Welcome!
hong kong
Commodities
Hong Kong vs Singapore; who will win the iron ore wars?
(Nov 13): Call it the iron ore wars. Two of Asia’s financial heavyweights are going head-to-head as Hong Kong Exchanges & Clearing starts futures for a commodity that’s seen extraordinary volatility and been a popular way to bet on China, challenging
November 13, 2017
Broker's Calls
DBS excited over Mapletree Logistics Trust growth prospects
SINGAPORE (Oct 20): DBS Group Research says it is excited by growth prospects for Mapletree Logistics Trust, following its recent acquisition of Mapletree Logistics Hub Tsing Yi in Hong Kong.
October 20, 2017
M&A
Wheelock enters into record breaking deal to sell Hong Kong building for $1.6 bil
(Oct 12): Mainland Chinese company LVGEM (China) Real Estate Investment will purchase a building from Wheelock & Co. for HK$9 billion ($1.56 billion), setting a record price per square foot for a commercial building in Hong Kong’s Kwun Tong area.
October 12, 2017
Property
Singapore home prices have bottomed, Hong Kong's are ‘crazy’: BNP says
SINGAPORE (Sept 27): Singapore home prices have reached a bottom and will rebound, while Hong Kong’s “crazy” housing market will continue to defy gravity, according to BNP Paribas SA.
September 27, 2017
Property
Mandarin Oriental continues to review options for The Excelsior despite setback
SINGAPORE (Sept 27): Mandarin Oriental International is continuing its review of its long-term strategic options with the potential sale of its hotel property in Hong Kong, The Excelsior, and its possible redevelopment into a commercial building.
September 27, 2017
Global Markets
S&P strips Hong Kong of AAA rating after China downgrade
SINGAPORE (Sept 22): S&P Global Ratings cut Hong Kong’s credit rating a day after it downgraded China for the first time since 1999, a move that reflects the "strong institutional and political linkages" between the special administrative region
September 22, 2017
Mandarin Oriental receives proposals for The Excelsior in Hong Kong
SINGAPORE (Sept 15): Mandarin Oriental International says it has received proposals from potential purchasers to acquire the group’s The Excelsior hotel in Hong Kong.
September 15, 2017
Property
HNA Group in refinancing quandary as Hong Kong project loans loom
(Sept 14): When HNA Group Co., the Chinese conglomerate that’s been buying up companies worldwide, spent US$3.5 billion ($4.7 billion) in Hong Kong earlier this year on land for its first luxury real estate development, it had no problems getting bank f
September 14, 2017
Property
Hong Kong property market at risk, finance chief warns
(Sept 12): Hong Kong’s Financial Secretary Paul Chan warned potential buyers to be careful buying property in the world’s most expensive housing market, as moves by the Federal Reserve to unwind its balance sheet may shrink money supply.
September 12, 2017
Hong Kong's economy may soon be eclipsed by the Chinese city next door
(Sept 6): Hong Kong is on the verge of seeing its economy surpassed in size by the former fishing village Shenzhen, a role reversal long foreshadowed by China’s massive supply of cheap labor and subsidized capital.
September 06, 2017