HONG KONG (BLOOMBERG) - On a sweltering Sunday afternoon in Hong Hong's Sha Tin district, not long before police battled protesters with tear gas and rubber bullets in several locations nearby, eager ... ( read original story ...)
Economist: Hong Kong’s tycoons ‘are the problem’ underlying recent unrest
Hong Kong property prices have risen 300% since 2003. Beijing needs to stop consulting with property "tycoons" and take away their political power, Xie says. As protests continue to roil Hong Kong, a ... ( read original story ...)
Hong Kong is changing, but protesters have lost some support: Allan Zeman
Hong Kong is changing because of China but it will thrive after this violence ends according to local property tycoon Allan Zeman. He said “the media has made it look worse than it really is and the ... ( read original story ...)
Hong Kong Businesses Take a Side, Uncomfortably
The cracking in the facade of neutrality comes amid mounting damage to the Hong Kong economy and pressure from Beijing for public displays of loyalty. Being forced to take sides is unlikely to end ... ( read original story ...)
Hong Kong real estate: Protests and trade war wipe $50 billion off top property stocks
Weeks of pro-democracy protests in Hong Kong are battering shares in the city's property developers and pushing its benchmark stock index closer to a bear market. About 446 billion Hong Kong dollars ... ( read original story ...)
Property firms urge dialogue to end social unrest
Property developers expressed concern over the ongoing extradition bill-related protests in Hong Kong, warning about the potential impact of the unrest on the city’s economy and well-being. In a ... ( read original story ...)
$1.5 Billion Luxury Homes Sale Put on Hold Amid Hong Kong Unrest
Hong Kong billionaire ends silence ... which began over legislation that would have allowed extradition to the mainland, were causing potential property buyers to adopt a wait-and-see attitude. ( read original story ...)
China’s yuan exchange rate drop could roil already strained Hong Kong-protest hit economy
Hong Kong’s economy, already straining under the weight of anti-government protests as well as the US-China trade war, is now set to feel the pressure of a weaker Chinese yuan. Retailers, restaurants, ... ( read original story ...)
HSBC cuts mortgage cash rebates in half
Hongkong and Shanghai Banking Corp has cut the cash rebate rate in connection with residential mortgages to 1 percent for loans below HK$10 million, and to 1.5 percent for those above HK$10 million, ... ( read original story ...)
Swire Properties: Defensive Hong Kong Office Core With Disposals Funding Future Investments
Mainland China gross rental income grew by 14% in RMB terms for 1H2019, and a new Shanghai property to be opened in late 2020 should further grow recurring income. Hong Kong retail properties are ... ( read original story ...)
Cities in trouble: London will weather a no-deal Brexit but can Hong Kong survive its political crisis?
Last Thursday, Savills, the global real estate adviser, blamed political and economic uncertainty in Britain and Hong Kong for the 50 per cent fall in the profits it generated from advising on ... ( read original story ...)
For Hong Kong’s youth, there’s no hope at home – and so they pour out into the streets
Hong Kong’s geography squeezes people into living on narrow strips of flat land around the coasts. Simple supply and demand exacerbates these topographical facts, driving up property prices that are ... ( read original story ...)
Downturn to hit Hong Kong like a ‘tsunami’, as China slaps warning on Cathay
HONG KONG (Reuters) - Hong Kong's protests are hitting its economy, the city's leader Carrie Lam said on Friday, echoing warnings from business leaders including powerful local property developers, as ... ( read original story ...)
Economic downturn to hit Hong Kong like a ‘tsunami’, city’s leader warns
Hong Kong’s powerful property developers spoke out for the first time on Friday, urging calm in a statement signed by 17 companies, including CK Asset Holdings Ltd (1113.HK), founded by property ... ( read original story ...)