Hong Kong
New mortgage loans in June fell by 9.4%
The latest round of tightening of the underwriting standards of mortgage lending introduced last June 10 seen to have caused the falling figures.
New mortgage loans in June fell by 9.4%
The latest round of tightening of the underwriting standards of mortgage lending introduced last June 10 seen to have caused the falling figures.
Luxury residential prices shoot to three-year high in 2Q
Prices rose 3.8% to HK$19,520 per sq ft as of May 2011.
Minmetals Land Ltd to sell land to Hebei Xiangshan government
The $113m sale means cancellation of a residential project which already has pre-sale orders.
Two residential sites up for auction
The sites are in Tseung Kwan O and Yuen Long.
Advertisers splurge in the first half of 2011
Total advertising spending jumped 16 percent and reached a record high.
Less buyers, less loans
The number of new mortgage applications dropped 30.3 percent in June.
China Everbright Bank refutes Goldman Sachs report
The bank said it is not true that its loan-to-deposit ratio had reached 81 percent.
We’ll bear all costs: HSBC
The bank will rectify a design problem with the new HK$100 banknotes.
Residential projects transactions up over the weekend
The record 27 transactions were among the top 10 benchmark residential projects in the secondary property market in Hong Kong.
JPMorgan Chase & Co: Asian market to account for 20% of our global investment banking operations
The projection is within three to five years.
MTR Corp buys $179.8m worth of underground trains
The trains are for Hong Kong's West Island and South Island lines.
In the dark: HSBC plans launching “dark pool” platform
The new electronic trading platform will allow investors to trade a large amount of stock without revealing trading volume and identities.
Dimension Data and Hutchison Global Communications join forces in offering cloud services
The pact aims to help Hong Kong enterprises accelerate transition to cloud computing under “onecloud”.
Sino Harbour starts trading shares in the Main Board of SEHK
Share price increased 2.73% over initial offer as it closed at HK$1.13 per share.
HKMA shows new banknote designs
The notes are equipped with features for security and to aid the visually impaired to differentiate between the denominations.
Hong Kong businessmen look forward to an upbeat third quarter
More survey respondents in the real estate, financing and insurance sectors expect their employment situation to improve.
Hong Kong’s second quarter luxury residential prices up 3.8%
Luxury rents are estimated to soar further by 15% in the next 12 months.
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