Hong Kong stocks climbed in a holiday-thinned trade, driven by local property giants and an optimistic listing of Chinese home appliances maker Midea Group. The Hang Seng index increased by 237.90 ...
Midea’s successful Hong Kong listing is a good sign for Chinese companies going global, investment firm says
William Ma, CIO of Grow Investment Group, says "green shoots [are] coming back" in the Chinese market despite struggling macroeconomic data.
Mortgage Rates in the US Hold at the Lowest Level Since May 2023
Mortgage rates in the US held steady, giving homebuyers a crack at the lowest loan costs since May 2023. Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over ...
HKMC issues second ILBS issuance for $423m as investor demand grows
The Asian Infrastructure Investment Bank is an anchor investor in SPV Bauhinia 2, which contains a $107m sustainability tranche; meanwhile, the Hong Kong Mortgage Corporation will have a new CEO in ...
Hong Kong Stocks Surge on Rate Cut Hopes
Hong Kong stocks rose in a holiday-thinned trade, driven by local property giants and a strong debut by Midea Group, amid hopes of a significant interest rate cut by the U.S. Federal Reserve. The Hang ...
Hong Kong stocks rise on property gains ahead of Fed rate decision
Hong Kong stocks rose in holiday-thinned trade on Tuesday, led by local property giants on hopes of an oversized interest rate cut by the Federal Reserve, while the upbeat listing of Chinese home ...
Hong Kong Property Stocks Set for Lift on Fed Move, More Renters
Traders are betting on a rebound in Hong Kong developers’ shares, anticipating that a US interest rate cut will boost property purchases.
CK Asset leads Hong Kong builders in touting new flat sale ahead of expected rate cut
Li Ka-shing’s flagship developer says it will put 558 units on the south side of Hong Kong Island on sale as soon as next month.
Current mortgage rates 2024
Lenders base mortgage interest rates on the benchmark interest rate, along with other factors such as credit score, loan-to-value (LTV) ratio, size of the loan, type of loan and loan term.
Hong Kong Property Market Faces Challenges
Hong Kong’s property market has been under significant pressure recently, with various factors contributing to its ongoing struggles. The market, once seen as one of the most lucrative and stable ...
Adrian Cheng: Hong Kong’s third-generation property scion under pressure
Adrian Cheng, the heir apparent to one of Hong Kong’s wealthiest families, became chief executive of the family property business in 2020, when its market cap was more than HK$90bn (US$11.5bn) and it ...
China mortgage cut is start of confidence rebuild
Chinese policymakers are planning to cut interest rates on existing mortgages by around 80 basis points as soon as this month, Bloomberg reported on Thursday, citing people familiar with the matter.
Hong Kong stocks rise on speculation about mortgage-rate cuts in China
Hong Kong stocks jumped for a second day to a one-week high as mainland developers rallied on speculation about mortgage-rate cuts. The Hang Seng Index added 1.2 per cent to 17,444.27 as of 11.10am ...
Drop in land sales threatens Hong-Kong’s low-tax regime
Plummeting Hong Kong property prices are pressuring the city’s land sale revenues. It’s threatening to derail its competitive tax model.