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Tag: mortgage

Posted on 07/04/2023

Chinese Consumers’ Lack of Confidence Is Causing a Rush of Mortgage Prepayments

Worries about future income levels and poor investment returns are pushing borrowers to repay debt early.

Posted on 06/04/2023

If you’re at AMK Hub, you may run into Hong Kong actor Benz Hui selling pastries

It's not every day you get a Hong Kong celebrity hawking stuff at a suburban mall.Well, some surprised shoppers certainly did a double take when they spotted veteran TVB actor Benz Hui promoting ...

Posted on 05/04/2023

Embattled Chinese property developer Evergrande said it’s reached a restructuring deal with offshore creditors

Embattled Chinese property developer Evergrande on Tuesday said it's reached a restructuring deal with creditors that should allow it to resume operations.

Posted on 04/04/2023

Hong Kong property deals likely to dip in April as used home sales lose ground, says Ricacorp

The number of deals is likely to dip slightly after a three-month rally pushed transactions to a 20-month high in March The second-hand market will see its market share fall as buyers are drawn to new ...

Posted on 03/04/2023

China stocks rise as property, tech firms jump; Hong Kong flat

Property developers and technology firms lifted China stocks on Monday, while Hong Kong shares closed almost flat, after surprise output cuts by Saudi Arabia and other OPEC+ oil producers added to ...

Posted on 03/04/2023

China stocks rise as property, tech firms jump; Hong Kong slips

Property developers and technology firms lifted China stocks on Monday, while Hong Kong shares slipped, tracking global markets after surprise output cuts by Saudi Arabia and other OPEC+ oil producers ...

Posted on 03/04/2023

HK home prices hit 4-month high

Hong Kong’s residential-property market has posted gains for two consecutive months, pushing prices to a four-month high.

Posted on 03/04/2023

Sluggish Hong Kong office-rental market shows signs of bottoming out as enquiries pick up, analysts foresee rising rents

Agents are fielding more leasing enquiries as companies upgrade and consolidate, and rents are expected to edge up by the end of the year, according to market players.

Posted on 02/04/2023

Hong Kong property: Wheelock sells over half of its flats in first batch of Koko Mare project in Lam Tin in 3 hours

Homebuyers snapped up at least 75 of 138 flats at Wheelock Properties' Koko Mare in Lam Tin by 6pm on Saturday Property demand has surged in Hong Kong amid hopes that the city has reached the peak of ...

Posted on 01/04/2023

Chinese Property Developer Sunac Posts $2 Billion Core Loss in 2022

Major property developer Sunac China on Friday logged a net narrowing core loss of 13.86 billion yuan ($2.02 billion) in 2022, as the debt-laden firm slowed its project construction and incurred ...

Posted on 30/03/2023

Chinese tycoon Chen Hongtian has Hong Kong property that includes Peak house seized by lenders

The 9,212 sq ft property at 15 Gough Hill Road was seized this month by receivers appointed by Bank of East Asia Opus Hong Kong apartment is taken over by receivers on behalf of Bank of Communications ...

Posted on 29/03/2023

Hong Kong’s property market gathers momentum as home prices jump by the most since May 2020

Activity in the property market increased after the Hong Kong government lowered a decade-old stamp duty on mass-market flats and the city lifted all mandatory mask-wearing requirements and ...

Posted on 29/03/2023

Hong Kong private home prices rise for second straight month in February

HONG KONG: Hong Kong private home prices climbed 2.2 per cent in ... by survey company Demographia as the least affordable city in the world in 2022 based on property prices versus median income, with ...

Posted on 29/03/2023

Hong Kong Home Prices to Rebound Up to 8% This Year, S&P Says

Hong Kong’s residential property prices are expected to increase this year after the removal of Covid restrictions and the border reopened with mainland China, according to S&P Global Ratings. A price ...

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