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Category: PROPERTY

Posted on 07/10/2023

Is There A Real Estate Bubble In Hong Kong That’s About To Burst?

Chinese real estate developers are having some of their worst 12-month periods on record this year, defaulting on billions of debt as they face the new reality of much slower home sales in mainland ...

Posted on 05/10/2023

Mid-Week In China: A Tough Export Climate & More Property Woes Sink Hong Kong Stocks

Fears of an increasingly tough climate for Chinese exporters and more malaise in the property market sent Hong Kong shares trading lower Wednesday. After trying to rise higher in the morning, the Hang ...

Posted on 04/10/2023

Embattled Chinese property firm Evergrande up 20% after trading resumes in Hong Kong

Shares of embattled Chinese property giant Evergrande surged over 20% after it resumed trading in Hong Kong on Tuesday.

Posted on 03/10/2023

Stock market today: Asian markets sink, with Hong Kong down almost 3% on selling of property stocks

U.S. futures fell and oil prices also were lower. Hong Kong’s Hang Seng dropped more than 3% as investors unloaded property shares. However, China Evergrande was up nearly 16%, resuming trading after ...

Posted on 03/10/2023

Hong Kong shares drop 3%, dragged down by real estate and energy

Hong Kong's Hang Seng Index dropped more than 3% Tuesday, dragged by its real estate and energy sector. The benchmark index's loss of over 500 points is a significant decline, Everbright Securities' ...

Posted on 03/10/2023

Hong Kong stocks sink most in three months amid China property woes, US rate worries

They were up 16% to trade at 37 Hong Kong cents (4.7 US cents), only 1% of the value of its peak price in October 2017. The stock of Evergrande Property Services also resumed trading, down 1.7% to 58 ...

Posted on 03/10/2023

Shares of China Evergrande and its property unit jump in Hong Kong as they resume trading after confirming chairman is under police control

Evergrande shares surged as much as 42.2 per cent to 46 Hong Kong cents in early Tuesday trade, while shares of the company’s Evergrande Property Services unit rose as much as 14 per cent to 67 Hong ...

Posted on 03/10/2023

China’s Evergrande Resumes Hong Kong Trading

Heavily indebted Chinese property giant Evergrande resumed trading in Hong Kong on Tuesday, according to a statement on the stock exchange's website.

Posted on 03/10/2023

Scrapping Hong Kong property curbs would be welcomed, but not sufficient to fix what ails the flagging sector: analysts

Any government rollback of property cooling measures is likely to boost home sales in Hong Kong, but even completely scrapping the measures would not be enough to revive a market that is grappling ...

Posted on 03/10/2023

China Evergrande soars after property developer’s stocks resume trading

HONG KONG (AP) — Shares of debt-laden property developer China Evergrande Group soared Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares ...

Posted on 02/10/2023

Refinancing loans drive up mortgages by 26.9% in August

Mortgages for financing new homes or primary market transactions fell 19.8%. Residential mortgage loans extended in Hong Kong rose by 26.9% in August to HK$35.6b, according to data from the Hong Kong ...

Posted on 01/10/2023

Hong Kong sees improved retail property sales transactions

Retailers and shopping mall operators in Hong Kong are pinning their hopes on the night-time economy to stimulate local spending sentiment and help revive the local retail market. On the bright side, ...

Posted on 28/09/2023

Hong Kong Mortgage Rule Easing Seen Doing Little to Lift Market

Hong Kong is relaxing its mortgage rules for homes under construction, as the government takes further steps to support the city’s property market that’s been weighed by high borrowing costs.

Posted on 28/09/2023

Trading of shares of heavily indebted property developer China Evergrande suspended in Hong Kong

The Hong Kong stock exchanges says share trading of heavily indebted Chinese property developer China Evergrande Group has been suspended ...

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