China Evergrande Group won breathing room to strike a restructuring agreement with creditors after a Hong Kong court again pushed back a decision on whether the world’s most-indebted property ...
Evergrande Sees Last Chance To Avoid Liquidation In Hong Kong Court
Chinese property giant Evergrande is due to present its restructuring plans in a Hong Kong court Monday, a deadline imposed by a judge for the heavily indebted company to avoid liquidation. Once China ...
Sun Hung Kai’s biggest weekend property sale since 2022 pays off, as homebuyers snap up flats at Yoho West amid strong demand
About 90 per cent of flats on offer this weekend at Yoho West, a joint project between SHKP and MTR Corp, are expected to be sold, according to agents Yoho West enticed more homebuyers because its ...
FWD HK unveils new retirement plan for HKMC’s programme
This collaboration expands retirement solutions in the market. FWD Hong Kong has introduced the Life Gala Insurance Plan, addressing the crucial need for comprehensive retirement planning. The plan ...
‘Mortgage rate war’ fuels unexpected rise in house prices – latest updates
Mortgage brokers have said a battle to offer the lowest mortgage ... Brent crude, the international standard, dropped 29 cents to $80.57 a barrel. Hong Kong’s Hang Seng dropped 0.5pc to 16,950.14, ...
HK Oct Mortgage Loans Approved Drop 2.2% MoM
The Hong Kong Monetary Authority (HKMA) released the results of the residential mortgage survey for October. The number of mortgage applications decreased by 39% MoM to 5,359. Mortgage loans approved ...
Hong Kong home sales jump 22 per cent in November as impact of property easing measures filters through
Transactions for 2,767 new and lived-in homes were completed last month, a 22 per cent increase from October. But overall property deals are on track to end below the all-time low of 59,619 in 2022.
Hong Kong Property Slump Sinks a Record Number of Land Tenders
Hong Kong saw a record number of failed land tenders this year with plot-sales revenue headed toward the lowest due to the sector downturn.
Hong Kong’s second-hand home prices fall to lowest since March 2017, with skid set to continue through 2024’s first half
Lived-in home prices fell by 2.16 per cent in October, the second steepest monthly decline of 2023, as a property analyst predicts a 6 per cent full-year decline with a drop of up to 5 per cent for ...
Hong Kong, mainland China buyers shrug off high prices and interest rates to pile into prime Australian property
Hong Kong and mainland China-based buyers are snapping up residential units in Australia despite elevated interest rates and surging home prices Down Under, according to agents.
Hong Kong’s Link Reit committed to China as it dismisses rumours of asset sales with Guangzhou mall opening
Hong Kong-listed Link Reit opened the newly renovated mall in Guangzhou’s Tianhe district in September, with CEO George Hongchoy denying rumours that the company plans to sell some assets in China.
Stock market today: Asian shares slide, as Hong Kong retreats on selling of property shares
Shares have fallen in Asia, with Hong Kong's benchmark retreating on selling of property shares following recent gains ...
Hong Kong Housing Society will sell more than 400 subsidised flats at 62% of market price, dismisses concerns over property sector downturn
Cheapest flats at Hemma Amber development in Kwun Tong to sell for HK$2.55 million, with most expensive at HK$6.45 million Hong Kong Housing Society's Peter Or shrugs off property market downturn, ...
Hong Kong mansions, worth US$192 million, linked to China Evergrande founder Hui Ka-yan seized by creditor
The seizure of the two properties on Black’s Link, The Peak, is another setback for the founder of China Evergrande, which faces a winding-up hearing in Hong Kong on December 4.