Chinese Banks Expand in World’s Priciest Office Market
- CMBI, Minsheng Bank and Orient Finance add space in Hong Kong
- General market demand remains muted as economy suffers
This article is for subscribers only.
Chinese finance companies are taking more office space in Hong Kong, joining Alibaba and other mainland firms expanding in the world’s most expensive market even as foreign players consider scaling back.
CMB International Capital Corp., China Minsheng Banking Corp. and Orient Finance Holdings Ltd. expanded their office space in the Central hub in the past three months, according to people familiar with the matter.