Hong Kong and Shanghai stocks rallied Friday after China unveiled its most wide-ranging measures to support the country's battered property sector, sending real estate firms soaring.
Hong Kong and Singapore retail fortunes pick up, but Lion City could win in the long-term
Hong Kong fared slightly better, with rents for high street shops rising 1.7 per cent and prime shopping centres by 0.7 per cent in the same period, according to the property consultancy. It was, ...
Traditional Chinese design turns abandoned rural Hong Kong apartment into quirky home full of character
A couple threw themselves into renovating the upstairs flat in an abandoned house on Lantau Island and making it their dream home The result is an apartment bursting with colour and character that ...
Senior Hong Kong police officer jailed for 6½ years over HK$26 million mortgage fraud
Judge opts to reduce Superintendent Harbour Chan’s starting sentence by six months to reflect his ‘contribution to society’.
China to let local governments buy homes, cut mortgage rates to revive property sector
China will allow local government authorities to buy some homes at "reasonable" prices to provide affordable housing, Vice Premier He Lifeng told an online meeting on housing policy on Friday, the ...
Chinese property developer Country Garden’s Hong Kong liquidation hearing adjourned
A Hong Kong court adjourned to Jun 11 a hearing of a petition on Friday (May 17) seeking liquidation of Country Garden, providing a breather to the embattled Chinese developer amid B ...
China has teased how it might fix its property crisis. Markets are loving it
Chinese stocks surged on Thursday after officials in a major city announced plans to buy unsold homes in what some analysts believe could be a trial run for a much bigger solution to the country’s ...
China property shares jump on report of government plans to buy unsold homes
By Clare Jim HONG KONG (Reuters) -Shares of Chinese property developers jumped on Thursday, after a report that China is considering a plan for local governments nationwide to buy millions of unsold ...
Hong Kong stocks advance on China housing policy support measures, US rate-cut bets
Hong Kong stocks rally continues after China unveils more property support measures with gains supported by hopes the US central bank will start cutting interest rates later this year.
China property shares in HK jump on report of government plans to buy unsold homes
Shares of Chinese property developers in Hong Kong jumped on Thursday, after a report that China is considering a plan for local governments nationwide to buy millions of unsold homes from distressed ...
Banks in Hong Kong face credit risks from property downturn: Report
With over half of their total loan portfolios tied to real estate, Hong Kong banks are heavily exposed to the property sector through lending for property development, investment, and residential ...
Hong Kong is missing out on Asia-Pacific office property boom as supply glut puts off investors: Colliers
Hong Kong is missing out on an office investment boom in the Asia-Pacific region this year as a supply glut and high vacancy rates put investors off the segment, according to analysts.
Hong Kong-Listed Property Manager ESR Gets Takeover Bid From Starwood Consortium
Chaired by Warburg Pincus president Jeffrey Perlman, ESR said it is the world’s fourth largest listed real estate investment manager and the largest in Asia, with an AUM of $156 billion.
Hong Kong banks face credit risks from property downturn, Moody’s says
BEIJING: The protracted property downturn in Hong Kong and mainland China could weaken credit strength of banks in Hong Kong, a Moody's report said on Tuesday.