The Hong Kong Hang Seng Index opened higher Friday and rose to the close, finishing up 7.7% after the Thursday report from Washington indicated moderating inflation. Property and tech issues soared.
Every Hang Seng Component Rises as Hong Kong Market Follows Wall Street’s Lead
The hint of easing inflation has produced a spike in Asia's most-battered market, with a tweak of China's Covid quarantine rules thrown in for good measure.
Middle-class Hongkongers hoard more cash while eyeing property and overseas education as aspirations, HSBC study shows
More cautious with their investments, Hongkongers now hold 60 per cent more cash than before the pandemic, according to an HSBC study 'Middle class' in Hong Kong means owning property and having at ...
How redevelopment of old Hong Kong buildings can be made fairer for minority owners
Readers discuss the importance of minority owners in buildings under consideration for redevelopment being well represented, and Hong Kong Science and Technology Parks Corporation's supervision of ...
China’s Security Agency In Hong Kong Buys $65 Mn Luxury Villa
China's national security agency in Hong Kong spent HK$508 million ($65 million) on a luxury villa in an exclusive neighbourhood perched on a hill above the city, registry data has revealed.
China’s security agency in Hong Kong buys $65 million luxury villa
The 666-square metre (7,171-square foot) mansion has five bedrooms, three car parking spaces, a garden, its own lift and is described by its developer as "a residential jewel that secures panoramic ...
China’s Security Agency Buys $65 Million Luxury Villa In Hong Kong
China's national security agency in Hong Kong spent HK$508 million ($65 million) on a luxury villa in an exclusive neighbourhood perched on a hill above the city, registry data has revealed.
China’s security agency in Hong Kong buys US$65 million luxury villa
China's national security agency in Hong Kong spent HK$508 million (US$65 million) on a luxury villa in an exclusive neighbourhood perched on a hill above the city, registry data has revealed. The pur ...
Chinese property stocks soar on fresh regulatory support
Chinese property developers' share prices surged on Wednesday after regulators expanded a financing programme aimed at supporting bond issuance in the crisis-ridden sector.
Chinese developer Logan faces creditors’ wrath after multiple bond defaults amid property slump, stock sinks
Logan Group and two of its subsidiaries are facing winding-up petitions in Cayman Islands and Hong Kong, according to an exchange filing Shenzhen-based developer skipped interest payments on ...
Hong Kong home prices plunge most since 2016 as economy shrinks
The slump in Hong Kong’s property market is accelerating as borrowing costs rise. The Centaline gauge of secondary home prices fell 2% in the week ending Oct 30 from the previous week, the most since ...
Hong Kong Home Prices Plunge Most Since 2016 on Higher Rates
The slump in Hong Kong’s property market is accelerating as borrowing costs rise. The Centaline gauge of secondary home prices fell 2% in the week ending Oct. 30 ...
China Evergrande says its Hong Kong land sold by receivers for $637 million
The land project is expected to result in a loss of about $770 million, the Chinese property developer said in a filing to the Hong Kong bourse. The sale proceeds will be used to repay the financial ...
Vast Hong Kong villa development plot sold to cover Evergrande debts
Struggling Chinese property giant Evergrande has had a lucrative building plot in suburban Hong Kong sold off by its American receiver to cover some of the company's massive debts, according to ...