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..., according to Financial Times calculations based on data from the city’s link-up with mainland bourses....
...He added: “One of the major achievements of the task force was [it] succeeded in ensuring that all the stakeholders in Hong Kong were aligned on how to continue to promote the city as an international financial...
...New home prices in major cities have fallen month on month since June, according to Bloomberg calculations based on National Bureau of Statistics data....
...Last year, companies raised just $5.7bn from IPOs in the city, the smallest annual haul in more than two decades, according to Dealogic data....
...It also plans to repurchase $1.25bn of its stock this year....
...Trading activity has remained subdued despite a string of supportive measures from Hong Kong’s government, including a cut to the stamp duty on stock trades in the city....
...Traders and strategists say recent gains by Chinese equities have rekindled some clients’ interest in the market after years of underperformance, although some pointed out that activity on the city’s exchange...
...Hong Kong on Wednesday also reported lower than expected economic growth, with official figures showing the territory’s gross domestic product expanded 3.2 per cent in 2023, as the city suffered the effects...
...The lack of interest from investors forced the city’s government to convene a liquidity task force last year to recommend measures to boost trading activity....
...Its “M-Terminal”, a free-to-use financial data website with a black background reminiscent of a Bloomberg screen, shows that stores in smaller cities are performing much worse than those in larger cities...
...The move undercut a key source of investor enthusiasm for the city’s stock market....
...Co-op Live, a £350mn venue in Manchester backed by US investors Oak View Group, was supposed to open on Tuesday night with the first of two gigs by comedian Peter Kay....
...Wells Fargo has agreed to buy Neiman Marcus’s vacant space at 20 Hudson Yards for $550mn in a deal that underscores the changing fortunes of one of New York City’s largest property developments....
...The Hong Kong government, HKEX’s biggest shareholder, said in August it was setting up a “task force” to make market liquidity “improvement proposals” to the city’s chief executive, John Lee....
...depleted-looking city some 30 miles north of Edinburgh, whose appearance belies its one-time wealth and importance....
...Enormous debts accumulated by China’s provinces and cities have become a pressing problem for policymakers this year, with many bonds issued by indebted provinces such as Guizhou coming close to default....
...Choi said Hong Kong’s government had continued to launch tenders for new plots of land for building, despite lacklustre demand after several years of strain for the city’s economy....
...anticipated new measures by the city’s chief executive to taxes on property sales....
...Parts of Hudson County — notably Hoboken and Jersey City, where shiny waterfront towers wink across the river at Manhattan — have been determined to flip the script....
...The then-governor — soon to be president — celebrated the docks along the Hudson River as a source of well-paying jobs at a time of economic despair and part of a larger project to open the nation’s inland...
...Mudawi Ibrahim Adam, a professor and human rights lawyer, who was in Omdurman when the SAF troops arrived, said they had gained control of virtually the whole city....
...May 18 to 19; further information for this year’s event here soon Summer on the Hudson A free festival of music, movies, and wellness events takes to the shores of the Hudson; think riverside yoga and...
...Close to the city of Chengdu, the Laizhou Distillery, which fills a vast industrial park, is an example of Chinese whisky produced on a larger scale and at a lower price point....
...The oaks are stripped of their bark every nine years in a process a bit like shearing a sheep, causing minimal disruption....
...Hong Kong’s largest developers have shed a fifth of their market value this year, as the city’s dollar peg forces it to match the Federal Reserve’s “higher for longer” approach to interest rates....
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