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NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump
NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump Hong Kong developer’s Kowloon Tong project, to be sold on a ‘first come, first served’ basis on Friday, is a test of market sentiment NWD said the flats would be sold via a regular price list on a “first come, first served” basis as the developer announced that the project had so far sold 42 residences worth about HK$2.4 billion (US$306 million) via a tender. The launch on Friday would be the first regular sale in more...
Students turn local pain points into social innovation projects in Hang Seng x HKFYG “Seek Our Ways” Ideation Programme
[The content of this article has been produced by our advertising partner.] A foul-smelling river in Tuen Mun, mountains of parcel packaging and the waning proficiency of Cantonese among young people have become the inspiration behind a series of student-led social innovation projects recognised at the second cohort of the Seek Our Ways Ideation Programme. Organised by the Hong Kong Federation of Youth Groups Leadership Institute and supported by Hang Seng Bank, the programme drew more than...
Asia-Pacific markets set to open subdued after Wall Street's AI-linked stocks slide
Asia-Pacific markets were set to open mixed Friday after a rotation out of chip stocks on Wall Street lifted the Dow Jones Industrial Average to a record close overnight. The Chicago futures contract for Japan's Nikkei 225 was at 67,450 and its Osaka counterpart last traded at 67,610 compared with the index's previous close of 67,470.69. Hong Kong's Hang Seng index futures last traded at 25,158, lower than the index's Thursday close of 25,253.40.
Asia-Pacific markets trade mixed as Trump signals no rush on Iran agreement
Asia-Pacific markets traded mixed on Monday as investors monitored lingering uncertainty around U.S.-Iran negotiations after President Donald Trump said he was in "no hurry" to strike a deal to end the conflict, now in its fourth month. The U.S. and Iran have still not finalized an agreement to end the conflict, Trump said in an interview with his daughter-in-law, Lara Trump, on Fox News Saturday. He added that he is pressing for a deal that would ensure Iran never acquires a nuclear weapon.
Asia-Pacific markets set to open lower on renewed Middle East tensions
Asia-Pacific markets were set to open lower Thursday, tracking Wall Street losses, as tensions between Iran and the U.S. keep oil prices elevated, stoking energy and inflation worries. The Kuwait International Airport was struck by Iran early Wednesday, just a day after the U.S. Central Command said it had defeated multiple Iranian ballistic missiles and drones, as well as launched "self-defense strikes" on Qeshm Island in the Persian Gulf. This was in response to "attempted attacks" by...
Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire.
Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire. Asian shares are mostly lower as renewed fighting threatens the U.S.-Iran ceasefire - Bookmark Asian shares mostly declined Tuesday as renewed fighting threatened the U.S.-Iran ceasefire. U.S. futures also fell.
Hong Kong's IPO boom is developing a performance problem
BEIJING — Hong Kong may be the top market globally for initial public offerings, but it also suffers from a growing trend of weak stock performance from those debuts. The Hong Kong exchange was first in the world by IPO funds raised last year — besting the New York Stock Exchange and the Nasdaq, which came second and third respectively — according to KPMG, which noted that strong momentum in 2025 continued in the first quarter of this year. More than 600 companies are waiting to list on the...
Asia-Pacific stocks set to open subdued amid uncertainty over U.S.-Iran peace talks
Asia-Pacific markets were set to open mixed Tuesday, as investors weighed renewed uncertainty over U.S.-Iran peace negotiations, while Wall Street benchmark indexes climbed to fresh highs overnight on tech optimism. Japan's Nikkei 225 was poised to rise, with the Chicago futures contract at 67,140 and its Osaka counterpart last trading at 67,260 compared with the index's previous close of 66,934.33. In Australia, futures last traded at 8,710, compared with the S&P/ASX 200's last close of...
European markets open mixed as AI stocks sell-off hits Asia, South Korea drops 5%
European stock markets had a mixed opening, as shares fell in Asia, with South Korea's benchmark dropping more than 5%. This comes as US markets saw sharp declines in several major artificial intelligence-related stocks on Thursday. As the rally in AI stocks fades, investors were cautious at the open on Friday, with European markets opening to mixed sentiment following steep falls in Asian markets.
Commentary: China has become a tech superpower, so why is its economy slowing?
Commentary: China has become a tech superpower, so why is its economy slowing? China cannot keep boosting only one part of the economic growth equation, says public policy professor Donald Low. HONG KONG: For a country that still ranks as middle-income, that China leads the world in many of the industries of the future is nothing short of remarkable.