China’s trophy case could become discount rack

HONG KONG (Reuters Breakingviews ... Meanwhile, Reuters reports the property-to-cinema firm Dalian Wanda is blocked from refinancing offshore subsidiaries. In contrast, HNA Group says it remains keen on ousted White House adviser Anthony Scaramucci's ... ( read original story ...)

SJM Holdings revenue, earnings and profit all down in H1

Figures released Tuesday show the Hong Kong-listed SJM’s gaming revenue falling 2% year ... If there was a bright spot, it was SJM’s flagship property, the Casino Grand Lisboa, which saw revenue improve 7.7% to HKD 7.3b, largely on the strength of ... ( read original story ...)

Hong Kong’s mortgage loans up 5.6 pct in June

Mortgage loans approved in June rose 5.6 percent month-on-month to 44 billion HK dollars (about 5.6 billion U.S. dollars), the Hong Kong Monetary Authority said here on Monday. Mortgage loans financing primary market transactions increased 19.2 percent to ... ( read original story ...)

Markets Live: Big miners rally on

It also shows that low mortgage rates alone are not the driver of the much ... Ding Shuang, chief China economist at Standard Chartered in Hong Kong, said: The economy in the second half will likely slow down gradually. With the deleveraging in process ... ( read original story ...)

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Is Xi worried about Pyongyang-triggered financial crisis?

Famed Hong Kong investor Xiao Jianhua was abducted by Chinese authorities ... by financial crises -- first the Asian currency crisis of 1997, and then the subprime mortgage crisis 10 years later. It is only natural that Xi should fear a repeat. ( read original story ...)

U.S. Mortgage Rates Move Lower in Mid-July

The 30-year mortgage rate moved with Treasury yields ... foreign investment in U.S. residential real estate skyrocketed to a new record-high Hong Kong Skyscrapers Most Expense Real Estate Assets in the World According to global real estate advisor Knight ... ( read original story ...)

Time to cut property cartel down to size

Who says local academics are timid? A new report by two University of Hong Kong scholars has made a provocative challenge to the property cartel. Lawrence Lai Wai-chung and Chau Kwong-wing, both professors at the Department of Real Estate and Construction ... ( read original story ...)