Home prices in Hong Kong, one of the world's most unaffordable cities, have tumbled nearly 30% from their 2021 peak, hurt by higher mortgage rates, an outflow of professionals and a weak market ...
Hong Kong-Dollar peg makes less sense than ever
A rate divergence between the US and China erodes the city’s lure as a cheap place for companies to raise funds. It’s time to move on ...
Developer Sunac China gets liquidation petition, Hong Kong judiciary website shows
A liquidation petition has been filed against indebted property developer Sunac China , the Hong Kong judiciary's website showed late on Thursday.
Hong Kong’s November residential sales hit highest levels since April
Total sales from 6,298 transactions hit HK$57.3 billion in November. According to a Knight Frank report, thanks to interest rate cuts and relaxed mortgage rules announced in the Policy Address, Hong ...
UBS Expects HK Property Prices to Remain Flat This Yr w/ Grade A Office Rents Falling 3-5%
Unemployment Rate for Nov in Mexico is 2.6%, higher than the previous value of 2.5%. The forecast was 2.7%.
FLAIR Debuts CES 2025 Showcasing Cutting-Edge Industrial AI Solutions and Hong Kong’s Innovation Prowess
HONG KONG, SAR / ACCESSWIRE / January 6, 2025 / The Hong Kong Industrial Artificial Intelligence and Robotics Centre (FLAIR), specialising in AI and robotics application R&D, will make its debut at ...
Mortgage outlook 2025: Canadians can expect lower rates, deals this year
With inflation back to the Bank of Canada’s two per cent target and rate cuts expected to continue through next year, Canadians should anticipate lower mortgage rates and better deals going into 2025, ...
Hong Kong property: 10,000 new flats set to hit already supply-heavy market in 2025
Low prices will persist as developers offload inventory, but the market will fail to woo investors, according to experts.
Hong Kong property: The rich and famous lose billions as they succumb to slumping home values
Tycoons like Chen Zhuolin, Hui Ka-yan and the Ho Shung-pun family sold homes and offices at significant losses, reflecting the broader market slump ...
Hong Kong property deals drop in December as slump thins agent ranks
Transactions rose 17 per cent in 2024 despite a December decline of 28.3 per cent, according to government data.
A Luxury Home Can Help Investors Qualify for a Hong Kong Golden Visa—These Neighborhoods Could Get a Boost
Hong Kong is hoping it can help sell off the abundance of luxury homes lingering on the market with a new policy encouraging wealthy investors seeking residency to buy instead of rent.
Hong Kong home prices edge up 0.07% in November
Hong Kong's home prices were largely flat in November, in an early sign that the struggling property market could bottom out after interest rate cuts and other supportive measures.
Will Hong Kong celebrities like Chow Yun-fat find buyers for their luxury homes in 2025?
Luxury property prices to rise as much as 5 per cent next year, with rents also set to increase by the same level, Ricacorp's Derek Chan says Celebrities like Chow Yun-fat may have had to slash prices ...
China’s Housing Crisis Spills Over to Hong Kong—Major Developers Seek Help to Avoid Collapse
China's real estate crisis deepens, affecting developers like Vanke and spreading to Hong Kong, raising concerns over economic stability.