HONG KONG (Reuters) - Shares of China property developers surged on Monday after first-tier cities such as Guangzhou lifted all home purchase restrictions over the weekend, while Shanghai and Shenzhen ...
The private student accommodation market shows great potential, but repurposing existing properties will only go so far to satisfy growing demand
The private student accommodation market shows great potential, but repurposing existing properties will only go so far to satisfy growing demand.
China’s top banks to tweak mortgage rates to boost housing market
SIX of China’s biggest banks said they would tweak interest rates on existing mortgages following a request to lower them from Beijing’s central bank, state media said on Monday (Sep 30), as the ...
China Removes Curbs on Home Buyers, Sparking Stock Market Surge
After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making easier to buy homes.
Hong Kong property investors to keep powder dry as interest-rate cut fails to tempt
I would not say an interest-rate-cut cycle has begun,' expert says. 'Therefore, we won't be seeing many investors entering the market.' Investors may remain on the sidelines of Hong Kong's property ...
China to Allow Home Buyers to Refinance Mortgages in Latest Easing Move
The move is the latest in a weeklong burst of easing measures aimed at stimulating China’s moribund property market.
Hong Kong tycoon Cecil Chao’s shift: From $128M marriage offer to accepting daughter’s same-sex partner
Hong Kong property tycoon Cecil Chao once offered HKD1 billion (US$128 million) to find a husband for his daughter, Gigi Chao, but his efforts were unsuccessful.
Hong Kong property scion Adrian Cheng steps down as chief of New World Development
Eric Ma, a former secretary for development of the Hong Kong government and family outsider who was appointed as New World’s chief operating officer in January this year, will be taking over Cheng’s ...
Adrian Cheng, member of one of Asia’s richest families, resigns as New World CEO after the Hong Kong developer posts $2.5 billion loss
His resignation adds to questions over succession at the Cheng family conglomerate, whose business also spans from jewelry to logistics.
Trading Halted In Hong Kong-listed New World Development
Share trading in property giant New World Development was suspended in Hong Kong on Thursday ahead of its earnings release later in the day amid reports its chief executive will step down and it will ...
HK Weekend Home Sales Fall to Eight-Week Low Despite Rate Cut
Lower interest rates have yet to spur a recovery in Hong Kong’s property market as weekend sales dropped to the lowest in two months, days after banks in the city reduced borrowing costs.
Lower rates fail to lift transactions on Hong Kong’s secondary property market
The new cycle of interest rate cuts spurred by the Fed failed to lift Hong Kong’s secondary property market over the weekend.
Why rate cuts won’t save cash-strapped Hong Kong tycoons and their luxury properties
Hong Kong luxury property market grapples with high interest rates and falling valuations, forcing wealthy owners to sell at big losses In the first of a two-part series, Salina Li, Aileen Chuang and ...
Various sectors say interest rate cut beneficial to Hong Kong economy
The Hong Kong Monetary Authority HKMA on Thursday reduced its base interest rate to 525 percent which is widely considered to be conducive to enha ...