Eight rounds of mortgage tightening under Chan's watch, dubbed as 'spicy policies', helped the city tackle property speculation, fend off widespread defaults Negative equity has not been an issue in ... ( read original story ...)
Hong Kong’s interbank rate climbs to two-year high as HKMA’s intervention saps liquidity from city’s currency market
Liquidity is declining after the authorities bought the local currency and the Hong Kong Monetary Authority followed in the Federal Reserve’s footsteps in raising interest rates. ( read original story ...)
Hong Kong Interbank Rate Posts Biggest Weekly Jump in Two Years
Hong Kong’s benchmark borrowing costs jumped the most in over two years last week, as liquidity shrank after the Federal Reserve’s interest-rate hike.Most Read from BloombergPutin Gets Unexpected ... ( read original story ...)
6 Hong Kong heritage and historical buildings that dodged demolition, and 6 that did not, since 1997
These 12 sites have dominated Hong Kong's preservation debate during the last 25 years as old vies with new in a rapidly developing city PMQ, Tai Kwun and the Central Market are among the lucky ... ( read original story ...)
Hong Kong’s buyers snap up 70 per cent of new homes on offer, casting aside HKMA’s 75-point interest hike as banks deferred raising mortgage rates
Buyers snap up 70 per cent of 332 new flats on offer at three projects across the city Henderson sold 70 per cent of Baker Circle Dover in Hong Hum, while SHKP's Silicon Hill in Tai Po sold 90 per ... ( read original story ...)
In Hong Kong’s property market, HK$10 million no longer buys what it did in 1997
Average home prices on the secondhand market have increased 2.4 times since 1997, with some flats appreciating by more than 450 per cent. ( read original story ...)
Hong Kong’s Rate Hikes to Drive Down Costly Housing Prices
Rising interest rates in Hong Kong are pushing up costs for homeowners and threatening to drive down prices in the world’s most expensive housing market. ( read original story ...)
Developers’ aggressive loan schemes could put financially weak buyers at risk if Hong Kong home prices fall, analysts say
However, if home prices drop, the buyers may need to pay extra to take into account the drop in the value of the property when they shift to another mortgage plan, Wong added. The Hong Kong Monetary ... ( read original story ...)
Hong Kong property developer achieves capital markets first
New World Development becomes the first Asian corporate to issue a USD-denominated dual-tranche social and green offering in the public bond markets. ( read original story ...)
Departing Hong Kong property investors haunted by same dilemma of 1997, where will the best real estate returns be found?
Hong Kong is now facing its biggest exodus since 1997 amid concerns over the National Security Law and strict social-distancing measures Mature residential property markets such as London and ... ( read original story ...)
Is Hong Kong a great place to live? How quality of life changed post-handover
With more than 7 million people, Hong Kong is both a bustling high-rise metropolis and a city with wide open spaces. It is a global financial centre and a place where conservation, heritage and the ... ( read original story ...)
25th Anniversary of the Return | Stable and counter-cyclical property prices can reduce spicy? HKMA: This move will not help citizens get on the bus
In addition to the talent issue, when it comes to the long-term high property prices in Hong Kong, the HKMA reiterates that counter-cyclical measures can only be adjusted when the cycle changes, and ... ( read original story ...)
Lam Cheng left office to stay in Hong Kong as a “shellless snail” and revealed his retirement schedule. Where is the wild caught?
Chief Executive Carrie Lam, who will be in office until June 30, will move out of the Government House, and her whereabouts have attracted much attention. In an exclusive interview with Hong Kong and ... ( read original story ...)
How Hong Kong could become the next hot place for Russian oligarchs to store their wealth
Hong Kong may be the new ‘Londongrad’ as Western governments crack down on Russian money and the world’s oligarchs eye new places to store their wealth ... ( read original story ...)