Hong Kong developer New World Development (NWD) has successfully refinanced HK$88.2 billion (US$11.3 billion) of debt just before the deadline, concluding months of negotiations that pulled the ...

Jeremy Wong, son of Peter Wong, chairman of HSBC’s Asia subsidiary, has bought four luxury flats in Hong Kong this year, spending at least HK$231 million (US$29 million).The purchases were made over ...

New World Development borrowed money for projects that people inside and outside the company have characterised as ...

The Bank of China’s Hong Kong unit, Bank of East Asia (BEA), Hang Seng Bank and HSBC are among lenders with the biggest exposure to the city’s commercial real estate sector. Hang Seng classified about ...

Formally, says Klomps, the tower is “a very intuitive response to the Bank of China,” which rises to a rather staccato beat. At the Henderson, this translates into asymmetrical bulges in its glass ...

Yuan internationalisation, global expansion plans of Chinese firms drive a resurgence in the city's importance, a senior executive says Hong Kong's corporate activity and yuan-driven business have ...

Hang Seng Bank has a 7% share of deposits in Hong Kong as of the end of 2023, ranking fourth in the market after HSBC with 33%, Bank of China (Hong Kong) with 16%, and Standard Chartered with 12%.