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Category: PROPERTY

Posted on 09/11/2023

Hong Kong police charge 2 men with property damage over alleged disruption of organ donation register

Hong Kong police have charged two men with criminal damage to property, after they were arrested in June for allegedly disrupting the city’s organ donation register following controversy over opening ...

Posted on 09/11/2023

Former Man United star Gary Neville seeks buyers from Hong Kong for branded property units in Manchester

Former footballer Gary Neville is marketing to Hongkongers, flats in a 41-storey tower in Manchester that will be the first branded residences and five-star hotel in the city located in northwest England.

Posted on 08/11/2023

Factbox-China property rescue? Who are Ping An Insurance Group and Country Garden?

Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nation's biggest private property developer, Reuters reported on Wednesday, citing ...

Posted on 08/11/2023

Ping an Loses $2.1 Billion in Market Value, China Property Rallies on Country Garden Rescue Report

HONG KONG (Reuters) - China property stocks rallied and Ping An Insurance Group shares slumped to a one-year low on Wednesday after Reuters reported Chinese authorities had asked the firm to take a controlling stake in troubled developer Country Garden.

Posted on 08/11/2023

Hong Kong economy to grow by 3-4 per cent this year on slower-than-expected recovery in tourism and trade, finance chief warns

Financial Secretary Paul Chan says ongoing weakness in exports and fewer tourists in city have affected economy.

Posted on 07/11/2023

Danger still exists for borrowers, lenders in Hong Kong

Thanks to the US dollar currency peg, rates in Hong Kong should hold steady, too. That should bring some relief to long-suffering mortgage holders. Fed chief Jay Powell has described the US central ...

Posted on 06/11/2023

Hongkong Land’s Jardine House, iconic witness to 50 years of city’s development, celebrates milestone with exhibitions

Then known as Connaught Centre, the building was the tallest in Asia at 178.5 metres when it opened in 1973 but only held that record until 1974, according to Hongkong Land, the owner and operator of ...

Posted on 01/11/2023

Hong Kong property in double trouble after government rejects bids for Tung Chung site, deal flow in Oct at 7-year low

The Hong Kong government rejected all four tenders for a residential site, as they "did not meet the government's reserve price for the site" Hong Kong's property transaction volumes in October fell ...

Posted on 01/11/2023

Hong Kong student group alleges attempted forced entry of properties amid lawsuit over ownership

The Hong Kong Federation of Students (HKFS) has filed a police report after suspecting that a group of unknown men had tried to forcefully enter two of its properties. The alleged forced entry took ...

Posted on 31/10/2023

Hong Kong’s Negative-Equity Mortgages Triple to 11,100 Cases

The number of negative-equity mortgages in Hong Kong more than tripled in September, a sign of continued weakness in the city’s property market.

Posted on 30/10/2023

Hong Kong sentences four to 2 years in prison for praising knife attack on police officer

Four former Hong Kong student leaders were sentenced to two years in prison on Monday for inciting violence after earlier pleading guilty to praising the knife attack on a police officer in 2021 as ...

Posted on 28/10/2023

Hong Kong housing: John Lee vows not to ‘target’ property prices, acknowledges conflicting interests of current, potential homeowners

People who haven’t bought a home are certainly hoping prices will fall, but those who already own property, on the other hand, are hoping prices will stay put,’ he says.

Posted on 27/10/2023

Hong Kong’s property prices won’t pop any time soon. Here’s why

Hong Kong leader John Lee this week eased the city's decade-old residential property cooling measures — but will it be enough to boost market sentiment?

Posted on 26/10/2023

John Lee policy address 2023: record 410,000 new public flats in Hong Kong, shorter waiting time over next decade

Lee also announced measures to help Hongkongers from the lower-to-medium income group to buy second-hand subsidised homes by extending the mortgage default guarantee of subsidised flats from 30 to 50 ...

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