The vice chairman and co-president of electric vehicle maker XPeng Inc. bought a luxury home in Hong Kong, as the city’s property market hovers around a nine-year low.
Talent helping to stabilise Hong Kong’s residential property market: minister
Labour minister Chris Sun says it is normal for talent to choose to rent homes upon arrival, helping offset impact of ageing local population.
Hong Kong’s New World shares, bonds surge on report of take-private talks
Shares and bonds of Hong Kong property developer New World Development surged on Thursday after a media report on a potential take-private deal.
Hong Kong’s New World shares surge on report of take-private deal talks
Shares of Hong Kong developer New World Development rise sharply following reports of negotiations for a take-private deal with Blackstone, potentially worth up to $2.5 billion. Insights into the ...
Hong Kong’s Housing Market Stuck in Stalemate as Bulls and Bears Face Off
Hong Kong's residential property market remains caught in a tug-of-war, with bullish momentum stymied by a host of bearish fundamentals, according to the latest market outlook from JLL.
Hong Kong’s residential property transactions fall in July from a month earlier
Residential property transactions in Hong Kong fell in July after hitting a seven-month high in June, though activity remains steady, with analysts expecting a rebound in the second half of this year.
Billionaire Robert Ng’s Eldest Son Taking The Helm At Hong Kong Property Giant Sino Group
Robert Ng, 72, who took over from his father and group founder—the late Ng Teng Fong—in 1991, is retiring from his positions at the Sino Group companies after building the group’s footprint across the ...
Hong Kong property deals cry for China investment
Iconic buildings don’t often change hands. Yet a trio of prime commercial properties in Hong Kong is now up for grabs. Each carries a strong connection to China's state-backed giants, which could ...
Hong Kong’s June lived-in home prices rise to 5-month high as buyers return to market
Second-hand home prices in the city recorded a 0.03 per cent gain in June, the third straight month of improvement, according to data from the Rating and Valuation Department on Tuesday. Since April, ...
McDonald’s Hong Kong property sale draws investor interest
In a statement, the fast-food giant highlighted its ongoing review of its property portfolio, which has led to the decision to offer the Hong Kong sites for sale. McDonald's reass ...
Meitu co-founder snaps up second Hong Kong commercial property in 3 months at discount
Mike Cai Wensheng, the co-founder of the Chinese selfie app Meitu, has bought a redevelopment site in the heart of Hong Kong’s Causeway Bay shopping district, picking up his second property in three ...
Hong Kong Property: Challenged But Resilient – Seeking Alpha
The Hong Kong property market, known for its high prices, is navigating challenges due to factors like rising rates, slow post-COVID recovery and close ties to mainland China.
McDonald’s reportedly to sell 8 Hong Kong properties
Fast food giant McDonald's is planning to sell eight prime retail properties in Hong Kong with a total market value of HK$1.2 billion, according to ...
McDonald’s Seeks to Sell $153 Million in Hong Kong Store Space
McDonald’s Corp. is marketing eight of its retail properties in Hong Kong valued at HK$1.2 billion ($153 million), at a time when the real estate market in the city remains weak.