Daily BriefsFinancials

Daily Brief Financials: Far East Consortium International, Meituan and more

In today’s briefing:

  • Asia Real Estate Tracker (05-Mar-2025): HK’s Far East Consortium sells UK hotel project for $57M.
  • HK SDR suite broadens to track over 40% of Hang Seng Index with Xiaomi, Meituan and Ping An Insurance


Asia Real Estate Tracker (05-Mar-2025): HK’s Far East Consortium sells UK hotel project for $57M.

By Asia Real Estate Tracker

  • Far East Consortium sold a UK hotel to AMTD IDEA Group for $57M, expanding the latter’s presence in the hospitality industry.
  • Qingjian and CCCC made a joint bid of $234M for a Singapore site, highlighting the competitive nature of real estate acquisitions in the region.
  • C&W reports that the APAC data center market will require a substantial $116B in funding to support its growing pipeline of projects.

HK SDR suite broadens to track over 40% of Hang Seng Index with Xiaomi, Meituan and Ping An Insurance

By Geoff Howie

  • Three new Hong Kong SDRs, Xiaomi, Meituan, and Ping An Insurance, are now tradable on SGX, expanding thematic exposures.
  • HK SDRs offer cost-effective access to Hong Kong stocks with lower brokerage fees, no forex fees, and SGD settlements.
  • Since October 2024, HK SDRs’ daily turnover increased eightfold to S$4 million, with significant trading in Tencent, BYD, and Alibaba.

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