HSBC saw a surge in mortgage lending in Britain in the first three months of 2022, but has reported an earnings dive following the escalation of the Russia-Ukraine war. ( read original story ...)
China property firms joined central bank talks on ways to help sector, sources say
HONG KONG/BEIJING- Several Chinese property developers attended talks with China's central bank last week to discuss the sale of distressed assets and other ways to support the real estate industry ... ( read original story ...)
Hong Kong’s homebuyers turn up in droves in a bout of revenge buying to snap up half of Wheelock’s Monaco Marines flats at Kai Tak
An estimated 70 per cent of customers bought for their own use, with investors making up the remainder of the purchases, bolstering confidence in the market’s buying power, agents said. ( read original story ...)
Intellectual property to be added to Hong Kong-China deal allowing mutual recognition of court rulings
Hong Kong is seeking to add intellectual property matters to a deal with mainland China that recognises and enforces judgements in civil and commercial cases on both sides of the border. The ... ( read original story ...)
Fintech the focus for PolyU doctorate
For that reason, The Hong Kong Polytechnic University (PolyU) introduced a pioneering Doctor of FinTech (DFinTech) programme in 2019, combining taught courses and a research thesis, to ensure students ... ( read original story ...)
Hong Kong politicians accused of benefiting from ‘protections and freedoms’ in West over property portfolios
found that nine Hong Kong officials and 12 members of Hong Kong’s legislature have property overseas including in Britain, Canada, the United States, Australia, Japan and France. The authors accused ... ( read original story ...)
Meet Jonathan Kwok, Hong Kong’s youngest billionaire
The Kwoks are Hong Kong’s richest family thanks to Sun Hung Kai and Empire Group, but what do we know about Walter’s son Jonathan? ( read original story ...)
Hong Kong Landlords Brace for Even Deeper Cuts to Retail Rents
Hong Kong’s retail landlords are bracing for a further squeeze on the lowest rents in more than a decade as tenants seek relief in the aftermath of the city’s worst Covid outbreak. ( read original story ...)
Hong Kong’s vision of Greater Bay Area is materialising with dual-metropolis concept, infrastructure drive
Despite the uncertainties Covid-19 has brought to Hong Kong, particularly during the recent fifth wave of the pandemic, the city’s long-term future is well supported by the government’s policies. ( read original story ...)
How data technology can help property buyers
The recent property prices show an adjustment trend. Buying an apartment is still the goal of most Hong Kong people, but there is always a lack of relevant information. (1) Predict the landscape as ... ( read original story ...)
Chinese banks defer mortgage payments due to Covid spikes
Major Chinese banks have allowed clients in some cities and provinces hard-hit by Covid-19 to delay their mortgage payments to assist clients with payment difficulties at a crucial moment in the fight ... ( read original story ...)
Hong Kong homeowners struggle to sell in sluggish property market
The world’s least affordable housing market is in a rut. Hong Kong home prices have fallen more than 6 per cent since a peak in August, with no quick recovery in sight. Some analysts are predicting ... ( read original story ...)
Hong Kong co-living sector likely to see more consolidation as opportunities grow
Mergers and acquisitions (M&As) among co-living operators have increased over the past few weeks, as the average occupancy rates of flexible living spaces have stabilised to around 90 per cent this ... ( read original story ...)
Hong Kong developers shower rebates, discounts and goodies to whet buyers’ appetite for ‘revenge spending’ ahead of massive launches in the second quarter
Up to 4,000 new flats in 11 projects may be released for sale in the second quarter, said Hong Kong Property Services (Agency)'s Chief Operations Officer Dave Ma Henderson Land Development and ... ( read original story ...)