HONG KONG, Nov 2 (Reuters) - CK Asset Holdings Ltd , owned by Hong Kong’s richest man Li Ka-shing, is selling its 73-storey office tower to C.H.M.T. Peaceful Development Asia Property Ltd for HK$40.2 billion ($5.15 billion), the city’s biggest property ... ( read original story ...)
Hong Kong building sells for record $5bn as property boom continues
A landmark skyscraper owned by Hong Kong’s richest man Li Ka-shing has sold for a record price of more than $5bn (£3.8bn), his company has confirmed, indicating the city’s booming property sector shows no sign of slowing down. The rumoured sale of The ... ( read original story ...)
Hong Kong skyscraper sells for $5.2 billion
Li Ka-shing's CK Asset Holdings confirmed Wednesday that it had sold his interest in The Center, the fifth-tallest building in Hong Kong, for $5.2 billion. That's a record for a commercial property in Hong Kong. CK Asset Holdings said it expects to make a ... ( read original story ...)
Hong Kong skyscraper sold for record US$5.15b
Commercial and residential property prices in Hong Kong have been fuelled by an influx of money from wealthy mainland Chinese investors and developers. The surging property market has become a political issue as costs in one of the world’s most expensive ... ( read original story ...)
A four-bedroom house for Rs 955 crore? Hong Kong property seller just sold a unit
A four bedroom house in Hong Kong has been sold for a whopping Rs 955 crore (HKD 1.16 billion). The 9,178 square foot home is in the exclusive Peak neighbourhood with an unobstructed view of Hong Kong and Victoria Harbour. The house boasts a swimming pool ... ( read original story ...)
Hong Kong skyscraper deal induces acrophobia
HONG KONG, Nov 2 (Reuters Breakingviews) - A blockbuster Hong Kong property deal is enough to induce financial acrophobia. Tycoon Li Ka-shing is selling out of the city's fifth-tallest tower, The Center, for a lofty HK$40.2 billion, or $5.2 billion. ( read original story ...)
Hong Kong skyscraper sold for record $5.15 bn
A landmark skyscraper owned by Hong Kong's richest man Li Ka-shing has sold for a record price of more than $5 billion, the company confirmed Wednesday, indicating the city's booming property sector shows no sign of slowing down. The rumoured sale of The ... ( read original story ...)
Hong Kong stocks slide lower in early trades, weighed by financials
Hong Kong stocks traded lower on Thursday early morning, weighed by losses in financial companies. The Hang Seng Index was down 0.2 per cent, or 53.32 points, to 28,540.74 in early trading on Thursday, while the Hang Seng China Enterprises Index fell 0.2 ... ( read original story ...)
Silicon Valley Startup Raises $41M From Tencent & MindWorks Ventures To Teach Kids Coding In Asia
We’ve been seeing a trend of Silicon Valley startups coming to Asia to seek both funding and customer expansion for several years now. Not only do financial hubs like Hong Kong offer access to investment, but also the perfect strategic entry point for ... ( read original story ...)
Hong Kong motorists warned of delays as road works start on major city route
Hong Kong’s Transport Department has told commuters to leave home earlier for work and school on Thursday morning as road works are expected to cause serious traffic congestion on a major thoroughfare connecting the New Territories and Kowloon. ( read original story ...)
Here’s how to get into Bank of China in Hong Kong
To find out, we looked at online profiles of current BoC employees to see how many of them attended leading universities in Hong Kong, China and globally. We then ranked the 15 most popular of these universities among the firm’s Hong Kong-based workforce ... ( read original story ...)
Crunch Report | Razer Looks to Raise $550 Million in Hong Kong IPO
I don’t know what to wear on Crunch Report (It’s a hard decision and I suck at dressing myself). If you are a startup and want to me to wear something mail me an XL T-shirt and I’ll wear it in an episode. I’m not going to mention the company on ... ( read original ...
Hong Kong skyscraper sells for a record $5.2 billion
Li Ka-shing's CK Asset Holdings confirmed Wednesday that it had sold his interest in The Center, the fifth-tallest building in Hong Kong, for $5.2 billion. That's a record for a commercial property in Hong Kong. CK Asset Holdings said it expects to make a ... ( read original story ...)
Tencent Unit’s Hong Kong IPO Draws a Crowd
The tech-stock ardor sweeping the world has reached Hong Kong, judging by the response to China Literature Ltd.'s initial public offering. Continue Reading Below Orders for the IPO of the Tencent Holdings Ltd. unit, expected to raise $1.1 billion next week ... ( read original story ...)