The decision followed months of intense negotiations as international creditors moved against Evergrande to get some of their money back.
Evergrande collapse: Hong Kong court orders liquidation of China property giant
Judge says ‘enough is enough’ after developer, which has $300bn in debt, fails to provide convincing restructuring plan ...
Hong Kong court orders property firm China Evergrande to liquidate
Property developer China Evergrande Group has been ordered to liquidate after it failed to reach a restructuring deal with creditors
US interest rates drag down Hong Kong property, with China economic recovery only ‘light at the end of the tunnel’: JLL chairman
Tsang said Hong Kong’s talent scheme should come with more policy support, such as mortgage relaxations and relaxations of capital outflow controls, to boost housing transactions. Chinese buyers ...
China Evergrande: What if the property giant is liquidated?
One of China's largest real estate developers faces a winding-up petition in a Hong Kong court on Monday. A liquidation of the firm could have far reaching consequences for the world's second-largest ...
Hong Kong’s environment chief admits government has not done enough to explain a delayed waste-charging plan
Hong Kong’s environment chief has admitted that the government ... residents’ organisations or property management companies to collect rubbish. He said it would take time for residents to understand ...
China property: Evergrande’s Hengda unit to sell stake in Shantou project for US$19.4 million as Hong Kong court hearing nears
A unit of China Evergrande Group, the most indebted property developer in mainland China, has agreed to sell its stake in a project in Shantou, southern Guangdong province, continuing to pare down ...
New Rules Boost China Property Shares but Could Miss the Mark, Analysts Say
HONG KONG (Reuters) - Chinese property shares rose on Thursday, strengthened by the latest relaxation in credit measures to support the embattled real estate industry, but few market participants ...
China property stocks jump as Beijing takes steps to boost liquidity in the beleaguered sector
China's property stocks jumped after the country's central bank announced measures that would help boost the liquidity available to property developers. Shares of Hong Kong-listed Country Garden ...
Hong Kong’s worst office slump squeezes real estate funds
head of Hong Kong capital markets at Jones Lang LaSalle. “Owners have to cut their prices.” Some office owners including Chinese companies and funds have stopped repaying their mortgages or are ...
Luxury Hong Kong mansion on The Peak sells at 35% discount for US$107 million to company linked to Mindray founder
The two-storey, 11,687 sq ft detached house on Lugard Road went on sale in October and was valued at HK$1.3 billion (US$166 million).
Hong Kong Peak Mansion Sold at 30% Discount for $107 Million
A Chinese billionaire snapped up a luxury property on Hong Kong’s Victoria Peak for a discount of more than 30%, seizing an opportunity amid the city’s unprecedented real estate downturn. The mansion ...
Mainland Chinese buyers return to Hong Kong’s luxury property market amid signs of a pickup in activity
Hong Kong’s luxury property segment is showing signs of a revival, with mainland Chinese buyers returning to the market after an absence of a few years because of the pandemic. Market observers expect ...
Hong Kong stocks rebound, China shares languish near 5-year lows
Data on Wednesday showed China's economy expanded by 5.2% in the fourth quarter of 2023, missing Reuters poll estimates of 5.3% growth.