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US Federal Reserve

HKMA warns high interest rates ‘may last for some time’ as it delays cutting the cost of funds in lockstep with US Fed

by Anas Siddiqui
HKMA warns high interest rates ‘may last for some time’ as it delays cutting the cost of funds in lockstep with US Fed

Hong Kong’s monetary authority said high interest rates may “last for some time” because America’s inflation remained stubbornly high, a situation which may weigh on the city’s mortgage borrowers, with …

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Hong Kong stocks charge ahead in rally led by technology, banking sectors; China policy support hopes swirl

by Anas Siddiqui
Hong Kong stocks charge ahead in rally led by technology, banking sectors; China policy support hopes swirl

Hong Kong stocks charge ahead in rally led by technology, banking sectors; China policy support hopes swirl Hong Kong stocks extended gains on Friday as technology and banking shares helped …

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In Asia, US dollar’s growing strength gives rise to stability concerns, suspected rate intervention

by Walter Watson
In Asia, US dollar’s growing strength gives rise to stability concerns, suspected rate intervention

The US dollar index has risen by more than 4 per cent since the start of the year, triggering alarm bells among central banks in Asia that are running significant …

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Global investors snap up Chinese stocks for third month in a row, in more upbeat tone for US$9 trillion market

by Anas Siddiqui
Global investors snap up Chinese stocks for third month in a row, in more upbeat tone for US trillion market

Foreign investors loaded up on Chinese stocks for a third straight month in April, adding to evidence that global fund managers have become more positive about the world’s second-largest market. …

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Number of Hong Kong mortgage holders with negative equity soars to 20-year high, most since Sars epidemic

by Anas Siddiqui
Number of Hong Kong mortgage holders with negative equity soars to 20-year high, most since Sars epidemic

Hong Kong’s declining home prices dragged more mortgage borrowers into negative equity, putting them under greater financial strain as property prices show little prospect of rising amid a lethargic housing …

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New World Development puts 18 units up for sale at its recently completed Cheung Sha Wan office tower

by Anas Siddiqui
New World Development puts 18 units up for sale at its recently completed Cheung Sha Wan office tower

Hong Kong property developer New World Development (NWD) is selling 18 units in a recently completed grade A office project in Kowloon. The project, located at 83 Wing Hong Street …

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Chinese market regulator CSRC’s support will divert scores of mainland firms’ IPOs to Hong Kong, analysts say

by Anas Siddiqui
Chinese market regulator CSRC’s support will divert scores of mainland firms’ IPOs to Hong Kong, analysts say

A number of mainland Chinese firms are expected to shift their fundraising plans to Hong Kong following the recent tightening of domestic listing rules and measures by the mainland’s market …

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Shining example: how China is propelling gold’s record-breaking rally

by Anas Siddiqui
Shining example: how China is propelling gold’s record-breaking rally

Gold’s rise to all-time highs above US$2,400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and centre …

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China unloads more US Treasury bills as odds of Fed rate cuts grow slim

by Walter Watson
China unloads more US Treasury bills as odds of Fed rate cuts grow slim

Worries over security and a further delay to expected interest rate cuts by the Federal Reserve have depleted Beijing’s appetite for US Treasury bills, and its position as the second-largest …

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Hong Kong’s buoyant home sales to fight gravity of continued high interest rates as cut hopes dwindle, analysts say

by Anas Siddiqui
Hong Kong’s buoyant home sales to fight gravity of continued high interest rates as cut hopes dwindle, analysts say

Dwindling hopes for an interest-rate cut this year could put a damper on surging Hong Kong home sales, according to analysts. As of Tuesday, 5,109 new homes have been sold …

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