Sun Hung Kai Properties Ltd., Hong Kong’s biggest developer, has lowered the floor for new home prices in the city.
Sunac shares surge 21% as Chinese property developer says it’s met restructuring conditions
Shares of Chinese property developer Sunac surged 21% after it said restructuring conditions had been satisfied and plans to overhaul its debt has taken effect.
Hong Kong IPO fundraising craters to two-decade low; city must do more to claw back share listings amid headwinds: EY
Funds raised by share listings in the city declined 59 per cent year on year to US$5.3 billion as of November 17, according to a report from EY, which calls for more government and regulatory action ...
Hong Kong court orders retrial for Malaysian jailed for killing wife, daughter with gas-filled yoga ball
A Malaysian professor sentenced to life in prison for killing his wife and daughter in 2015 was, on Nov 21, given a chance to clear his name after a Hong Kong court ordered a retrial of his case.
World’s priciest retail streets: Hong Kong’s Tsim Sha Tsui slips to third place after New York’s Fifth Avenue and Milan’s Via Montenapoleone
Hong Kong’s tourist hotspot of Tsim Sha Tsui retained its ranking as the most expensive retail destination in Asia-Pacific, but slipped to third place globally, according to a survey by Cushman & ...
Art Basel Hong Kong paints rosier picture as 242 galleries sign up for 2024 fair after downscaling for 2 years amid Covid pandemic
Organisers behind city's mega art fair say event will be held at Hong Kong Convention and Exhibition Centre from March 28 to 30 'Our goal is to connect guests from all around the world in our home, ...
Art Basel Hong Kong paints rosier picture as 242 galleries sign up for 2024 fair after downscaling amid Covid pandemic
Organisers behind city's mega art fair say event will be held at Hong Kong Convention and Exhibition Centre from March 28 to 30 'Our goal is to connect guests from all around the world in our home, ...
Hong Kong basketball players left with hefty medical bills, after city officials fail to buy enough insurance
Players representing city at international events say they were forced to pay as much as HK$70,000 for their own medical care overseas, including for operations and hospital stays, because Hong Kong ...
More positive steps needed to improve Hong Kong-US ties, sanctions have affected efforts to promote city, John Lee says
City leader Lee on Tuesday also said he despised the "unreasonable" sanctions on him, but stressed that Hong Kong would play an active role in fulfilling the agreements struck between Chinese ...
Bank of China HK disables screen capture, recording on Android apps
This was due to a rise of malware scams. Bank of China Hong Kong (BOCHK) is disabling screen capture and recording functions on Android devices for its personal and corporate mobile banking amidst ...
Hong Kong’s biggest developer sells homes at 6-year low price
The low pricing by Sun Hung Kai Properties shows a recent property tax cut is insufficient to lift the market. Read more at straitstimes.com.
Hong Kong Court Didn’t Dismiss Ping An Affiliate’s Objection to Aoyuan’s Offshore Debt Restructuring
(Yicai) Nov. 21 -- The court in Hong Kong that was hearing property developer China Aoyuan Group's debt restructuring plan at the end of last month did not dismiss the objection raised by China Ping ...
Hong Kong air traffic to make ‘full recovery’ next year as passenger, cargo levels rebuild: Financial Secretary Paul Chan
Traffic will reach 80 per cent of pre-pandemic levels this year, financial secretary tells the Asian Logistics, Maritime and Aviation Conference (ALMAC), where a Ministry of Transport official ...
Hong Kong stocks extend gain as China’s PBOC pushes yuan to 4-month high while Baidu set to strengthen earnings outlook
Stocks rally after China’s central bank set the yuan reference rate above expectations, lifting the currency to a four-month high. Gains are also supported by earnings outlook before Baidu and ...