The Hang Seng Index has tumbled more than 20% from its recent high, with global investors growing more cautious around China's ailing property market.
Why were some of the new offices in Hong Kong difficult to lease out?
That is despite offering attractive rental levels. Most companies in Hong Kong were not in expansion modes with business prospects still far from certain. According to Savills, even with ...
Hong Kong Food Expo: truffle milk tea and prize of 500 cans of abalone among lures exhibitors hope will drum up business
Operators are predicting up to 20 per cent boost in business over last year’s fair following end of pandemic restrictions.
Hong Kong property: developers give land for starter homes in Tsuen Wan the cold shoulder as market struggles with high rates, low demand
Only Grand Ming Group bid on deadline day for the parcel earmarked for 1,950 flats that must be offered as starter units priced at 80 per cent of market value The 'complicated' nature of the project, ...
China trust deficit: crisis spurs shadow banking policy response calls
Zhen, Laura Matthews HONG KONG/NEW YORK (Reuters) -Chinese fears of a spillover from missed payments on some shadow banking linked trust products and worsening consumer sentiment are expected to ...
Hong Kong freedoms continued to erode in 2022, despite promises, EU says
Hong Kong's democratic principles, freedoms and autonomy continued to erode in 2022, despite China's obligation to protect them, the European Commission said in an annual report. Hong Kong returned ...
Hong Kong judges propose a further delay in the trial of activist publisher Jimmy Lai
Hong Kong judges have proposed a new delay in the trial of a prominent activist publisher who was arrested in August 2020 under a sweeping Beijing-imposed national security law.
Hong Kong’s benchmark Hang Seng index closes in bear market territory
Hong Kong's benchmark stock index closed in bear market territory, down 2.1% in the Friday session and more than 20% below the highs of January, as uncertainty over China's property market and growth ...
Evergrande seeks US court nod for $32 bln debt overhaul as China economic fears mount
Embattled developer China Evergrande Group has filed for bankruptcy protection in a U.S. court as part of one of the world's biggest debt restructuring exercises, as anxiety grows over China's ...
Hong Kong Finance ‘Czar’ Yam Is Frontrunner as Next HKEX Chair
Hong Kong Monetary Authority’s founding chief executive, Joseph Yam, has emerged as the leading candidate to become the next chairman of city’s stock exchange, according to people familiar with the ...
Hong Kong Stocks Are in a Bear Market, Another Sign of Trouble in China
The Hang Seng Index has fallen more than 20 percent from its recent high, as investors grow more pessimistic about China’s post-pandemic recovery.
Living in a drain, a cage or a ‘coffin’: Hong Kong housing crisis worsens
Luxury properties are always available for those that can pay, but there's an increased demand for luxury on a smaller scale in Hong Kong. This narrow flat is in a new property development in the ...
China’s property giant Evergrande files for bankruptcy protection in Manhattan court
The world's most indebted property developer defaulted in 2021 and announced an offshore debt restructuring program in March.
Luxury Maternity Care Center Saint Bella Weighs Hong Kong IPO in 2024, Sources Say
Saint Bella, a Chinese maternity care company that partners with upscale hotels to provide women with luxurious spaces to recuperate in after giving birth, is considering an initial public offering in ...