While abundant liquidity has kept Hong Kong mortgage rates low--the prime rate has only risen once in the same period that the Fed hiked nine times--the more the Fed hikes, the greater the pressure on ... ( read original story ...)
Mortgage Delinquencies Drop to 18-Year Low in U.S.
In Florida, the non-seasonally-adjusted overall mortgage delinquency rate on all loans dropped 458 basis points from last year, to 4.31 percent. According to Knight Frank's latest Global Outlook Repor... ( read original story ...)
New Home Mortgage Applications Rise in January
According to Knight Frank's latest Global Outlook Report, Hong Kong will retain its title as the world's most expensive office market despite rents being forecast to decrease in 2019. According to the ... ( read original story ...)
Hong Kong to partially develop historic golf course for housing
Hong Kong (AFP) - Hong Kong earmarked a slice of its historic Fanling golf course for public housing on Wednesday, a controversial plan which exposed the city's dramatic social divide and was resisted ... ( read original story ...)
Mainland developers face hard choices as the fizz goes out of the Hong Kong property boom
Mainland Chinese developers who arrived late to the Hong Kong real estate party are among the first to suffer the hangover. Property analysts are pointing at developers who bid lavishly two years ago ... ( read original story ...)
Hong Kong leads Asia equities higher as trade talks roll on
Hong Kong’s Hang Seng index was among the best performers of ... 0.2 per cent with strong gains for miners offset by declines for much of the market including financials, telecoms and consumer stocks. ... ( read original story ...)
Hong Kong’s banking and insurance sectors among biggest winners under Greater Bay Area blueprint, say analysts
Hong Kong and the other cities in the “Greater Bay Area” are likely to see an increase in cross-border insurance and banking activity, mutual fund investments and commodities trading under the blue pr... ( read original story ...)
Hong Kong man admits to dangerous driving after car mounts pavement and hits woman, severing her leg
A Hong Kong property agent on Monday admitted to driving so dangerously that his car mounted a pavement and severed the leg of a woman who was waiting for a minibus with her two-year-old daughter. The ... ( read original story ...)
A bridge to Hong Kong’s centrally planned future?
Ironically, Hong Kong could most benefit from some economic planning a la Beijing. Since its return to China in 1997, the city that prides itself on free markets has not only struggled to evolve, it h... ( read original story ...)
Hong Kong, China buyers pause investments in Australian real estate on concern of post-election increase in capital-gains tax
A recent surge in demand for Australian property from wealthy Hongkongers and mainland Chinese could be dampened by the country’s upcoming elections, industry experts warned. Data from London-based Re... ( read original story ...)
Hong Kong Stock Market Predicted To Halt Slide
BOC Hong Kong slid 1.29 percent, Hong Kong & China Gas dipped 1.13 percent, New World Development eased 0.63 percent and China Mobile was down 0.12 percent. The lead from Wall Street is positive ... ( read original story ...)
HSBC, Hang Seng signal bigger challenges as trade war drags on
HONG KONG (Nikkei Markets) -- Hong Kong banking heavyweights HSBC Holdings and its subsidiary Hang Seng Bank have signaled that they are prepared to slow the pace of planned investments if they ... ( read original story ...)
Hang Seng bank to take prudent track
Hang Seng Bank (0011) vice-chairman and chief executive Louisa Cheang ... it would be difficult to predict the bank's net interest margin this year since the Hong Kong interbank offered rate is volati... ( read original story ...)
The Hong Kong and Singapore finance jobs you’re most likely to get now
The next few weeks should, in theory, be the ideal period to find a new banking job in Hong Kong or Singapore. But banks in the two cities need some finance professionals more than they need others. ( read original story ...)