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    News

    Mainland new home price decline narrowed to 0.36%

    2024.03.15

    According to data released by the National Bureau of Statistics yesterday, residential sales prices in 70 large and medium-sized cities declined in February, and the average price of newly built commercial housing fell by 0% on a monthly basis […]
    Goldman Sachs raises AIA target price but still falls 2%

    2024.03.15

    Goldman Sachs raised target price, AIA still fell another 2% – 20240316 – Economy – Daily Mingpao AIA stock price […]
    The economy is stalling and confidence is weak. Hong Kong’s transformation is urgent.

    2024.03.15

    Since the world's two largest economies compete for hegemony, the world's development model has undergone tremendous changes, and interests have been reshuffled. This process cannot be completed in three or two years. During this period, vested interests will be frustrated. […]
    Big banks cut mortgage rebates and remortgage to zero. The industry pointed out that interest rates are higher than mortgage interest rates. Banks control costs and reduce discounts.

    2024.03.15

    Although global central bank interest rates are expected to have peaked, the timing of the decline remains uncertain. Hong Kong's one-month bank interest rate has remained around 4.5% in the past two months, which is higher than the current new […]
    U.S. industrial output unexpectedly rebounded by 0.1% in February

    2024.03.15

    According to data from the Federal Reserve, U.S. industrial production unexpectedly increased by 0.1% on a monthly basis in February this year, which means that the industrial sector rebounded after two consecutive months of decline. […]
    IMF: Russia’s economic growth rate may reach 2.6%

    2024.03.15

    According to the latest report from the International Monetary Fund (IMF), Russia's economic growth this year may reach 2.6%. This forecast shows that the Russian economy is […]
    Grasping the pain points of event economy, Li Lingxiu – Dagong.com

    2024.03.15

    The author roughly estimates that the six consecutive "Era Tour Concerts" boosted Singapore's GDP by 0.2 percentage points. This shows the importance of cultural activities to the economy […]
    The three major banks launch mortgage discounts, offering "zero" rebates for remortgaging

    2024.03.15

    Recently, three major retail banks in Hong Kong have announced that they will reduce cash rebates for remortgage customers to zero. This initiative has attracted widespread attention in the market and has also raised concerns about […]
    Zhang Jinliang is appointed as Secretary of the Party Committee of China Construction Bank

    2024.03.15

    Zhang Jinliang's appointment as Secretary of the Party Committee of China Construction Bank is a major decision made by the central government and will have a profound impact on the future development of China Construction Bank. This appointment means that Zhang Jinliang will be responsible for leading […]
    Bank rebate reduction will not affect citizens' entry into the market

    2024.03.15

    According to the latest reports, major banks in Hong Kong are considering cutting cash rebates, which may have a certain impact on people's entry into the market. While bank funding costs remain high, the move […]
    Bank of America issues Bitcoin bubble warning, USDT stablecoin plummets by $67,000

    2024.03.15

    Bank of America (BoFA) warns that cryptocurrencies are exhibiting bubble-like aspects. Bloomberg reports that over the past few months, bets on the Federal Reserve’s easy monetary policy have helped […]
    Ping An Bank cooperates with Vanke to control risks

    2024.03.15

    The latest share price report of Ping An Bank shows that the current share price has increased by 3.52%, reaching 10.59 yuan. This is exciting news that shows the silver […]