Thailand was the fourth-most-popular country for Chinese property investment in 2018, according to Juwai. With $2.3 billion coming in from Chinese sources, the Southeast Asian nation ranked behind onl... ( read original story ...)
Intellectual property rights get top of mind attention, survey finds
The majority of Hong Kong people believe it is necessary to protect intellectual property rights, survey has found. A total of 1,003 members of the public responded to the survey. An overwhelming majo... ( read original story ...)
Hong Kong yet to make the most of its iconic harbourfront
Moving the handprints of Hong Kong’s movie stars and their story panels up to the railings (they used to be trodden on, à la the Hollywood version) is also more logical and more respectful. Property t... ( read original story ...)
Hong Kong’s ‘mortgage slaves’ help keep the market afloat
Many Hong Kong people seem to think property prices will only go up. That’s why as soon as there are reports of negative equity, alarm bells start ringing. Well, if you are a speculator, it’s very lat... ( read original story ...)
Hong Kong sees 1st negative equity mortgage cases in 2 years
HONG KONG, Feb 1 (Reuters) - Hong Kong had its first cases of negative equity on residential mortgage loans in two years in the last quarter of 2018, according to the city's de facto central bank, as ... ( read original story ...)
HK sees negative equity cases for first time in two years
The Hong Kong Monetary Authority (HKMA) said on Thursday its survey found 262 cases of residential mortgage loans (RMLs) in negative equity – the value of the property fell below the outstanding balan... ( read original story ...)
Hong Kong: Mortgage loans down 20.7%
Residential mortgage loans approved in December fell 20.7% compared with the previous month to $23.5 billion, the Monetary Authority announced today. Mortgage loans financing primary market transactio... ( read original story ...)
HK$1.8b of home mortgages in negative equity
The aggregate value of home mortgage loans in negative equity at end-December added up to HK$1.18 billion and the unsecured portion of these loans amounted to HK$58 million, the Hong Kong Monetary Aut... ( read original story ...)
Pre-tax profits rise at Hong Kong banks for third year, but loan growth decline may weigh on sector in 2019
VC Wealth Management The Hong Kong banks are expected to gain from the first increase in the prime lending rate in 12 years, implemented in September 2018, as well as from an increase in the interbank ... ( read original story ...)
Hong Kong’s Lam Not Optimistic on Lasting U.S.-China Trade Deal
Hong Kong’s financial secretary will make this year’s official forecast next month, she said. Lam said high property prices and a shortage of land are the greatest challenges facing the city. “Creatin... ( read original story ...)
Co-working Operators Main Driver of Hong Kong Office Leasing Activity
According to JLL's latest Hong Kong Property Market Monitor report, despite lingering uncertainty surrounding the global economy and a slumping local stock market, co-working operators remained a majo... ( read original story ...)
Hong Kong property agency boss arrested after allegedly selling derelict US homes at inflated prices
Hong Kong police have arrested five people from one of the largest Hong Kong real estate agency specialised in overseas properties, including its managing director, after at least 28 Hongkongers accus... ( read original story ...)
Plan to cut rebates for Hong Kong property owners may be dropped entirely, says Chief Executive Carrie Lam
The plan to cut rebates for Hong Kong’s property owners may be dropped, the city’s leader said on Thursday. Chief Executive Carrie Lam Cheng Yuet-ngor made the announcement after lawmakers who had cal... ( read original story ...)
‘Government is crazy’: increase in mortgages for first-time Hong Kong homebuyers will boost debt, limit cooling measures
A possible increase in the amount first-time homebuyers can borrow as mortgage may encourage people in Hong Kong to chase expensive property, further driving up prices in the world’s most expensive pr... ( read original story ...)