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Category: PROPERTY

Posted on 27/11/2024

Hong Kong home prices rise for the first time since March, though rents cool slightly

Hong Kong’s lived-in home prices rose in October, according to official data, arresting a five-month decline following an interest-rate cut and eased mortgage rules unveiled by Chief Executive John ...

Posted on 27/11/2024

Hong Kong property tycoon Eric Chu seeks court’s ‘mercy’ for death row wife Truong My Lan

Eric Chu, Truong My Lan’s Hong Kong property tycoon husband, has asked an appeal court to show his wife clemency and give her the “lowest possible” sentence, citing her service to the nation.

Posted on 26/11/2024

Hong Kong property: Agile chairman Chen Zhuolin loses US$16 million in 9-flat fire sale

Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million Chen Zhuolin, the chairman of distressed mainland Chinese developer Agile Group, has ...

Posted on 26/11/2024

Hong Kong property: Agile chairman Chen Zhuolin loses US$16 million in distress sale

Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million Chen Zhuolin, the chairman of distressed mainland Chinese developer Agile Group, has ...

Posted on 23/11/2024

Lesbian daughter of tycoon who offered millions to find her a man is now an iconic LGBTQ+ activist

In 2012, a tycoon tried to find a man to marry his lesbian daughter, Gigi Chao, for a handsome sum. It turned her into an LGBTQ+ icon.

Posted on 22/11/2024

Hong Kong developer New World to focus on managing debt, SCMP reports

Hong Kong property developer New World Development aims to focus on its debt load before any consideration of mergers or acquisitions, according to chairman Henry Cheng, the South China Morning Post ...

Posted on 22/11/2024

Property prices in Asia’s major markets set to rise in 2025: Hong Kong leads

Property prices across Asia's major markets, including Hong Kong, Australia, and Singapore, are expected to rise in 2025. Find out why and what this means for investors.

Posted on 20/11/2024

Hong Kong mortgage fintech FG Holdings files for IPO

FG Holdings, a Hong Kong mortgage fintech company, files for US IPO of up to 2M shares. Anticipated price $4.00-$5.00.

Posted on 20/11/2024

Hong Kong property tycoons plough money into rebounding IPO market

Property tycoons are lending their support to the Hong Kong IPO market for the first time in years, a move that could help fan the flames of a nascent recovery.

Posted on 20/11/2024

China’s tycoons sell luxury Hong Kong homes at steep discounts

Some wealthy Chinese have been selling their high-end homes in Hong Kong, one of the world’s most expensive luxury property markets, at fire sale prices this year.

Posted on 19/11/2024

Chinese Courier SF Seeks Up to $793 Million in Hong Kong Listing

China’s biggest express-delivery firm SF Holding Co. is seeking to raise as much as HK$6.2 billion ($793 million) in its Hong Kong listing in another test of appetite for large share sales in the city ...

Posted on 18/11/2024

Goldman Sachs downgrades Hong Kong stocks to underweight

Hong Kong stocks are cheap but may miss out on the benefits of China's efforts to support its economy, analysts at Goldman Sachs said, while downgrading their recommendation on the market.

Posted on 17/11/2024

Hong Kong Relaxes Mortgage Rules to Bolster Property Market

Hong Kong eased its mortgage rules to allow homebuyers to fork out lower downpayment, aiming to address a prolonged property slump in the city. The loan-to-value (LTV) ratio for all residential ...

Posted on 15/11/2024

Hongkong Land’s Q3 profit rises on China build-to-sell completions

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