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Tag: mortgage

Posted on 20/05/2024

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, ...

Posted on 18/05/2024

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 ...

Posted on 17/05/2024

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’.

Posted on 17/05/2024

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 ...

Posted on 17/05/2024

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 ...

Posted on 16/05/2024

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 ...

Posted on 16/05/2024

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 ...

Posted on 16/05/2024

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.

Posted on 16/05/2024

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 ...

Posted on 15/05/2024

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 ...

Posted on 15/05/2024

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.

Posted on 14/05/2024

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.

Posted on 14/05/2024

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.

Posted on 13/05/2024

Hong Kong property: CK Asset discounts #Lyos ‘nano flats’ by 32%, signaling the end of the fad for miniscule homes

The flagship developer of tycoon Li Ka-shing has slashed the price of some of the remaining flats at its project in the Northern Metropolis by almost a third compared with when it was first launched ...

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