Property developer China Vanke's Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its liquidity risks. State-backed ...
Hong Kong land sale to fetch around US$76 million amid developer caution
The New Territories site – the only residential plot offered in the previous quarter – has attracted bids from six developers.
Hang Lung Properties secures HK$10bn loan from banks; 2024 profit dips
The Hong Kong property developer secured the deal with a consortium of international, Chinese and local banks; the company cited "challenging" market conditions in mainland China and Hong Kong as 2024 ...
Hong Kong home prices slip in Dec, fall 7.1% in 2024
Hong Kong's home prices fell 0.7% in December and 7.1% in 2024, government figures showed, as the property market struggles to find a bottom despite interest rate cuts and government support measures.
Hong Kong Races to Find Its Property Market Bottom
As fiscal income from land sales evaporates, Hong Kong is removing all of its onerous property cooling measures that have been in place for over a decade. The government is making an audacious attempt ...
Mortgage registrations in Hong Kong hit record low in 2024, Centaline says
Owners registered 47,917 mortgages on various properties in 2024, the least since Centaline Property began tracking the data in 2000.
Our 2025 picks: Hongkong Land — A property giant poised to stretch
While Hongkong Land (HKL) is known for its portfolio of prime commercial properties in Hong Kong, it is also active in mainland China and Singapore. Through its subsidiary MCL Land, it has a strong ...
New Hong Kong title deeds system should include existing owners: lawmakers
Hong Kong lawmakers have called for more options to be provided for existing land and property owners to join a new title deeds registration system proposed by the government, with a consultant ...
Property giant Country Garden up 25% as it resumes Hong Kong trading
Shares in Chinese property giant Country Garden soared more than 25 percent in Hong Kong on Tuesday, after the embattled firm resumed trading in the city following a nine-month suspension. The company ...
New Hong Kong land, property registry should include existing owners: lawmaker
Legislator Edward Lau proposes allowing land and property owners to voluntarily transfer their title deeds to the new system.
Hong Kong’s New World Development denies debt restructuring talks
Hong Kong property developer New World Development said on Monday it had not started any discussions with creditors regarding a proposal to restructure its existing debt. The embattled developer's ...
Country Garden expects to reach terms with creditors in February, lawyer tells court
Chinese property company Country Garden , which has defaulted on debt repayment obligations, expects to reach agreeable terms with creditors next month, the firm's lawyer told a Hong Kong court on ...
China Vanke CEO’s reported detention intensifies property sector woe
Concern over China's embattled property sector has deepened after state media reported the detention of China Vanke's chief executive and said authorities are overseeing operations, sending the ...
HSBC: New Measures by HKMA, PBOC to Help HK Mortgage Finance Mkt Flourish
The Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) yesterday (13th) announced new measures to further deepen the Stock Connect between the financial markets of Hong Kong and ...