Hong Kong’s stock market is facing another speed bump from a recent spike in local funding costs. The one-month Hong Kong Interbank Offered Rate, the city’s money market benchmark known as Hibor, has ...
Banks see weakness in Hong Kong’s commercial property – CBRE says positive signs are returning
Marcos Chan, head of research at CBRE Hong Kong, says the vacancy rate in Hong Kong's commercial property market is high – but things are slowly improving, as developers and clients gain confidence in ...
Hongkong Land launches Hong Kong’s first AI-powered intelligent facility management platform
The Integrated Facility Management Control Tower (IFMCT) unifies over 20 standalone building systems into a single AI-powered command centre and is poised for wider implementation, with plans to ...
Global prime property prices cool as Hong Kong leads decline, Knight Frank says
Guangzhou has the second-worst performance among 46 cities in the second quarter, followed by Toronto, according to a new study.
Hong Kong economy forecast to grow by 2-3% in 2025 despite US tariffs, geopolitics
Hong Kong’s economy will expand by between 2 and 3 per cent this year as previously forecast despite worsening geopolitics, with a robust local stock market, stabilised property sector and rising ...
Hong Kong billionaire targeted with baseless mansion sale claims
The family of Hong Kong’s wealthiest man Li Ka-shing said his old mansion in the Chinese city has not been listed for sale, refuting rumours that surfaced online as his conglomerate is caught in a ...
Hong Kong MTR ‘Harvesting’ From Property Arm, CEO Says
Jacob Kam, CEO of Hong-Kong listed railway operator MTR, says the company has been getting its infrastructure prepared for bad weather as the city experiences extreme conditions. He also says MTR is ...
HK star Law Kar Ying’s end-of-life planning includes property and insurance policies for Liza Wang
The 78-year-old performer disclosed in May that he had been diagnosed with cancer for the fourth time. Read more at straitstimes.com. Read more at straitstimes.com.
Bankrupt Property Developer China Evergrande to Delist From Hong Kong Exchange
The company received a letter from the regulator informing it that the Hong Kong stock exchange listing committee has decided to cancel Evergrande Group’s listing.
Luxury $22 Million Hong Kong Home Bought by XPeng’s Brian Gu
The vice chairman and co-president of electric vehicle maker XPeng Inc. bought a luxury home in Hong Kong, as the city’s property market hovers around a nine-year low.
Talent helping to stabilise Hong Kong’s residential property market: minister
Labour minister Chris Sun says it is normal for talent to choose to rent homes upon arrival, helping offset impact of ageing local population.
Hong Kong’s New World shares, bonds surge on report of take-private talks
Shares and bonds of Hong Kong property developer New World Development surged on Thursday after a media report on a potential take-private deal.
Hong Kong’s New World shares surge on report of take-private deal talks
Shares of Hong Kong developer New World Development rise sharply following reports of negotiations for a take-private deal with Blackstone, potentially worth up to $2.5 billion. Insights into the ...
Hong Kong’s Housing Market Stuck in Stalemate as Bulls and Bears Face Off
Hong Kong's residential property market remains caught in a tug-of-war, with bullish momentum stymied by a host of bearish fundamentals, according to the latest market outlook from JLL.