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GBA

Greater Bay Area home sales surged in June after property market rescue package

by Anas Siddiqui
Greater Bay Area home sales surged in June after property market rescue package

Cushman expects some 180,000 new homes to change hands in the second half of the year, up from 133,000 in the first six months. This would further narrow the annualised …

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Deutsche Bank prepares to seize Hong Kong, mainland China business upswing while rivals retrench during IPO, deal slump

by Anas Siddiqui
Deutsche Bank prepares to seize Hong Kong, mainland China business upswing while rivals retrench during IPO, deal slump

Deutsche Bank is sharpening its focus on China business to capitalise on gaps created by the withdrawal of its investment banking rivals, betting on the world’s second largest economy to …

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HSBC summit: Hong Kong’s financial ecosystem is robust, resilient and unwavering, HKMA’s Eddie Yue and SFC’s Julia Leung say

by Anas Siddiqui
HSBC summit: Hong Kong’s financial ecosystem is robust, resilient and unwavering, HKMA’s Eddie Yue and SFC’s Julia Leung say

“You may still hear noises or perceptions … [that] Hong Kong’s growth as a financial centre is fading,” Yue said. “But if you look at the numbers, they paint for …

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Launch of first Hong Kong school fair for mainland Chinese draws nearly 10,000 attendees, as pupils seek out less intense learning space

by Ron Morgan
Launch of first Hong Kong school fair for mainland Chinese draws nearly 10,000 attendees, as pupils seek out less intense learning space

The attendees were mainly families from the mainland, coming from cities such as Shenzhen, Wuhan and Beijing. Organisers said the event attracted nearly 10,000 parents and pupils. “I don’t want …

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President Xi Jinping to chair Yangtze River Economic Belt meeting during Shanghai tour in display of support for the financial hub

by Anas Siddiqui
President Xi Jinping to chair Yangtze River Economic Belt meeting during Shanghai tour in display of support for the financial hub

Chinese President Xi Jinping will chair a meeting of officials from the Shanghai, Jiangsu, Zhejiang and Anhui provinces, urging them to make concerted efforts to reinforce the development of the …

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China CBDC progress ‘on track’ with finale ‘not very far away’, says PBOC’s former governor

by Anas Siddiqui
China CBDC progress ‘on track’ with finale ‘not very far away’, says PBOC’s former governor

Progress in central bank digital currencies (CBDC) in China is “already on track” and the “final stage is not very far away”, according to the former head of the People’s …

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Southern China leads way with Greater Bay Area climate funding launch pad

by Ron Morgan
Southern China leads way with Greater Bay Area climate funding launch pad

The southern Chinese city of Guangzhou is spearheading a climate financing push in the Greater Bay Area, becoming the first to launch its pilot investment scheme as Beijing seeks to …

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Regulators, bankers push for freer capital flow between Hong Kong and Greater Bay Area to boost city’s gateway role

by Anas Siddiqui
Regulators, bankers push for freer capital flow between Hong Kong and Greater Bay Area to boost city’s gateway role

Regulators and bankers have called for broader capital flow between Hong Kong and the rest of China’s Greater Bay Area to enhance the special administrative region’s role as a bridge …

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Two out of three Greater Bay Area firms have adopted sustainable practices, with ESG investments set to reach US$128 billion in next two years: survey

by Anas Siddiqui
Two out of three Greater Bay Area firms have adopted sustainable practices, with ESG investments set to reach US8 billion in next two years: survey

Two out of three firms in the Greater Bay Area have adopted sustainable development practices in their business operations, and investments relating to environmental, social and governance (ESG) by such …

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