REAL ESTATE

Plans for Bruce Lee museum in Hong Kong shelved, negotiations with property owner break down

HONG KONG – Efforts to build a Bruce Lee museum in the late kung fu movie star’s hometown of Hong Kong have been stalled again. Fans have been calling for an official tribute to the screen icon for years. (read the news…) Related items Bruce Lee museum proposal shelved in Hong Kong Hong Kong...

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Hong Kong Stocks May Reverse Losses

The Hong Kong stock market on Thursday ended the two-day winning streak in which it had climbed more than 250 points or 1.2 percent. The Hang Seng Index finished just above the 21,750-point plateau, and now investors are looking for renewed support when the market kicks off trade on Friday. (read the news…) Related...

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Hong Kong Waits for the Real Estate Bubble to Burst

There’s been a 70 percent price increase since 2009, prompting many to believe that a downturn is next. (read the news…) People who looked at this item also looked at… Jailed Billionaire’s Retailer Gome Drops 11% After Real Estate Firm Formed Hong Kong’s Peg Raises Risk Real Estate Prices May ‘Roll Over,’ MGPA Says...

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Big money, high risks in Asia casino growth

HONG KONG (Reuters) – For U.S. billionaire Sheldon Adelson, the future of Asia’s gaming boom looks rosy. After building some of the world’s most profitable casinos in Macau and Singapore, Adelson, like MGM Resorts and Pinnacle Entertainment, is keen to diversify, eyeing markets such as Taiwan, the Philippines and Vietnam. (read the news…) Related...

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SAC, Ortus Lead Hedge Fund Expansion, Fuelling Hong Kong Office Demand

Hedge funds including SAC Capital Advisor LP and Ortus Capital Management Ltd. are expanding in Hong Kong, fueling demand for space and driving rents higher in the world’s most expensive office market. (read the news…) Related items Hedge Fund Expansion Fuels Hong Kong Central’s Office Demand Research and Markets: Hong Kong Real Estate Report...

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Hedge Fund Expansion Fuels Hong Kong Central’s Office Demand

Hedge funds including SAC Capital Advisor LP and Ortus Capital Management Ltd. are expanding in Hong Kong, fueling demand for space and driving rents higher in the world’s most expensive office market. (read the news…) Related items SAC, Ortus Lead Hedge Fund Expansion, Fuelling Hong Kong Office Demand Research and Markets: Hong Kong Real...

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Hong Kong billionaire Li’s firms rise on share buy

HONG KONG (MarketWatch) — The flagship companies of Hong Kong billionaire Li Ka-shing saw their share prices gain Thursday after disclosures showed Li added to his stakes in the firms on Monday. Li, revered in the city for his ability to buy low and sell high, purchased 520,000 shares in Cheung Kong Holdings Ltd....

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Hong Kong stocks gain as property shares rebound; Hang Seng Index up 0.7%

Hong Kong stocks gain as property shares rebound; Hang Seng Index up 0.7% (read the news…) Related items Hong Kong stocks rise, with property shares advancing; Hang Seng Index up 0.6% Hong Kong stocks fall, with property shares weak; Hang Seng Index down 0.6% Hong Kong stocks slip early, as property shares broadly weaken;...

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Asia surpasses Europe in millionaires and wealth

NEW YORK (Reuters) – The ranks of millionaires in Asia for the first time surpassed Europe and in a few years are expected to overtake the United States, according to the latest annual Merrill Lynch-Capgemini World Wealth Report. (read the news…) Related items Hong Kong Stocks Pare First Annual Slide Since ’08 on U.S....

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Hong Kong: Inflation rose to 5.2% In May

Inflation in Hong Kong continues to rise. The composite consumer price index (CPI) increased by 5.2% in May over a year ago, rising from a 4.6% rise in April. (read the news…) People who looked at this item also looked at… Hong Kong Banks’ Rate Increases Take Steam Out of Home Boom Research and...

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