AI-driven data science firm Redefining Business Intelligence (RBI) is building out its C-suite with several recent appointments. RBI co-founder Pamela Finn has been appointed Chief Revenue Officer ...
Hong Kong court dismisses petition to liquidate Chinese developer Shimao Group
China's Shimao Group said on Monday that the High Court in Hong Kong dismissed a petition seeking the liquidation of the embattled property developer. The petition was filed by China Construction Bank ...
Hong Kong property: Chinese tycoon and Agile chairman Chen Zhuolin loses US$16 million in nine-flat fire sale
Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million.
‘Interested, but profits matter too’: Hong Kong developers react to Beijing’s North Metropolis call
One country, two systems’ guarantees that no top-down instruction will be placed on developers to discharge their social responsibilities, industry representative says.
Hongkong Land launches over $8b Westbund Central project
Property investment, management and development group Hongkong Land officially unveiled its Westbund Central project with an investment of more than 60 billion yuan ($8.28 billion) in Shanghai on ...
New World CEO to leave after two months in succession saga
Mr Ma’s departure adds to uncertainties at the company, which reported its first loss in two decades. Mr Ma was meant to steady the ship after Adrian Cheng, the eldest son of family patriarch Henry ...
Sun Life HK, HKMC partner to promote flexible retirement planning programmes
Hongkongers expect to retire at an average age of 66. Sun Life Hong Kong has partnered with the Hong Kong Mortgage Corporation Limited to refer clients to the Policy Mortgage Programme and Reverse ...
Hong Kong’s ‘Emperor’s Home’ penthouse sold at steep discount as distressed tycoons divest
We will continue seeing financially pressured owners offloading assets until interest rates come down substantially,’ analyst says.
Hong Kong home prices rise for the first time since March, though rents cool slightly
Hong Kong’s lived-in home prices rose in October, according to official data, arresting a five-month decline following an interest-rate cut and eased mortgage rules unveiled by Chief Executive John ...
Hong Kong property tycoon Eric Chu seeks court’s ‘mercy’ for death row wife Truong My Lan
Eric Chu, Truong My Lan’s Hong Kong property tycoon husband, has asked an appeal court to show his wife clemency and give her the “lowest possible” sentence, citing her service to the nation.
Hong Kong property: Agile chairman Chen Zhuolin loses US$16 million in 9-flat fire sale
Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million Chen Zhuolin, the chairman of distressed mainland Chinese developer Agile Group, has ...
Hong Kong property: Agile chairman Chen Zhuolin loses US$16 million in distress sale
Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million Chen Zhuolin, the chairman of distressed mainland Chinese developer Agile Group, has ...
Lesbian daughter of tycoon who offered millions to find her a man is now an iconic LGBTQ+ activist
In 2012, a tycoon tried to find a man to marry his lesbian daughter, Gigi Chao, for a handsome sum. It turned her into an LGBTQ+ icon.
Hong Kong developer New World to focus on managing debt, SCMP reports
Hong Kong property developer New World Development aims to focus on its debt load before any consideration of mergers or acquisitions, according to chairman Henry Cheng, the South China Morning Post ...