Hong Kong home prices little changed in May

Hong Kong's home prices largely stayed flat in May, government figures showed on Thursday, supported by falling mortgage rates. BY THE NUMBERS Private home prices edged up only 0.03% in May from the ...

Is Hong Kong’s New World Too Big to Fail?

New World Development Co.’s financial distress is creating angst just as Hong Kong is starting to regain its feet. The real estate developer’s systemic importance is of great concern to residents, ...