hong kong

Broker's Calls

CGS sees near term re-rating unlikely for Hongkong Land; DBS more upbeat

Hongkong Land is trading at a quarter to its NAV

Property

Hong Kong weekend home transactions jump to three-year high

Last month’s easing means foreign buyers and existing-home owners no longer have to pay higher taxes on transactions

Results

Hongkong Land takes writedown on office properties, incurs US$582 million loss for FY2023

Despite the losses, Hongkong Land will maintain full-year dividend at 22 US cents

Property

Hong Kong home sales surge on weekend after curbs lifted

The financial hub’s 10 biggest estates recorded the most sales in 61 weeks, 3.5 times higher than the previous weekend

Banking & finance

HSBC still rolling in cash — at least for now

HSBC will likely pay a special dividend of 21 US cents a share upon the sale of its consumer business in Canada
Hong Kong’s art scene is undergoing a renaissance sparked by a vibrant full-year programme at the M+ museum - THE EDGE SINGAPORE

Art

Hong Kong’s art scene is undergoing a renaissance sparked by a vibrant full-year programme at the M+ museum

M+ is a leading global institution dedicated to collecting, exhibiting and interpreting visual art, design and architecture

Global Markets

India overtakes Hong Kong as world's fourth-largest stock market

Combined value of India-listed shares reached US$4.33 trillion as of Monday’s close, vs HK's US$4.29 trillion

China Focus

Looking beyond China's year of 'dashed hopes'

Sentiment regarding China has gone too negative

China Focus

Hong Kong's small brokers push for new rules to revive IPOs

The situation has long been dire for local brokers, with more than 96 local brokers ceasing trading since 2021

China Focus

Hong Kong's stock slump triggers wave of brokerage closures

'Everyone is struggling. I simply don't see any light at the end of the tunnel'
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