Fears of an increasingly tough climate for Chinese exporters and more malaise in the property market sent Hong Kong shares trading lower Wednesday. After trying to rise higher in the morning, the Hang ...
Embattled Chinese property firm Evergrande up 20% after trading resumes in Hong Kong
Shares of embattled Chinese property giant Evergrande surged over 20% after it resumed trading in Hong Kong on Tuesday.
Stock market today: Asian markets sink, with Hong Kong down almost 3% on selling of property stocks
U.S. futures fell and oil prices also were lower. Hong Kong’s Hang Seng dropped more than 3% as investors unloaded property shares. However, China Evergrande was up nearly 16%, resuming trading after ...
Hong Kong shares drop 3%, dragged down by real estate and energy
Hong Kong's Hang Seng Index dropped more than 3% Tuesday, dragged by its real estate and energy sector. The benchmark index's loss of over 500 points is a significant decline, Everbright Securities' ...
Hong Kong stocks sink most in three months amid China property woes, US rate worries
They were up 16% to trade at 37 Hong Kong cents (4.7 US cents), only 1% of the value of its peak price in October 2017. The stock of Evergrande Property Services also resumed trading, down 1.7% to 58 ...
Shares of China Evergrande and its property unit jump in Hong Kong as they resume trading after confirming chairman is under police control
Evergrande shares surged as much as 42.2 per cent to 46 Hong Kong cents in early Tuesday trade, while shares of the company’s Evergrande Property Services unit rose as much as 14 per cent to 67 Hong ...
China’s Evergrande Resumes Hong Kong Trading
Heavily indebted Chinese property giant Evergrande resumed trading in Hong Kong on Tuesday, according to a statement on the stock exchange's website.
Scrapping Hong Kong property curbs would be welcomed, but not sufficient to fix what ails the flagging sector: analysts
Any government rollback of property cooling measures is likely to boost home sales in Hong Kong, but even completely scrapping the measures would not be enough to revive a market that is grappling ...
China Evergrande soars after property developer’s stocks resume trading
HONG KONG (AP) — Shares of debt-laden property developer China Evergrande Group soared Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares ...
Refinancing loans drive up mortgages by 26.9% in August
Mortgages for financing new homes or primary market transactions fell 19.8%. Residential mortgage loans extended in Hong Kong rose by 26.9% in August to HK$35.6b, according to data from the Hong Kong ...
Hong Kong sees improved retail property sales transactions
Retailers and shopping mall operators in Hong Kong are pinning their hopes on the night-time economy to stimulate local spending sentiment and help revive the local retail market. On the bright side, ...
Hong Kong Mortgage Rule Easing Seen Doing Little to Lift Market
Hong Kong is relaxing its mortgage rules for homes under construction, as the government takes further steps to support the city’s property market that’s been weighed by high borrowing costs.
Trading of shares of heavily indebted property developer China Evergrande suspended in Hong Kong
The Hong Kong stock exchanges says share trading of heavily indebted Chinese property developer China Evergrande Group has been suspended ...
Hong Kong Stocks Close at Lowest in 10 Months as China Property Woes Weigh
Distress in China’s property sector has continued to stoke fears of a slowdown in the world’s second-largest economy, rattling stock markets across the region and sending Hong Kong equities to a ...