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RECENT FINANCE NEWS
China stimulus to provide ‘modest boost’ to property sales: BNP Paribas
China stimulus to provide ‘modest boost’ to property sales: BNP Paribas

Following a Rmb300bn lending boost for unfinished flats from the PBOC, BNP Paribas analysts believe a bottom for property prices might be reached in the second half of 2025.

Hong Kong Monetary Authority steps up e-CNY pilot
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In order to help residents use the currency in Hong Kong, the HKMA has linked the digital currency with the Faster Payment System. In addition, corporate use cases for cross-boundary trade settlement will be explored.

Hong Kong launches consultation on ESG code for ratings and data providers
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The Voluntary Code of Conduct Working Group (VCWG), sponsored by the SFC, will work with the Secretariat at the International Capital Market Association.

AstraZeneca invests $1.5bn in Singapore facility for next-generation cancer drugs
AstraZeneca invests $1.5bn in Singapore facility for next-generation cancer drugs

The manufacturing facility, supported by Singapore's Economic Development Board, is for antibody drug conjugates, and will be designed to be "zero carbon" from its first day of operation in 2029.

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