Tag: mortgage

Li Ka-shing’s strategy to reinvest his lofty returns from Hong Kong and mainland China property investments into stable cash-generating assets in western developed countries is a long known open secret. What has caught some by surprise is the pace and ... ( read original story ...)

Yu said the new deals emphasised just how Malaysia and the Iskandar development region – where Forest City is sited – stood to gain from the private-property venture. The Iskandar zone is three times the size of Hong Kong and has drawn in billions of ... ( read original story ...)

This has yet to generate notable ripple effects in Hong Kong, however, with the property market remaining, for the time being, robust and rosy-cheeked. It is even possible that Brexit may offer some solid opportunities for Hong Kong. Richard Graham ... ( read original story ...)

HONG KONG -- Hongkong and Shanghai Hotels' new second-largest shareholder ... Underlying profit -- calculated by subtracting the after-tax effects of property revaluation and other items -- rose 19% to HK$181 million. ( read original story ...)

It also touches on trade in services, investment, intellectual property rights, dispute settlements, horizontal and institutional issues, economic and technical cooperation, and other areas of interest to be mutually agreed upon. In 2015, Hong Kong was ... ( read original story ...)

(Photo by Jennifer Lo) With more than half of its revenue coming from retail, Hysan's turnover was up modestly by 1.8% to 1.79 billion Hong Kong dollars ($230 million) in the first six months of this year. Its underlying profit, excluding gains on property ... ( read original story ...)

But a Yohai-controlled company that owns the property filed for bankruptcy protection in December, imperiling the venture. Pushed out by high rental prices in Hong Kong, more people are living in tiny illegally subdivided apartments. Nationalgeographic.com ... ( read original story ...)

Another dead end: an apartment that Guan listed as his address in Hong Kong filings. The current tenant ... operator CWT Ltd and the initial public offering of an HNA backed property trust are facing delays, according to people familiar with the matter. ( read original story ...)

Hongkong Land Holdings announced on Thursday (3 August ... “The good performance of the group’s investment property portfolio is expected to continue in the second half of the year, although the contribution from development properties will not ... ( read original story ...)

Tiny flats are flooding Hong Kong as developers rush to target first-time buyers ... rose to about 1,400 at the end of June, according to Centaline Property Agency. Wong Leung-Sing, an associate director of research, said the number may rise to about ... ( read original story ...)

A sizeable gain from the revaluation of investment properties saw earnings at Hongkong Land Holdings rocket 147 per cent in the first half of this year. The property group reported a net profit of US$3.13 billion (S$4.2 billion) for the six months ended ... ( read original story ...)

Tycoon Li Ka-shing's two major companies, CK Hutchison (0001) and Cheung Kong Property (1113), posted stronger earnings in the first half of this year driven by strength in the telecommunications business in Europe and strong home sales in Hong Kong. ( read original story ...)

Underlying profits, excluding valuation gains on property, rose 14% as booming home sales in Hong Kong outweighed weaker sales in mainland China. The developer recently revised up its full-year contracted sales target to HK$35 billion, after achieving its ... ( read original story ...)

Despite increases in interest rates, there won't be any bursting of a property bubble in Hong Kong, it said. It said it expects the US Federal Reserve to raise interest rates only once the rest of this year. It added it expects transactions in the first ... ( read original story ...)