By Clare Jim HONG KONG (Reuters) -Investors piled into Chinese property developers' shares and bonds on Tuesday following a sharp selloff in the previous session, after policymakers said they would ...
Hong Kong rallied more than four percent Tuesday as developers and tech firms soared following a pledge by China’s leaders to introduce measures to boost the country’s economy …
Hong Kong rallied more than four percent Tuesday as developers and tech firms soared following a pledge by China's leaders to introduce measures to boost the country's economy, particularly the ...
Chinese Female Tycoon Gains $1 Billion After Beijing Vows To Support Struggling Property Sector
Wu Yajun, the billionaire cofounder of real estate developer Longfor Group, added $1.1 billion to her net worth on Tuesday.
‘Property quarrel’ led to Hong Kong flat fire, knife attack that left 4 sisters severely injured in hospital
A preliminary investigation suggested the four sisters were doused with a flammable solution and suffered burns when a blaze broke out during the quarrel at the flat in Tsz Lok Estate’s Lok Shun House ...
Why Hong Kong property market still faces a long, hard slog to recovery
The much-anticipated reopening of China's economy after the pandemic has not translated into a steady upturn for Hong Kong's property market The city's ability to bounce back from previous crises ...
China property stocks tumble on renewed debt fears
Liquidity remains a concern for embattled Chinese property developers, which are struggling to emerge from a debt crackdown that started two years ago.
Hong Kong relaxes mortgage rules for the first time since 2009 to make homes more affordable for first-time buyers and upgrades
The government would consider ‘marginally relaxing’ the loan-to-value ratio, to strike a ‘balance [between] financial stability and the interest of first-time homebuyers’, Paul Chan said two weeks ago ...
DBS Reported to Ramp up H-based Mortgage Cap Rate to 5.875%, Bringing Actual Mortgage Rate to Highest in Over 2 Decades
DBS Hong Kong will raise the cap rate for new HIBOR-based mortgage plans exponentially from 3.375% in June to 5.875%, which would be equal to the HKD prime rate and bring the actual mortgage interest ...
Chinese property giant Country Garden sinks in renewed storm
By Ankur Banerjee, Clare Jim and Marc Jones SINGAPORE/HONG KONG/LONDON (Reuters) -China's property sector crisis escalated again on Friday as a sharp fall ...
It’s time Hong Kong landlords woke up from their illusions
Readers discuss the likelihood of a property market correction, and how hard it is for a non-local to rent a flat Feel strongly about these letters, or any other aspects of the news? Share your views ...
Hong Kong mortgage relaxation yet to lift secondary market out of interest rate hike gloom
Hong Kong’s first mortgage policy relaxation in 14 years has yet to bring cheer to the city’s secondary housing market in the 10 days since its introduction.
China’s property woes offer a window into the demise of the country’s boom times
Calls for government stimulus measures have thus far only resulted in modest assistance to the beleaguered sector.
Dubai’s luxury home prices rise the most, Hong Kong still the most expensive prime residential market, Savills says
Dubai’s luxury property prices rose the most among 30 cities in the first half of 2023, according to the latest study by Savills, and Hong Kong still has the world’s most expensive prime residential ...
Lukewarm home sales in Hong Kong signal caution among buyers as looming US Fed hike weighs on sentiment
A third of units at a Yuen Long project and half of units in Wong Chuk Hang sold on Saturday as buyers wait to see if the Fed hikes rates again this month.