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Jiaxing Li

Jiaxing Li

Hong Kong
@jx_leee
Reporter, Business
Jiaxing is a business reporter covering markets, finance, and broad business news in the region. Prior to that, she wrote about China's tech sector for the Post. She has a master's degree in Journalism from the University of Hong Kong.

Hong Kong stocks have gained more than 9 per cent since September 30, when the mainland’s markets closed for the ‘golden week’ holiday.

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Buyers flock to Lai Sun’s The Parkland in Yuen Long, snapping up nearly all units amid rate cuts and stock market gains, boosting market confidence.

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Beijing’s stimulus package has boosted Chinese stocks, but some investors missed out on billions in potential gains by selling their shares before the rally.

Hong Kong’s commercial property market has buckled under the crushing weight of China’s economic malaise, an exodus of global firms, a supply glut and high interest rates.

The measures are unprecedented as they underscore Beijing’s determination to stabilise the market and boost investor confidence, experts say.

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All across Hong Kong – from The Peak to South Island and elsewhere – high-net-worth individuals have found themselves caught in a tight spot between their ritzy, overleveraged properties and a quickly draining pool of liquidity.

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Mainland investors were net buyers of HK$11.6 billion worth of Alibaba shares since it became an eligible component in the Stock Connect scheme this week.

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The company’s telecoms unit Freedom Telecom plans to spend 107 billion tenge (US$236 million) until the end of 2027 on two projects in Kazakhstan.

The CSRC’s boss wants state-run funds and private asset managers to show more buying power, deliver higher returns to shore up market confidence.

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