Shares in heavily indebted China Evergrande Group have been taken off the Hong Kong Stock Exchange, capping a grim reversal of fortune for the once-booming property developer.
China Evergrande Group delisted from Hong Kong stock exchange
Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for the once-booming property developer. A committee at the ...
Evergrande delisting marks end of era for China’s property sector
Evergrande, the world’s most indebted property developer, has been officially ejected from Hong Kong’s stock exchange, bringing down the curtain on the public status of a company that embodied the ...
5 Years On, China’s Property Crisis Has No End in Sight
The government had set out to slow speculation, kicking off a slowdown in real estate values that is still grinding on with wide economic consequences.
Chinese property giant Evergrande delisted after spectacular fall
Chinese property giant Evergrande's shares will be taken off the Hong Kong stock market on Monday after more than a decade and a half of trading.
Chinese property giant Evergrande to be delisted after spectacular fall
It marks a grim milestone for what was once China's biggest real estate firm, with a stock market valuation of more than $50bn (£37.1bn). That was before its spectacular collapse under the weight of ...
From US$50 billion to bust, investors count cost of Evergrande’s market tryst
HONG KONG] China Evergrande Group, for the most part, lived true to its name – it was once the country’s premier developer, its listing in Hong Kong in 2009 was the biggest by a Chinese private ...
Hong Kong to Ease Mortgage Rules, Cuts Liquor Tax in Growth Push
(Bloomberg) -- Hong Kong will loosen mortgage rules on homes and slashed the tax on spirits as the government seeks to stimulate an economy impacted by China’s slowdown.Most Read from ...
Hong Kong Changes Reverse Mortgage Rules Allowing Seniors to Lease and …
The government-owned Hong Kong Mortgage Corporation (HKMC) has introduced a rule which will allow reverse mortgage borrowers to lease the properties they’ve taken out a loan against, which could ...
Hong Kong’s Funding Cost Surge Is Another Headache for Stocks
Hong Kong’s stock market is facing another speed bump from a recent spike in local funding costs. The one-month Hong Kong Interbank Offered Rate, the city’s money market benchmark known as Hibor, has ...
Banks see weakness in Hong Kong’s commercial property – CBRE says positive signs are returning
Marcos Chan, head of research at CBRE Hong Kong, says the vacancy rate in Hong Kong's commercial property market is high – but things are slowly improving, as developers and clients gain confidence in ...
Hongkong Land launches Hong Kong’s first AI-powered intelligent facility management platform
The Integrated Facility Management Control Tower (IFMCT) unifies over 20 standalone building systems into a single AI-powered command centre and is poised for wider implementation, with plans to ...
Global prime property prices cool as Hong Kong leads decline, Knight Frank says
Guangzhou has the second-worst performance among 46 cities in the second quarter, followed by Toronto, according to a new study.
Hong Kong economy forecast to grow by 2-3% in 2025 despite US tariffs, geopolitics
Hong Kong’s economy will expand by between 2 and 3 per cent this year as previously forecast despite worsening geopolitics, with a robust local stock market, stabilised property sector and rising ...