More than 300,000 commercial, residential and industrial land parcels will be automatically extended for another 50 years upon expiration.
Hong Kong property tycoon Peter Lee, actor Andy Lau among 502 awarded in city honours list
Lee given top-tier Grand Bauhinia Medal along with four others including lawmaker Martin Liao and academic Lau Siu-kai.
This is the world’s most expensive city for overseas workers
Hong Kong has once again claimed the title of the ... highlighting that employees who spend a large chunk of their income on rent or mortgages have “less disposable income for other expenses.” ...
Hong Kong developers’ cash rebates of up to 50% draw regulator’s scrutiny
Housing authority says it has noticed developers' high commissions to agents to boost sales and that it could launch an investigation should the need arise Some Hong Kong developers are using cash ...
Hong Kong stocks slide as China industrial profit data sparks recovery worries
Hong Kong stocks slip after growth in Chinese industrial companies’ profits slowed triggering growth concerns.
China’s ‘too small’ property rescue leaves market wanting more
HONG KONG -- China's latest attempt to rescue its property market by buying up unsold homes and cutting mortgage rates has yet to revive confidence, while a slew of developers continue to grapple with ...
Bubble tea, hotpot vanish as mainland Chinese retailers bear the brunt of Hong Kong’s rent
The city’s famously high commercial property rents are a constant threat to the survival of retailers. In a post issued recently on its official Redbook account, LMM said the rents for its Hong Kong ...
Hongkong Land reinforces strategic position in Southwestern China with official launch of “The Ring, Chengdu”
Hongkong Land’s first wholly owned commercial property development in Chengdutargets a growing consumer base in the economic hub A retail pre-leasing rate of nearly 90% reflects strong demand for ...
Hong Kong’s New World Development touts US$4.5 billion in new loans, repayments
Company says it has secured multiple low-cost new loans to replenish its liquidity and increase the proportion of yuan loans as it seeks to control financing costs.
Hong Kong Judge Gives Property Firm Kaisa Time To Restructure Debt
Debt-hit Chinese developer Kaisa was given extra time to come up with a restructuring plan Monday as creditors sought to wind up the company, according to media reports.
Mainland retailers struggle to survive Hong Kong’s sky-high rents, fierce competition
A tide of mainland Chinese retail brands expanding in Hong Kong appears to have ebbed, with several food and beverage chains ending their tenancies as their businesses come under pressure ...
Hongkong Land: Consider Portfolio Optimization And Office Property Market Outlook
Read about Hongkong Land's potential portfolio optimization moves and the improved outlook for Hong Kong's office property market. Explore more here.
Hong Kong bankruptcies spike to 2-year high in May with more than 870 filings
Hong Kong bankruptcies hit a two-year high of more than 870 filings ... to the unemployment rate – which remained low – and people being unable to pay their mortgages, unlike previous financial crises ...
Why Hong Kong needs to embrace failure to succeed
A spirit of adventure – from small businesses to the government wealth fund – is crucial as Hong Kong faces rapid changes and challenges.