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Tag: mortgage

Posted on 07/09/2023

K Wah’s Dongguan project is betting on cheaper mortgages, river views luring Hong Kong homebuyers to Greater Bay Area city

Property developer K Wah International Holdings has set aside flats for buyers from Hong Kong at its Bayview project in Dongguan, a city in the Greater Bay Area.

Posted on 06/09/2023

Country Garden Fends Off Default as China Property Stocks Spark to Life

China's largest developer is fighting for life but its efforts have prompted a rally in distressed debt and Hong Kong property stocks.

Posted on 06/09/2023

China Property Stocks Soar In Hong Kong On Stimulus Hopes

Shares in battered developers rocketed in Hong Kong on Wednesday on investor bets that Beijing will follow up recent pledges to boost the real estate sector with more measures.

Posted on 06/09/2023

Chinese Property Stocks Jump Amid Hopes for More Stimulus

Chinese property stocks jumped early in Hong Kong amid hopes of more property-market stimulus ahead and a state-owned media report saying Beijing might roll out new measures to shore up the sector, in ...

Posted on 05/09/2023

Climate change: Hongkong Land joins push to make the city’s buildings greener with scheme to cut office tenants’ emissions

The developer aims to improve its own and its tenants' environmental performance by collaborating on the set-up and operation of their offices It is the latest developer to launch an initiative that ...

Posted on 05/09/2023

Asset managers look to sell Hong Kong buildings as higher rates bite

Asset managers are increasingly looking to dispose of their commercial buildings in Hong Kong as rising interest rates take a toll on mortgage payments, which for some have now exceeded rental income.

Posted on 05/09/2023

Hong Kong stocks slide amid China property default risk while Sinopharm slides on index debut, L’Occitane crashes

Hong Kong stocks fell from a three-week high, led by a retreat in property developers as concerns about debt defaults overshadowed Beijing’s efforts to revive home sales and repair market confidence.

Posted on 05/09/2023

ALERT: Hong Kong Mortgage Corporation US$ 5yr Reg S social bond order book over US$1.5bn (incl US$290m JLM interest)

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Posted on 05/09/2023

Hong Kong stocks slide as China property default risk stays in focus while Sinopharm slides on Hang Seng index debut

Stocks surrender some of the 2.5 per cent rally from Monday as concerns about the property debt crisis at Country Garden keep investors at bay. Sinopharm falls as the stock joins the Hang Seng Index ...

Posted on 05/09/2023

China unit of Hong Kong’s New World reports US$1.37 billion in home sales, among few bright spots in mainland property sector

New World Development sold more than 10 billion yuan (US$1.37 billion) worth of residential projects in mainland China in the first eight months of the year, the company said in a statement on Monday.

Posted on 04/09/2023

Chinese Stocks in Hong Kong Jump After More Property Easing

Chinese stocks listed in Hong Kong advanced on Monday after the nation rolled out further property support measures including lower down payments for homebuyers and looser mortgage rules at major ...

Posted on 04/09/2023

WRAPUP 1-After Country Garden debt deal, focus shifts to China property recovery prospects

By Xie Yu and Carolina Mandl HONG KONG/NEW YORK, Sept 4 (Reuters) - Country Garden's deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($537 million) has brought the ...

Posted on 03/09/2023

Japan’s old abandoned houses, or akiya, draw Hong Kong, foreign buyers looking for a bargain holiday home to let

Lying vacant in mainly rural areas, Japan’s 8 million or so akiya can often be snapped up for a fraction of the price of a new or lived-in property in a housing market that is already cheap compared ...

Posted on 03/09/2023

Hong Kong must ‘revolutionise’ tree-planting methods to ensure public safety, reduce property damage, experts say as second possible storm looms

Experts say government must opt for better quality soil and use more when planting trees in high-density areas to prevent them becoming vulnerable to storms.

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