

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