HONG KONG -- More than five years ago, when New World Development asked banks in Hong Kong for a billion-dollar syndicated loan to fund the construction of a lavish shopping mall by the city's airport ...
Hong Kong’s property slump may be terminal – The Economist
Hong Kong, long defined by sky-high property prices, has been experiencing a vicious slump. Home prices have fallen by over a quarter since late 2021.
How can Hong Kong’s MTR Corp get back on track amid funding, manpower woes?
Sluggish property market weakens 'rail-plus-property' strategy to raise funds and shortage of technical staff is a major worry, industry players say Hong Kong leader John Lee Ka-chiu was stern-faced ...
Hong Kong government to offer just 1 residential plot for sale in current quarter
A 6,500-square-metre plot at the junction of Wing Shun Street and Texaco Road in Tsuen Wan will be tendered in the July to September quarter.
Chinese Property Stocks Rise on Policy Support Hopes
Property developer stocks had a rare day of outperformance in the Hong Kong market amid hopes that more policy support is on the way.
Commercial property crisis looms in Hong Kong as shrinking values squeeze developers
Capital value of commercial property set to fall by up to 10 per cent this year, with office and shop rents also slipping, JLL says.
Hong Kong home sales surge among lower-priced units thanks to stamp-duty adjustment
Sales of homes priced between HK$3 million (US$382,000) and HK$4 million jump 73 per cent year on year after change, government says.
Hong Kong’s Henderson Land to raise $1 billion through convertible bonds
Henderson Land Development is raising HK$8 billion ($1.02 billion) through convertible bonds for general corporate purposes and refinancing, the Hong Kong property developer said. The convertible bond ...
Hong Kong stocks fall on worries about China’s deflationary pressure
Hong Kong stocks fell by the most in nearly three weeks as China’s deflationary trend became more entrenched, deepening concerns about the nation’s growth prospects. The Hang Seng Index dropped 0.8 ...
New World Is Too Big to Fail, But for How Long
In this week’s Hong Kong Edition, we delve into the state of the property market after New World’s refinancing deal, highlight a bumper year for stock listings at the halfway mark and chat with Pure ...
Hong Kong’s Link Asset Management cut jobs amid retail headwinds
Property giant, which boasts a portfolio worth HK$226 billion, is ‘streamlining a small number of roles’ as part of an efficiency drive.
New Zealand golden visa lures potential luxury property buyers from Hong Kong, mainland China
Even a few new high-net-worth residents buying homes would have a ‘significant impact’ on the luxury property market, analyst says.
SHKP Tuen Mun project sells out, signalling rebound in Hong Kong’s property market
Units varied in size from 259 to 686 sq ft, including studio to three-bedroom layouts, with bigger units priced up to HK$7.8 million.
HSBC lifts Hong Kong mortgage rates again – MarketWatch
HONG KONG (MarketWatch) — HSBC Holdings PLC’s decision Wednesday to raise mortgage rates again would encourage other major lenders to follow in its footsteps, say analysts at Barclays. HSBC (5 ...