The beleaguered company proposes up to US$4 billion in debt-to-equity swaps, plus issuance of dollar-denominated bonds, in a filing to the Hong Kong stock exchange on Friday.
Hong Kong stocks rise around 3% after reports say city is considering Covid rule easing
Hong Kong's Hang Seng index rose, bucking the trend in the region after local media reported that the city is considering dropping its outdoor mask rule ...
Hong Kong home prices drop to the lowest in nearly five years — and the worst may not be over
Prices of Hong Kong's residential properties plunged to a near five-year low as rising interest rates and a mass exodus of expat workers drove down prices.
Sign Of Life? Hong Kong Investor In Line To Buy £350M London Office
A private Hong Kong property company is in advanced talks to buy a £350M Midtown office block from Landsec , in one of the largest London deals to complete since interest rates spiked in the second ...
Live news: UK construction growth slows as mortgage rates hit housing market
The EU, alongside the US, UK and other western allies, has already imposed eight packages of sanctions against Russia, targeting scores of banks, defence companies, oil and gas producers and other ...
Hongkong Land unveils ‘LANDMARK Xmasverse’ to enrich digitised customer experience
Debuting on 7 December, it features numerous digital accompaniments in addition to the magical extravaganza, including interactive digital games.
Easing Pandemic Rules Send Hong Kong Shares Soaring
The Hong Kong Hang Seng Index opened higher Monday and rose to the close, finishing up 4.5% on signs that mainland China authorities are prepared to further ease anti-pandemic strictures. Property and ...
Has Hong Kong emigration to UK peaked?
Mary Chan described how buying a house in the UK had driven her to distraction. “The agent did not turn up for our appointment. The solicitor replied late and incompletely to my questions.” She twice ...
Devoting efforts on trade partnership
We are seeking actively to join the Regional Comprehensive Economic Partnership with many of the member states located along the Belt & Road, and our accession to the pact will fortify the city’s role ...
Current mortgage rates
Compensation is higher for Featured placements. This table does not include all companies or all available products. How do mortgage rates work? How high will mortgage rates go? Shop mortgage rates on ...
Pandemic, Property Sector Concerns Drive Hong Kong Shares Lower
The Hong Kong Hang Seng Index opened evenly Friday but declined through the afternoon, finishing off 0.3% as traders again cast a wary eye on property issues, given mainland China's troubled real ...
China property bailouts leave most out in the cold
President Xi Jinping is wrapping up his massive property stress test, but it looks like few have passed. On Monday Beijing announced homebuilders can use equity financing again, lifting a ban in place ...
UK mortgage approvals tumble; markets rally as China boosts Covid-19 vaccinations for elderly – business live
The number of mortgages approved by lenders in Britain hits its lowest level since June 2020, as housing market slows ...
China’s zero-COVID lockdown protests drag on Chinese and Hong Kong stocks as unrest spooks investors
The eruption of COVID-19 lockdown protests in China are weighing on stocks in the mainland and in Hong Kong. Hong Kong's benchmark Hang Seng Index shed more than 4% at the open and closed 1.6% lower.