Country Garden missed a local bond payment—the latest difficulty for a giant once seen as among China's strongest property developers, but which has been pushed to the brink by the country's ...
Rising Mortgage Defaults Bring More Pain to Chinese Households
Rising mortgage delinquencies could have negative spillovers on both property prices and consumer confidence, analysts say, further complicating China's efforts to boost household demand and bring its ...
Hong Kong’s mortgage demand rose 36.8% in January
Loans for brand new and resale residential properties registered double-digit increases. The number of residential mortgage applications in Hong Kong rose by 36.8% in January compared to the previous ...
Truong My Lan’s Hong Kong tycoon husband ‘unintentionally’ committed crime
Hong Kong property tycoon Eric Chu said he never knew that letting his wife Truong My Lan use a building as collateral would put him in the dock.
China scrambles to prevent another big property developer going bust
Chinese banks are reportedly scrambling to bail out one of the country’s biggest property developers after its credit rating was downgraded to “junk” status by Moody’s on Monday.
Wharf sees more struggles ahead in Hong Kong, mainland China after reporting weak property sales, profit in 2023
China faces considerable domestic challenges, from a sluggish property market to weak consumer sentiment, Wharf says. After a poor result in 2023, more time is needed to revive the property markets, ...
Hong Kong property: all eyes are on CK Asset’s Blue Coast project for ‘direction’ on housing prices
All eyes are on CK Asset Holdings, the property flagship of Hong Kong billionaire Li Ka-shing, which is likely to launch Blue Coast, its new project in Wong Chuk Hang, this month, analysts said. The ...
End of curbs must not lead to return of Hong Kong property speculation
Hong Kong property prices are among the highest in the world, and this remains the case despite a decade of highly successful controls that included capping loans to deter speculators and levying a ...
Hong Kong SAR removes property restrictions, sparks a surge in mainland buyer visits
VCG. The Hong Kong Special Administrative Region (HKSAR) has scrapped all property-related demand-side curbs, sparking a surge in market activity -- i ...
Hong Kong’s removal of property cooling measures will widen wealth gap
Readers question the rationale behind the removal of stamp duties intended to cool the property market, and point to the benefits of the measure Feel strongly about these letters, or any other ...
Ending cooling measures no game changer for Hong Kong property market
The end of more than a decade of cooling measures for Hong Kong's property market is welcome and has sparked a surge in new home sales These changes must be put in proper context, though, as several ...
‘Unfair’: property tycoon hits out at ‘Hong Kong is over’ criticism, says every market has its cycles
A property tycoon has joined the fray to rebuff criticism that “Hong Kong is over”, arguing it is unfair to judge a stock market’s performance on recent lows and that housing transactions may surge 30 ...
Why Hong Kong’s property slump may be best time to focus on public housing
With one in two Hongkongers locked out of the property market despite falling prices, it's time to move towards the Singapore model of providing public housing for more people, not only the poor We ...
Hong Kong property: Homebuyers flock to second flat sale at Henderson Land’s Belgravia Place
Homebuyers flocked to a second round of sales at Henderson Land Development’s Belgravia Place project on Thursday amid expectations that first-hand sales are likely to hit a 40-month high in March.