Prices of office buildings, shopping malls and other properties have fallen more than 40 per cent from their highs in 2018. Read more at straitstimes.com.

ICBC provides commercial banking and financial services. It provides individual and co-financing for projects in sectors including energy; communications; transport and storage; industry, mining, and ...

Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna ...

The URA, which operates its accounts separately from the Hong Kong government, has been in the red for two years in a row, posting a HK$3.9 billion deficit in the 2023-24 fiscal year and a HK$3.5 ...

"It is not just a Hong Kong issue but a global phenomenon" he said. "Many office areas in the west are also vacant." Only ...

Shanghai Commercial Bank (SCB) and Planto, a digital banking solution provider headquartered in Hong Kong, have joined forces in order to leverage fintech to enhance banking experiences for SMEs ...

Yibin City Commercial Bank went public with an opening price of 2.59 Hong Kong dollars, on par with its initial public offering (IPO) price. The bank's shares traded around that level throughout ...