Hong Kong property developer New World Development said on Monday it had not started any discussions with creditors regarding a proposal to restructure its existing debt. The embattled developer's ...
Country Garden expects to reach terms with creditors in February, lawyer tells court
Chinese property company Country Garden , which has defaulted on debt repayment obligations, expects to reach agreeable terms with creditors next month, the firm's lawyer told a Hong Kong court on ...
China Vanke CEO’s reported detention intensifies property sector woe
Concern over China's embattled property sector has deepened after state media reported the detention of China Vanke's chief executive and said authorities are overseeing operations, sending the ...
HSBC: New Measures by HKMA, PBOC to Help HK Mortgage Finance Mkt Flourish
The Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) yesterday (13th) announced new measures to further deepen the Stock Connect between the financial markets of Hong Kong and ...
Home prices in Hong Kong edge up 0.07% in November 2024
Home prices in Hong Kong, one of the world's most unaffordable cities, have tumbled nearly 30% from their 2021 peak, hurt by higher mortgage rates, an outflow of professionals and a weak market ...
Hong Kong-Dollar peg makes less sense than ever
A rate divergence between the US and China erodes the city’s lure as a cheap place for companies to raise funds. It’s time to move on ...
Developer Sunac China gets liquidation petition, Hong Kong judiciary website shows
A liquidation petition has been filed against indebted property developer Sunac China , the Hong Kong judiciary's website showed late on Thursday.
Hong Kong’s November residential sales hit highest levels since April
Total sales from 6,298 transactions hit HK$57.3 billion in November. According to a Knight Frank report, thanks to interest rate cuts and relaxed mortgage rules announced in the Policy Address, Hong ...
UBS Expects HK Property Prices to Remain Flat This Yr w/ Grade A Office Rents Falling 3-5%
Unemployment Rate for Nov in Mexico is 2.6%, higher than the previous value of 2.5%. The forecast was 2.7%.
FLAIR Debuts CES 2025 Showcasing Cutting-Edge Industrial AI Solutions and Hong Kong’s Innovation Prowess
HONG KONG, SAR / ACCESSWIRE / January 6, 2025 / The Hong Kong Industrial Artificial Intelligence and Robotics Centre (FLAIR), specialising in AI and robotics application R&D, will make its debut at ...
Mortgage outlook 2025: Canadians can expect lower rates, deals this year
With inflation back to the Bank of Canada’s two per cent target and rate cuts expected to continue through next year, Canadians should anticipate lower mortgage rates and better deals going into 2025, ...
Hong Kong property: 10,000 new flats set to hit already supply-heavy market in 2025
Low prices will persist as developers offload inventory, but the market will fail to woo investors, according to experts.
Hong Kong property: The rich and famous lose billions as they succumb to slumping home values
Tycoons like Chen Zhuolin, Hui Ka-yan and the Ho Shung-pun family sold homes and offices at significant losses, reflecting the broader market slump ...
Hong Kong property deals drop in December as slump thins agent ranks
Transactions rose 17 per cent in 2024 despite a December decline of 28.3 per cent, according to government data.