Chinese policymakers are planning to cut interest rates on existing mortgages by around 80 basis points as soon as this month, Bloomberg reported on Thursday, citing people familiar with the matter.
Hong Kong stocks rise on speculation about mortgage-rate cuts in China
Hong Kong stocks jumped for a second day to a one-week high as mainland developers rallied on speculation about mortgage-rate cuts. The Hang Seng Index added 1.2 per cent to 17,444.27 as of 11.10am ...
Drop in land sales threatens Hong-Kong’s low-tax regime
Plummeting Hong Kong property prices are pressuring the city’s land sale revenues. It’s threatening to derail its competitive tax model.
HKMC issues second infra loan-backed securities
The Hong Kong Mortgage Corporation (HKMC) announced on September 11 the successful completion of its second infrastructure loan-backed securities (ILBS) issuance amounting to US$423.3 million.
The Fed is making Hong Kong’s billionaire landlords anxious
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 ...