It was higher compared to last month’s -0.3% drop. The average mortgage rate in Hong Kong leapt in July, hitting the cap at 2.5% by month end according to data from JLL. Market activities shrunk as ... ( read original story ...)
Why Japanese property will remain a refuge as interest rates rise in other markets
The combination of a weak yen, cheap debt, a large and liquid market, and more investible regional cities is an attractive proposition for real estate investors The end of the era of cheap money is ... ( read original story ...)
Chinese Property Developers Rise After PBOC Signals Support
Shares of several Chinese property developers rose in Hong Kong morning trade Monday, following their latest profit guidance for the first six months, with rate cuts by the People's Bank of China also ... ( read original story ...)
China slashes 5-year mortgage rate as property crisis deepens
Central bank equals record rate cut in May but move unlikely to resolve crisis for developers, strategists say ... ( read original story ...)
Hong Kong property developer Chinese Estates books profit, offloads HK$185.3 million in Evergrande shares
The company swung from a HK$35.5 million loss a year ago to a HK$870.6 million profit in the first six months of the year, according to an exchange filing The Hong Kong developer has dumped more than ... ( read original story ...)
How solid is Hong Kong property as a hedge against inflation for investors and end users?
The favourable fundamental structure of Hong Kong's real estate sector and steady supply-and-demand dynamics make it attractive to investors As quarantine restrictions continue to be eased, Hong ... ( read original story ...)
Hong Kong police crack down on 4 syndicates swindling HK$193 million in pandemic relief funds for companies
Police arrest 18 people in scam involving 35 companies, which applied for loans under scheme that aimed at helping small and medium-sized enterprises. ( read original story ...)
Vouchers boost economy but concerns remain: Paul Chan
Financial Secretary Paul Chan on Sunday said easing quarantine rules and a fresh round of consumption vouchers are boosting the local economy, but ... ( read original story ...)
Hong Kong police arrest 6 on fraud, money laundering charges involving HK$300 million
Six former employees of a Hong Kong subsidiary company of a food supplier listed in South Africa have been arrested in connection with a HK$300 million (US$38 million) fraud and money laundering case, ... ( read original story ...)
Treasury chief biggest property owner among Hong Kong top officials, gov’t information reveals
Hong Kong’s top official with the most assets is Secretary for Financial Services and the Treasury Christopher Hui, according to government information. He declared a total of seven properties and ... ( read original story ...)
Property developers in China’s Hefei urge curb on ‘malicious protests’
A group of property developers in the eastern Chinese city of Hefei urged the local government this month to crack down on what they described as "malicious protests" by homebuyers, according to a ... ( read original story ...)
China’s Mortgage Crisis and 5 Stocks to Watch
In this article, we discuss 5 stocks to watch amid China’s mortgage crisis. If you want to check out more stocks to monitor in this situation and read our detailed analysis of China’s real estate ... ( read original story ...)
China’s Mortgage Crisis and 5 Stocks to Watch
In this article, we discuss 5 stocks to watch amid China’s mortgage crisis. If you want to check out more stocks to monitor in this situation and read our detailed analysis of China’s real estate ... ( read original story ...)
Hong Kong treasury chief revealed as biggest property owner among John Lee’s governing team
Secretary for Financial Services and the Treasury Christopher Hui declares total of seven local and overseas properties owned by him, his wife or their families At least three other senior officials ... ( read original story ...)