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Category: PROPERTY

Posted on 30/05/2024

Hong Kong stocks extend losing streak as rising US Treasury yields and China property concerns rattle investors

The Hang Seng Index is heading for a third straight day of losses joining a regional stocks sell-off after poor demand at a US Treasury auction boosted bond yields ...

Posted on 30/05/2024

China’s Property, Tech Stocks Are Falling to Bearish Milestones

The Hang Seng Tech Index rose 26% from an April low, while a Bloomberg Intelligence gauge of property stocks in China and Hong Kong rallied 74%. But they’ve retreated since, signaling that the advance ...

Posted on 29/05/2024

Hong Kong home prices rise 0.3% in April from March

In late February, Hong Kong removed all additional stamp duties for foreign and second home buyers, as well as on those selling flats within two years of buying them, after prices had plunged 20 per ...

Posted on 29/05/2024

Hong Kong property: second-hand prices edge up in April as bargains on new units seduce buyers, analysts say

The second-hand market is facing a lot of competition from the first-hand market, so prices have not had much room to grow,’ Colliers researcher says.

Posted on 29/05/2024

Hong Kong’s rich turn to alternative assets for diversification, returns after stocks and property underperform: survey

Nearly 90 per cent of the high-net-worth investors in Hong Kong intend to increase allocations to alternative assets in pursuit of greater diversification and returns, according to a survey by Endowus ...

Posted on 29/05/2024

Hong Kong Advances Retail e-HKD Testing for Mortgage and Lending Transactions

The Hong Kong Monetary Authority (HKMA) has continued testing its retail e-HKD, the proposed digital version of its local currency.

Posted on 27/05/2024

Chinese property developer Kaisa’s liquidation hearing adjourned

A Hong Kong court on Monday adjourned a hearing on a petition seeking the liquidation of Kaisa Group until June 24, giving the embattled Chinese developer some respite as it works on its debt ...

Posted on 26/05/2024

Innovative design seen in 2 Hong Kong village houses – think open-plan floors, double-height ceiling, glass everywhere

Village houses in Hong Kong mostly look the same. Not a light-filled Tai Wai home that has ample space for partying with sunken floor and double-height ceiling A house on Peng Chau island is enveloped ...

Posted on 25/05/2024

Hong Kong buyers shun new flats at Wheelock’s Park Seasons project as home sales slow in May

Wheelock Properties sold 25 of 154 units on offer at Park Seasons in Lohas Park, Tseung Kwan O, as of 4pm on Saturday Hong Kong is set to record a month-to-month decline of 46 per cent and 31 per cent ...

Posted on 25/05/2024

Mortgage Strategy’s Top 10 Stories: 20 May to 24 May

Key Updates for This Week Stay up-to-date with the latest critical mortgage updates for this week. The election casts uncertainty on leasehold and rent reform bills, while experts suggest the BoE ...

Posted on 24/05/2024

2 men to go on trial for allegedly helping Hong Kong authorities gather intelligence in UK

The office manager of the Hong Kong trade office in London and another man will go on trial in February for allegedly helping Hong Kong ...

Posted on 24/05/2024

Two men charged with spying for Hong Kong arrive at court in London

Two men charged earlier this month with agreeing to engage in information gathering, surveillance and acts of deception that were likely to materially assist the Hong Kong intelligence service from ...

Posted on 24/05/2024

Explainer-China’s latest property market support package – its contents and what’s at stake

China announced "historic" steps last week to stabilise its crisis-hit property sector, aiming to clear inventory and boost homebuyer demand. Here is what we know so far: WHAT ARE THE NEW MEASURES?

Posted on 24/05/2024

Only 20% of residents at Hong Kong housing block in waste charge trial following rules, property manager says

Only about 20 per cent of residents in one housing block taking part in Hong Kong’s waste charge trial were using designated bags.

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