AMONG those looking forward to the Federal Reserve’s interest rate cuts, few are as anxious as Hong Kong’s property tycoons who are now dealing with sluggish home sales, empty office buildings and ...
China property shares plunge after removal from Stock Connect
The removals are the latest blow to China’s real estate stocks amid an ongoing property downturn. The country’s residential housing slump deepened in August despite government efforts to support the ...
Opinion | To buy or not to buy in Hong Kong’s volatile property market?
I didn’t panic when my house was worth HK$5 million and I didn’t celebrate at HK$50 million. This concrete box is my home.
Hong Kong’s student housing boom sees investors snap up assets as rents soar
Investors are converting discounted properties into student accommodation in Hong Kong, eyeing high demand and potential for growth.
Hong Kong rents set to hit record high as talent influx fuels demand
The rental index is about 3 per cent away from the peak seen in August 2019, a jump that is not entirely implausible, JLL says.
Hong Kong’s property market grappling with sinking property values
Hong Kong renowned property market, once a beacon of the city financial prowess, is experiencing a substantial downturn. Property revaluations are revealing ...
China Market Update: Growth Stocks Rebound As Banks’ Balance Sheets Face Mortgage Refinancing
Yesterday, Hong Kong and Mainland China were hit on profit-taking after Friday’s strong move, with the Hang Seng down –1.31%, Hang Seng Tech down -1.74%, and Shanghai and Shenzhen markets down -1.1% ...
Hong Kong property deals slump to 6-month low as market-boosting measures wear off
Overall real estate transactions in August fell 10 per cent month on month to 4,729 units, while value declined 20 per cent to US$4.4 billion.
Hong Kong property deals slump to 6-month low as cooling measures wear off
Overall real estate transactions in August fell 10 per cent month on month to 4,729 units, while value declined 20 per cent to US$4.4 billion.
Hong Kong developers launch price war to ‘kick-start market’ ahead of Fed rate cut
Hong Kong’s property developers kicked off a new round of price cuts to offload new-home inventories after the US Federal Reserve gave its strongest hint yet about an imminent rate cut. KT Marina, a ...
Hong Kong Property Pain Worsens for New World and Scion CEO
New World Development Co.’s shares fell as much as 14% Monday morning, as Hong Kong’s property downturn weighs on the firm owned by the billionaire Cheng family.Most Read from BloombergA Guide to ...
How Atelier Shan transformed this gloomy Hong Kong village house into a chic minimalist home
This formerly dim, dark village house on Lamma Island was the first rough draft for a minimalist, meditative retreat from the bustle of city life ...
China considers allowing refinancing on $5.4 trillion in mortgages, Bloomberg News reports
China is considering allowing homeowners to refinance as much as $5.4 trillion in mortgages to reduce their borrowing costs, Bloomberg News reported on Friday, citing people familiar with the matter.
China mulls $7.9 trillion in mortgage refinancing as economy stutters
The government plan would let homeowners switch banks for cheaper loans, as the property slump drags down consumer spending and household wealth.