Homeowners in Hong Kong are offering steep discounts as they race to offload their properties quickly before the market falls further. In a recent case that underscores the trend, a seller in Tai Po ...
Jardine company earnings held back by Hong Kong property
A number of Bermudian-listed and domiciled Jardine companies reported earnings on Friday, with strong indicators of post-pandemic recovery somewhat balanced by sizeable investment losses. These ...
Hong Kong developer Hang Lung Properties reports 23 per cent profit growth in first half but warns of ‘clouds’ in outlook
Net profit rose to HK$2.39 billion (US$306 million) in the first half, while total revenue dropped 1 per cent even as mall revenue rebounded. Still, ‘plenty of uncertainties’ persist, both ...
Analysis-Words only go so far: Investors want property fixed before buying China
For all the excitement whipped up in China's markets by the Politburo last week, foreign investors say policymakers' words will have to be matched by substantive action to clean up an ailing property ...
Hong Kong and Malaysia sign 11 deals, including 1 involving MTR Corporation, as John Lee wraps up week-long Asean trip
Malaysia and Hong Kong’s MTR Corporation will work together on property developments for a transit rail project linking Johor Bahru and Singapore.
Hongkong Land H1 underlying profit flat at US$422 million
PROPERTY group Hongkong Land on Friday (Jul 28) reported underlying profit of US$422 million for the first half of 2023, marginally down from US$425 million a year ago, amid lower planned sales ...
Hong Kong home prices weaken again as interest-rate hikes, mortgage pain, new supply undermine market recovery
Home prices slipped again in June, official data showed, as rate hikes, higher mortgage repayments and fresh supply of new flats undermined the city’s property market recovery last quarter.
Hong Kong home prices fall again in June as interest-rate hikes, mortgage pain, new supply undermine market recovery
Home prices slipped again in June, official data showed, as rate hikes, higher mortgage repayments and fresh supply of new flats undermined the city’s property market recovery last quarter.
Hong Kong home prices ease in June for a second straight month
Hong Kong home prices fell 0.5 per cent from May, easing for a second consecutive month, hurt by expectations of more interest rate hikes and weak consumer confidence in the city's economic ...
Hong Kong woman dies after quarrel with sisters over sale of property leads to flat fire
The 58-year-old tenant of the flat in Lok Shun House at Tsz Lok Estate in Tsz Wan Shan was certified dead at 11.34pm on Monday after she was sent to Prince of Wales Hospital a day earlier when the ...
Hong Kong stocks gain 4% as China vows support for ailing property market
Mainland Chinese stocks were also all higher, with the Shanghai Composite up 2.13% to close at 3,231.52, its highest one day gain since February. Meanwhile, the Shenzhen Component rose 2.55% and ended ...
China’s property firms rally after Beijing pledges economic support
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.