Hong Kong and Chinese markets soared on the announcement that the government would extend loans for distressed developers ...
Hong Kong residential sales down 6.3% to 3,875 units in September
The number of cases involving Buyer’s Stamp Duty (BSD) was the lowest since December 2020, reflecting low demand from non-local buyers of Hong Kong property. Amid demand shrinkage, the luxury market ...
China’s Property Shares Jump as Regulators Outline New Financing Package
Chinese property stocks soared on Monday as the market cheered a new aggressive financing package outlined by Chinese regulators to shore up the liquidity of its embattled property sector, with the ...
Chinese Stocks in Hong Kong Take Gains From October Low to 20%
Chinese stocks extended their eye-catching November rebound, with property names surging after the nation prepared its most sweeping rescue package to bail out the sector.
China plan to restore sector liquidity boosts property stocks
Chinese property stocks soared on Monday as the market cheered an aggressive plan outlined by Chinese regulators to shore up liquidity in the embattled sector, with the sub-index surging close to a ...
Shares in Hong Kong jumped 593 points or 3.4% to trade at near 6-week highs
The move coincided with a publicly announced 20-point playbook from the National Health Commission aimed at reducing the economic and social impact of containing Covid.'' As a consequence, Shares in ...
China Plans Property Rescue as Xi Surprises With Policy Shifts
(Bloomberg) -- China issued sweeping directives to rescue its property sector, adding to a major recalibration ... add fuel to a market rally that sent a gauge of Chinese shares in Hong Kong up 17% in ...
Hong Kong home prices to plummet 25 per cent this year in some areas, slump is ‘sharper than it appears’, agents say
The decline in prices of lived-in homes in Hong Kong is being ‘underestimated’, according to property agents, as some housing estates may see prices nosedive as much as 25 per cent this year.
Evergrande Loses $770 Million on HK Tract Sold by Receivers
Want the lowdown on what's moving Asia’s markets in your inbox every morning? Sign up here. A Hong Kong property that China Evergrande Group planned to build a residential project on has been ...
Hong Kong Hang Seng Up 7.7% After US Inflation Report; Property, Tech Issues Soar
The Hong Kong Hang Seng Index opened higher Friday and rose to the close, finishing up 7.7% after the Thursday report from Washington indicated moderating inflation. Property and tech issues soared.
Every Hang Seng Component Rises as Hong Kong Market Follows Wall Street’s Lead
The hint of easing inflation has produced a spike in Asia's most-battered market, with a tweak of China's Covid quarantine rules thrown in for good measure.
Middle-class Hongkongers hoard more cash while eyeing property and overseas education as aspirations, HSBC study shows
More cautious with their investments, Hongkongers now hold 60 per cent more cash than before the pandemic, according to an HSBC study 'Middle class' in Hong Kong means owning property and having at ...
How redevelopment of old Hong Kong buildings can be made fairer for minority owners
Readers discuss the importance of minority owners in buildings under consideration for redevelopment being well represented, and Hong Kong Science and Technology Parks Corporation's supervision of ...
China’s Security Agency In Hong Kong Buys $65 Mn Luxury Villa
China's national security agency in Hong Kong spent HK$508 million ($65 million) on a luxury villa in an exclusive neighbourhood perched on a hill above the city, registry data has revealed.