Longfor has applied to list its property management arm in Hong Kong, following in the footsteps of many of its peers The unit, Longfor Intelligent Living, ... ( read original story ...)
Chinese spy Christine Lee is daughter of Hong Kong immigrant
Christine Lee moved with her parents to Northern Ireland in 1974 before relocating to the West Midlands in 1985 and marrying her first husband in Birmingham when she was 21. ( read original story ...)
Hong Kong High Court judge urges feuding family of late billionaire tycoon Henry Fok to drop lawsuit
Warring relatives should think about alternatives to the courtroom for resolving questions surrounding Fok's HK$11.3 billion estate, judge says Five offspring from Fok's first family are at ... ( read original story ...)
High Five: Hong Kong
Little Black Book, From real estate to delivery services, CEO and chief creative engineer at M&C Saatchi Hong Kong, Spencer Wong, opens up on five projects from totally different sectors ... ( read original story ...)
Hong Kong stocks retreat on tech pullback, property slump while PetroChina, CNOOC temper losses
Tech takes a breather after a 5 per cent surge on Wednesday as Alibaba, Tencent lead peers lower; gains in PetroChina, CNOOC temper losses An index tracking mainland developers slumps by the most in a ... ( read original story ...)
Does Carrie Lam’s ambitious plan to overhaul the Hong Kong government go far enough?
Some critics ask whether combining housing and development, for example, would better position government to tackle housing shortage. ( read original story ...)
Kerry Properties becomes latest Hong Kong developer to make huge land acquisition in China
Hong Kong developers are boosting their land holdings in China, taking advantage of weaker competition from their debt-stricken mainland rivals to pick up choice assets at auctions. ( read original story ...)
Wealthy Hong Kong buyers opt for multiple units in new developments as they seek larger space, amenities
Buyers are spending huge amounts on multiple flats in new projects from Pak Shek Kok in Tai Po to South Land in Wong Chuk Hang despite the extra 15 per cent stamp duty A buyer spent HK$131.84 million ... ( read original story ...)
Another big Chinese real estate developer might need to sell off property
Over the weekend, the Chinese media outlet Caixin reported that Shimao has put on sale all of its domestic real estate projects as the cash-strapped firm scrambles to dispose of a ... ( read original story ...)
Hong Kong Home Prices to Fall As Residents Leave, UBS Says
Hong Kong’s home prices are set to decline in 2022 as residents continue to leave the city, according to UBS Group AG. ( read original story ...)
Hong Kong to close primary schools, may vaccinate children
Hong Kong is reimposing some of its strictest virus curbs since the pandemic began, putting fresh strain on the financial hub’s economy. ( read original story ...)
Shimao pushes back on media reports, says it’s in talks for property sales to help resolve debt crisis
Chinese real estate developer Shimao Group Holdings pushed back Tuesday on reports of default and sales of prime property. ( read original story ...)
What to do when a bank calls your mortgage loan? Don’t panic. The problem can be easily fixed
Recently banks have been known to call or terminate a mortgage loan when you are in breach of the declared use of property and engage in cryptocurrency trading If the bank calls your mortgage loan, ... ( read original story ...)
Developer Shimao’s fire sale, new rating cuts keep China property on edge
Shanghai-based developer Shimao has put all its projects on sale, local media reported on Monday, and more Chinese property firms suffered credit rating cuts, leaving markets torn between hopes a ... ( read original story ...)