Major cities such as Sydney, Melbourne and Perth are likely to offer investors the best deals owing to sustained housing demand, potential stamp duty savings and solid fundamentals, say analysts. ( read original story ...)
HSBC, Standard Chartered among major Hong Kong banks offering higher deposit rates of up to 3 per cent to attract cash, new customers
Major Hong Kong banks are offering high rates for long-term deposits in a bid to secure funds from retail clients to offset a substantial rise in the cost of borrowing from the interbank market. ( read original story ...)
Hong Kong property tycoons get flexible as office space glut grows
Hong Kong’s property developers are having to construct more flexible leasing offers to attract businesses, as the city faces more than 246 football fields of excess supply of office space by 2025. ( read original story ...)
Coronavirus: ‘Reverse quarantine’ would give minimal boost, but is not the ‘magic’ Hong Kong’s economy needs, observers say
Proposed arrangement 'better than nothing', but 'won't help much', says Danny Lau of the Hong Kong Small and Medium Enterprises Association Shenzhen's daily quarantine quota for Hong Kong arrivals cut ... ( read original story ...)
Mansion Global Daily: Houseboats Are Having a Moment, Hong Kong’s House Market Is in a Depression, and More
Stuff Hong Kong’s House Market Is in a ‘Depression,’ Expert Says Dismal sales at newly launched buildings in Hong Kong are pointing to a housing market in "depression," experts said. At Miami Quay in ... ( read original story ...)
Hong Kong: Five jailed for ‘seditious’ children’s books
Five speech therapists in Hong Kong have been jailed for 19 months each after being found guilty of publishing "seditious". Authorities interpreted the books - about sheep trying to hold back wolves ... ( read original story ...)
Hong Kong property market in a ‘depression’ after poor sales at Miami Quay, expert says
Only about 30 per cent, or 41 of the 137 flats on sale at Miami Quay in Kai Tak have been sold Aside a resurgence in Covid-19 infections, Hong Kong's homeowners and potential buyers are also bracing ... ( read original story ...)
Hong Kong tycoon Richard Li vows to provide HK$10 million to dancer critically injured during Mirror concert
Billionaire Richard Li says he will provide financial support to Mo Li and his family, in addition to covering the performer’s medical fees. ( read original story ...)
Climate change in Hong Kong worsens housing crisis for city’s poor
Pushed to the fringes by high property prices and a lack of public housing, poorer residents suffer during the city’s brutal summers. ( read original story ...)
Children’s Books Branded Seditious in Hong Kong
After letting it lie dormant for several decades, the Hong Kong government, as part of the current crackdown on the opposition, has dusted off a sedition law under the local crimes ordinance to apply ... ( read original story ...)
Hong Kong crane accident: widow of victim stops accepting donations, urges public to help other victims and needy families
Widow thanks donors for support and care but says she has enough money for now and there are others who are also need help She hopes all parties could look at the accident and find way to 'minimise ... ( read original story ...)
Mainland China, Hong Kong Stock Exchanges Closed For Mid-Autumn Festival
Stock exchanges in mainland China and Hong Kong were closed today, Sept. 12, in connection with the Mid-Autumn Festival. It’s business as usual in the U.S., where mainland Internet leaders such as ... ( read original story ...)
Hong Kong ‘serious’ air pollution alerts issued; conditions expected to persist for several days
Air pollution levels reach 'serious', the highest alert level, as Hong Kong hit by heat and light winds Air quality health index at highest level at 7 out of 18 stations and 'very high', the next down ... ( read original story ...)
Tesla supplier’s rival Gauges demand for $2 billion Hong Kong IPO
Chinese battery maker CALB Co. has started gauging investor demand for its $2 billion Hong Kong initial public offering. The Jiangsu-based lithium battery maker, a competitor for bellwethers ... ( read original story ...)