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BUSINESSOct 15Hong Kong ranks third globally as philanthropy hub, behind New York and Seoul, study findsHong Kong has emerged as the third best city in the world for wealthy individuals seeking to make philanthropic contributions over the medium term, trailing New York and Seoul, according to a study by Altrata. The inaugural Giving Opportunity Index by the US-based group that tracks the world’s affluent population ranked 100 cities based on three criteria: wealth, donor affinity and philanthropic infrastructure. The study defined the “global wealthy” as individuals with a net worth of more than...South China Morning Post

BUSINESSOct 7Why Morgan Stanley sees more upside in Hong Kong offices than New York towersHigher interest rates have weighed on property markets in both Hong Kong and New York, but Morgan Stanley sees greater upside potential in the Asian financial hub – particularly the office segment – in the months ahead, according to its latest report. The US investment bank highlighted the similarities between two of the world’s leading financial centres, pointing out that Hong Kong’s monetary policy moved in lockstep with the US Federal Reserve, while both cities faced limited land supply,...South China Morning Post

BUSINESSSep 3Hong Kong poised to top New York, London in finance-hub ranking: GFCI creatorAn Asian city will eventually overtake London and New York as the world’s leading financial centre, with Hong Kong well placed to compete for the top spot given its legal predictability and low tax burden, according to the creator of a closely watched ranking of financial hubs. “It’s going to happen because it’s so tight,” said Michael Mainelli, chairman of London-based think tank Z/Yen Group, in an interview with the South China Morning Post on Tuesday, referring to the narrowing gap between...South China Morning Post

BUSINESSSep 2Philippine fast-food giant Jollibee picks Hong Kong over New York for spin-off listingThe parent company of Philippine fast-food giant Jollibee plans to spin off and list its international operations in Hong Kong instead of New York in a strong endorsement of the city’s initial public offering (IPO) diversification efforts. Jollibee Foods Corp (JFC) said in January that it intended to list its overseas arm, Jollibee Foods Corporation International (JFCI), in the United States. The company has now selected Hong Kong as its listing destination. “Hong Kong offers the market depth...South China Morning Post

BUSINESSJul 17China signals possible return of U.S. trade privileges for Hong KongThe decision comes two months after President Donald Trump met with Xi Jinping, potentially warming ties ahead of Xi's expected U.S. visit.NPR News