The current unrest and chaos in Hong Kong may create more business and property sale opportunities in Penang, says Chief Minister Chow Kon Yeow. He said Penang had always been a destination for ... ( read original story ...)
Hong Kong, China investors hold fire over Vancouver commercial property, but prices unlikely to crash, analysts say
Foreign investors, including those from Hong Kong and mainland Chinese, largely stayed out of commercial real estate in Vancouver, Canada’s second-largest investment market, in the first half of 2019 ... ( read original story ...)
Hong Kong Property Market Withstands Unrest Roiling Economy
Protesters gather in Admiralty, Hong Kong on Aug. 18. “If the project is appealing, the customers will come out for sure. This project’s location is ideal and the pricing is attractive,” said Tony Cho ... ( read original story ...)
Hong Kong billionaire tycoons call for end to protests as unrest affects their profits
Hong Kong's property tycoons are hurting, the share market is tanking and the tourism sector has taken a beating as the pro-democracy movement continues to strangle the city. Hong Kong's richest ... ( read original story ...)
Mah Sing all out to woo HK property buyers
“The timing is right for us to focus more on Hong Kong, ” Ho said. Singapore-based property consultancy Savills’ research and consultancy executive director Alan Cheong said: “If someone whacks a ... ( read original story ...)
Negative Mortgages Set Another Milestone in a No-Rate World
Hong Kong Mortgage rates are also climbing in Hong Kong as the political crisis weakens the appetite for loans. Both HSBC Holdings Plc and Standard Chartered Plc increased effective rates by 10 basis ... ( read original story ...)
Hong Kong property market withstands unrest that roiled economy
HONG KONG (BLOOMBERG) - On a sweltering Sunday afternoon in Hong Hong's Sha Tin district, not long before police battled protesters with tear gas and rubber bullets in several locations nearby, eager ... ( read original story ...)
Economist: Hong Kong’s tycoons ‘are the problem’ underlying recent unrest
Hong Kong property prices have risen 300% since 2003. Beijing needs to stop consulting with property "tycoons" and take away their political power, Xie says. As protests continue to roil Hong Kong, a ... ( read original story ...)
Hong Kong is changing, but protesters have lost some support: Allan Zeman
Hong Kong is changing because of China but it will thrive after this violence ends according to local property tycoon Allan Zeman. He said “the media has made it look worse than it really is and the ... ( read original story ...)
Hong Kong Businesses Take a Side, Uncomfortably
The cracking in the facade of neutrality comes amid mounting damage to the Hong Kong economy and pressure from Beijing for public displays of loyalty. Being forced to take sides is unlikely to end ... ( read original story ...)
Hong Kong real estate: Protests and trade war wipe $50 billion off top property stocks
Weeks of pro-democracy protests in Hong Kong are battering shares in the city's property developers and pushing its benchmark stock index closer to a bear market. About 446 billion Hong Kong dollars ... ( read original story ...)
Property firms urge dialogue to end social unrest
Property developers expressed concern over the ongoing extradition bill-related protests in Hong Kong, warning about the potential impact of the unrest on the city’s economy and well-being. In a ... ( read original story ...)
$1.5 Billion Luxury Homes Sale Put on Hold Amid Hong Kong Unrest
Hong Kong billionaire ends silence ... which began over legislation that would have allowed extradition to the mainland, were causing potential property buyers to adopt a wait-and-see attitude. ( read original story ...)
China’s yuan exchange rate drop could roil already strained Hong Kong-protest hit economy
Hong Kong’s economy, already straining under the weight of anti-government protests as well as the US-China trade war, is now set to feel the pressure of a weaker Chinese yuan. Retailers, restaurants, ... ( read original story ...)