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Tag: mortgage

Posted on 07/06/2023

China property liquidation risk heightened by delisting threat, says S&P

Some of China's distressed property developers face the risk of being delisted, which would reduce their options for restructuring and make them more vulnerable to liquidation, S&P Global Ratings said ...

Posted on 07/06/2023

Hong Kong police arrest former district councillor for collecting money from elderly victim of ‘guess-who-I-am’ scam

Wong Chun-yeung, 28, former Islands district councillor from the opposition camp, was arrested in Tseung Kwan O on Monday after an investigation found he had collected HK$300,000 from a 90-year-old ...

Posted on 07/06/2023

Hong Kong ends reign as world’s most expensive city for expats, Singapore gains 8 places amid soaring property prices, survey reveals

Hong Kong has lost its position as the world’s most expensive city for expatriates for the first time in four years due to lower accommodation costs, while Singapore has gained eight spots with its ...

Posted on 07/06/2023

Longfor leads surge in property developers as Hong Kong stocks hit 2-week high on China stimulus bets

Chinese developers led a rally in Hong Kong stocks as investors pushed the local market benchmark to a two-week high on speculation Beijing will inject stimulus to revive the ailing property market.

Posted on 04/06/2023

Hong Kong mall murders: 2 victims of brutal knife attack lived ‘just 300 metres’ from Abby Choi village house

Pair said to have shared space with a couple in three-storey property in village at which remains of model Choi were found in earlier case that shocked city.

Posted on 03/06/2023

Hong Kong property deals hit 4-month low in May due to fewer new launches and weak buyer sentiment

Ricacorp’s head of research says boost from border reopening has started to fade and market is in wait-and-see mode.

Posted on 02/06/2023

Hong Kong property deals hit 4-month low in May due to fewer new launches and weak buyer sentiment, says Ricacorp

The number of property deals fell 8 per cent to 5,268 last month, according to Ricacorp data Boost from border reopening has started to fade, property agency says Property transactions in Hong Kong ...

Posted on 01/06/2023

Hong Kong mortgage loans down 21.2% in April

The number of mortgage applications also dropped by 27.6% to 8,368 applications. Mortgage loans approved by Hong Kong lenders decreased 21.2% in April, as the number of applications also dwindled, ...

Posted on 31/05/2023

Singapore Is Now The Most Expensive Asia-Pacific City To Buy Or Rent Private Property

Singapore's private sector homes have surpassed Hong Kong SAR as the most expensive in the region with a median price of US$1.2 million.

Posted on 31/05/2023

ING closes $404.8m infrastructure securities for the Hong Kong Mortgage Corp

ING also acted as the sole finance adviser for the issuance's sustainable tranche. ING has closed the $404.8m inaugural infrastructure loan-backed securities (ILBS) issuance, named the Bauhinia ILBS 1 ...

Posted on 31/05/2023

HKMC completes first issuance of infra loan-backed securities

The Hong Kong Mortgage Corporation Limited (HKMC) on May 30 announced the successful completion of its first issuance of infrastructure loan-backed securities under its pilot scheme on infrastructure ...

Posted on 31/05/2023

Singapore surpasses Hong Kong as Asia-Pacific’s most expensive housing market in price and rent

Private residential property in Singapore has surpassed Hong Kong as the most expensive in the Asia-Pacific region in terms of absolute prices, according to a report by the Urban Land Institute (ULI).

Posted on 31/05/2023

Hong Kong market enters bear territory as China manufacturing decline erodes investor faith in economic recovery

Hong Kong stocks tumbled into bear-market territory after a government report showed manufacturing in China continues to contract, sparking renewed concerns over the nation’s wobbly economic recovery.

Posted on 31/05/2023

Hong Kong renovation saga: all you need to know about modifying your flat and how to do it safely and legally

A video posted online showing a renovated flat led to an investigation into the modifications Homeowners should make sure they know which renovations need government approval Sharp-eyed internet ...

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