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Tag: mortgage

Posted on 28/05/2022

Hong Kong homebuyers adopt wait-and-see approach amid rising mortgage rates and higher unemployment

Hong Kong homebuyers held back from buying at two new developments ... Where are the white knights in China’s US$1.7 trillion property sector? The sluggish sales come as local mortgage rates are ... ( read original story ...)

Posted on 28/05/2022

New York law firm White & Case opens 3 floors at Hongkong Land’s York House as tenants cherry pick from Central’s office market slump

Institutional investors are also likely to be more aggressive as they seek opportunities in Hong Kong, property consultants said. “In fact, 68 per cent of the first-quarter investment transaction ... ( read original story ...)

Posted on 28/05/2022

Sanction Chinese officials with UK assets over Hong Kong abuses, Liz Truss told

It followed research by Hong Kong Watch, which found that nine Hong Kong officials and 12 lawmakers accused of complicity in the ongoing human rights violations in the city have property overseas. ( read original story ...)

Posted on 28/05/2022

British MPs call for audit of property and assets held by Hong Kong and mainland Chinese officials

A cross-party group of 110 lawmakers have asked British Foreign Secretary Liz Truss to pursue action as a “pathway to introducing targeted sanctions” over controversial national security law. ( read original story ...)

Posted on 28/05/2022

Govt urged to carry out audit of UK assets of Hong Kong and China officials linked to human rights violations

The government should carry out an audit of the UK assets of Chinese and Hong Kong officials linked to human rights violations, a cross-party group of MPs has demanded. A group of 110 MPs has written ... ( read original story ...)

Posted on 28/05/2022

Hong Kong renewal project to build more than 4,000 flats in Kowloon City but vendors, Thai residents fear for soul of neighbourhood

Urban Renewal Authority is looking to acquire property interests in the area for its second-largest redevelopment project Union chair for Thai workers says community could become further fragmented ... ( read original story ...)

Posted on 27/05/2022

Hong Kong renewal project to built more than 4,000 flats in Kowloon City but vendors, Thai residents fear for soul of neighbourhood

With the combined area accounting for 1,000 property interests, the authority on Friday said ... According to a government census in 2016, more than 800 of Hong Kong’s 10,215 Thai residents live in ... ( read original story ...)

Posted on 27/05/2022

Hong Kong home prices in April rise for the first time in three months, as deals gain momentum on easing coronavirus curbs

Hong Kong’s home price index reversed a three-month losing streak ... “The index will widen its increase in May, but the overall property price [index] in the first half will still see a slight ... ( read original story ...)

Posted on 27/05/2022

Cambridge councillors clash over claims city homes marketed to Hong Kong property investors

Councillor Mike Davey said the Cambridge Investment Partnership "has never sought to attract international property investors". ( read original story ...)

Posted on 26/05/2022

Hong Kong developer moves to cash in on Covid ‘donation’

A top Hong Kong developer wants to build a multibillion-dollar tower complex on land it lent the city for a Covid-19 facility, triggering concerns it will threaten wildlife habitat and do little to ... ( read original story ...)

Posted on 26/05/2022

China property market slumps on developers’ debt crisis, weak buyer sentiment

HONG KONG : China's property market, a key pillar of the world's second-largest economy, has weakened sharply in the past year as a result of a government clampdown on excessive borrowings by ... ( read original story ...)

Posted on 26/05/2022

Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Short Interest Update

Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Rating) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 19,700 ... ( read original story ...)

Posted on 25/05/2022

Grand Mayfair project in Hong Kong’s Yuen Long reports robust sales for second time in five days, in encouraging sign for developers

Wednesday’s average price was below only that of Yoho hub, which went on sale for HK$19,899 at launch in December, and was above all other recent new projects nearby at launch, according to data from ... ( read original story ...)

Posted on 25/05/2022

Hong Kong stocks waver as property stocks get China boost while tech slide persists on earnings risk

Hang Seng swings between gains and losses amid growing concerns about a slump in Chinese tech earnings as the economy stumbles under Covid lockdowns HSBC, Kuaishou and Hong Kong property developers ... ( read original story ...)

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