(Bloomberg) -- Hedge fund firm Dymon Asia Capital is expanding in Hong Kong’s central business district, at a time when the city is seeing record premium...
-- Hedge fund firm Dymon Asia Capital is expanding in Hong Kong ’s central business district , at a time when the city is seeing record premium office vacancies and declining rental rates .AMLO Protege Sheinbaum Becomes First Female President in Mexico
Out of nearly 15 portfolio managers it has hired since the start of 2023, 40% have chosen to be based in the city, even though they were offered the option of working in its other locations, including Singapore, Tokyo, Mumbai and Shanghai, Kan said. A lack of investment banking deals has prompted some international financial firms to shrink office space. Hong Kong’s proceeds from initial public offerings in the first quarter were the lowest since 2009. Bank of America Corp. cut more than one floor in Cheung Kong Center in Central to move some of its staff to a cheaper location, Bloomberg News reported in March.
Dymon plans to move into its new office early fourth quarter. Kan declined to disclose the length of the lease and the rental rates, citing a confidentiality agreement.Israel Seeks Underground Secrets by Tracking Cosmic ParticlesNEW YORK — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans' budgets.
Ford CEO Jim Farley sat down for a new edition of Yahoo Finance's Opening Bid podcast, sharing why the auto giant has spent $1 billion to rebuild a Detroit landmark and why he remains bullish on EVs.Future retirees can use the RRSP to save for retirement and be financially secure with the help of a Dividend King and dividend pioneer. The post RRSP Must-Haves: 2 Canadian Stocks to Secure Your Retirement appeared first on The Motley Fool Canada.
Hong Kong Dymon Hongkong Land Kenneth Kan Rental Rates Hedge Fund Central Business District
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