Hong Kong’s property market is in a rut, reeling from rising mortgage rates and an economy hobbled by strict virus curbs.Despite this, it still has some of the most frighteningly expensive real estate ...
China’s relaxation of ‘zero-Covid’ controls comes at a crucial time for Hong Kong property
Hong Kong needed China to start reopening last year, when borrowing costs were at rock-bottom levels and the post-pandemic recovery was under way Hong Kong's prospects hinge on a full reopening of the ...
Scary thought: spooky new Hong Kong haunted house trend sees homebuyers take a chance on properties with a grisly past
Search for cheap deals in hard times sees more people consider apartments connected to murder, death and grisly crimes Hong Kong's property market is in a rut, reeling from rising mortgage rates and ...
Waning trust: China shadow banks pivot away from property to survive
Chinese developers' debt-fuelled construction boom enriched the country's shadow banks, who were eager to capitalise on the needs of an industry desperate for credit and too risky for traditional ...
Scary thought: spooky new Hong Kong haunted house trend sees home buyers take a chance on properties with a grisly past
New survey finds growing interest in 'haunted' properties among Hongkongers who would normally shun such places out of superstition Search for cheap deals in hard times sees more people consider ...
Fusion Bank, Midland Realty bring buy now, pay later business model to Hong Kong housing market
Under the scheme, tenants can apply to Fusion Bank for loans, and use the money for lump-sum prepayment of leases Landlords will be more confident about tenants making payments on time, which will ...
Hong Kong tycoon Jimmy Lai jailed over five years on fraud charge
Pro-democracy Hong Kong tycoon Jimmy Lai was sentenced today to five years and nine months in prison for fraud, convicted of violating a lease contract for the headquarters of a liberal newspaper he ...
Chinese Developer Sunac Proposes Debt Restructuring
Property giant Sunac China announced plans to restructure debt worth $9.1 billion on Friday, providing hope for the country's beleaguered real estate sector after it wilted under a regulatory ...
Chinese property developer Sunac unveils US$9.1 billion restructuring plan with debt-to-equity swap, dollar bonds
The beleaguered company proposes up to US$4 billion in debt-to-equity swaps, plus issuance of dollar-denominated bonds, in a filing to the Hong Kong stock exchange on Friday.
Hong Kong stocks rise around 3% after reports say city is considering Covid rule easing
Hong Kong's Hang Seng index rose, bucking the trend in the region after local media reported that the city is considering dropping its outdoor mask rule ...
Hong Kong home prices drop to the lowest in nearly five years — and the worst may not be over
Prices of Hong Kong's residential properties plunged to a near five-year low as rising interest rates and a mass exodus of expat workers drove down prices.
Sign Of Life? Hong Kong Investor In Line To Buy £350M London Office
A private Hong Kong property company is in advanced talks to buy a £350M Midtown office block from Landsec , in one of the largest London deals to complete since interest rates spiked in the second ...
Live news: UK construction growth slows as mortgage rates hit housing market
The EU, alongside the US, UK and other western allies, has already imposed eight packages of sanctions against Russia, targeting scores of banks, defence companies, oil and gas producers and other ...
Hongkong Land unveils ‘LANDMARK Xmasverse’ to enrich digitised customer experience
Debuting on 7 December, it features numerous digital accompaniments in addition to the magical extravaganza, including interactive digital games.