Hong Kong Property Shares Turn Toxic as Mortgage Costs Spike

Hong Kong’s property developers are fast falling out of favor among investors as surging mortgage costs and punitive taxes threaten to choke home sales. A gauge of real estate companies traded on the city’s stock market has tumbled 13 percent this ... ( read original story ...)

Hong Kong stocks plunge on Fed rate hike woe

Shares tumbled in Hong Kong Thursday, led by property firms, after the Federal Reserve lifted interest rates and indicated a further three hikes are likely next year. The Hang Seng Index dived 1.77 percent, or 397.22 points, to 22,059.40 at the close. ( read original story ...)

Hong Kong hikes borrowing costs after Fed move

"Hong Kong rates are low relative to inflation," he said. "When US rates normalise and Hong Kong rates rise, this is good for adjusting Hong Kong’s economic structure." - Bloomberg News contributed to this story ( read original story ...)

Hong Kong Property's Fed Blues

He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News. Hong Kong property investors thought they could pick up pennies in front of the steamroller called the Federal Reserve. ( read original story ...)

Hong Kong urged to think of ways to fund long-term elderly care

A report by the Our Hong Kong Foundation also cited an overseas study which suggested the social burden of an ageing society could be even bigger than the medical cost. Rather than just providing elderly people with medical treatment, the goal of long-term ... ( read original story ...)

Hong Kong trader seeks judicial review over hairy crab ban

In a judicial review application filed at the High Court yesterday, the Hong Kong Tin Lung Trading Company claimed the decision announced by the Food and Environmental Hygiene Department on November 1 to suspend the import of hairy crabs from two farms in ... ( read original story ...)