REAL ESTATE

Hong Kong December New Mortgage Drawn-Down Falls to 3-Year Low

Hong Kong’s December new mortgage drawn-down dropped to the lowest in almost three years as the city’s property curbs deterred buyers in the world’s most expensive place to buy homes. (read the news…) People who looked at this item also looked at… Hong Kong Homes Face 25% Drop in Year of the Dragon: Mortgages...

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Hong Kong shares struggle after 5-day rally

HONG KONG (MarketWatch) — Hong Kong shares struggled to rise in early trading Friday after climbing for five straight trading days, and overnight losses on Wall Street, with weakness in Chinese property developers countering continued advances for financial stocks. The Hang Seng Index rose 0.1% to 20,463.46 and the Hang Seng China Enterprises Index...

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Hong Kong shares close 1.63% higher

HONG KONG – Hong Kong shares rose 1.63 per cent Thursday, the first day back after a three-day holiday, as dealers welcomed the US Fed's decision to keep interest rates low for at least the next two years. (read the news…) Related items Hong Kong shares lose more than 5pc for second week; HSBC...

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Thirty cities get half of global property dollars

(Reuters) – More than half the recent global investment in commercial real estate found a home in just 30 cities with a quarter spent in London, Tokyo, New York, Hong Kong and Paris, according to real estate services company Jones Lang LaSalle . In a report released on Wednesday, it said it expects major...

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Dragon smiles on HK tycoons, says feng shui master

Some of Hong Kong's richest property tycoons were born in the Year of the Dragon and can expect a prosperous 2012 under their auspicious birth-sign, a feng shui master said Wednesday. (read the news…) Related items Hong Kong Homes Face 25% Drop in Year of the Dragon: Mortgages Hong Kong Homes Face 25% Drop...

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Former Burke man now Hong Kong high-flyer

A once-bankrupt property developer who fled WA when the Corruption and Crime Commission revealed he was working with former premier Brian Burke has reinvented himself as a high-flying Hong Kong real estate agent. (read the news…) Related items Eldest Kwok brother arrested by HK watchdog In China, relatives of Party officials build lucrative businesses...

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Hong Kong Investors Back Asian Property Fund to Undertake £60m Restoration of Iconic UK Real Estate

LONDON, January 20, 2012 /PRNewswire/ The Strategic Iconic Assets Heritage Acquisition Fund (SIAHAF) today announced the acquisition of Somerset Place, one of Bath´s (UK) five Georgian Crescents ahead of a GBP60 … (read the news…) Related items Chongqing looks to sell distressed assets after Bo scandal – source Hong Kong stocks rebound...

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Hong Kong stocks rise, with property shares up

LOS ANGELES (MarketWatch) — Hong Kong stocks rose in early Thursday action, with property shares advancing on growing hopes for Chinese monetary policy easing. The Hang Seng Index added 1% to trade at 19,873.35 in early moves, while the Hang Seng China Enterprises Index gained 1.5%, and over on the Chinese mainland, the Shanghai...

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Hong Kong stocks open higher, with property, resources gaining; Hang Seng Index up 0.8%

Hong Kong stocks open higher, with property, resources gaining; Hang Seng Index up 0.8% (read the news…) Related items Hong Kong stocks gain, as property, banks rise on policy easing; Hang Seng Index up 0.2% Hong Kong stocks fall, with resources, banks among loss-leaders; Hang Seng Index down 0.7% Hong Kong stocks fall sharply...

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Property 'haywire' with good feng shui

HONG KONG: With the lunar new year approaching, brokerage CLSA Asia-Pacific Markets says something must be a tad "haywire" with its patented analysis tools, which have rated the slumping property industry in Hong Kong and mainland China "fair to fab" in its tongue-in-cheek feng shui index for 2012. (read the news…) Related items Dragon...

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