Hong Kong may be in the midst of a housing crisis, but families had the opportunity to burn a skyscraper - in the form of a paper offering - on Chung Yeung Festival yesterday. Sellers of paper offerin... ( read original story ...)
Hong Kong shares end firmer, but economic worries cap gains
Hang Seng index ends 0.1 pct higher China Enterprises index HSCE rises 0.53 percent HSI financial sector sub-index is flat; property sector down 0.3 percent Oct 16 (Reuters) - Stocks in Hong Kong ... ( read original story ...)
Can widespread industrial building conversions fill Hong Kong’s housing shortfall?
Industrial property owners in Hong Kong are rushing to subdivide their buildings into smaller, liveable units in the hope of benefiting from Chief Executive Carrie Lam Cheng Yuet-ngor’s recently annou... ( read original story ...)
China’s HNA lists property assets worth $11 billion for sale: documents
HONG KONG (Reuters) - Chinese conglomerate HNA Group [HNAIRC.UL] has put up for sale property assets worth at least $11 billion, according to documents seen by Reuters, accelerating a push to cut ... ( read original story ...)
9 Hong Kong billionaires who made their money in real estate
When anyone thinks of Hong Kong, the first thing that probably comes to mind is the sky-high property prices. Many tycoons in the city have built their fortune in real estate. Let’s take a look at the ... ( read original story ...)
Mortgage corp eyes infrastructure
Government-owned Hong Kong Mortgage Corporation is considering expanding its business to securitize infrastructure loans, to support the liquidity of different Belt and Road projects, as well as bring ... ( read original story ...)
Don’t be put off by a softening property market – Hong Kong can handle it
Amid the sell-off in stock markets around the world last week, an extra shiver of unease accompanied the slide in Hong Kong shares: the fear that local home prices may be about to roll over, exposing ... ( read original story ...)
Hong Kong is Asia’s Fastest Growing Hotel Market in 2018
According to the latest Property Market Monitor released by JLL, Grade A office rents in Hong Kong advanced by 0.7% m-o-m in August, with Wanchai/Causeway Bay posting the strongest growth on the back ... ( read original story ...)
How much hidden leverage is there in Hong Kong’s property market?
Amid the sell-off in stock markets around the world last week, an extra shiver of unease accompanied the slide in Hong Kong shares: the fear that local home prices may be about to roll over, exposing ... ( read original story ...)
Hong Kong is starved of usable land, and New Territories North offers real hope
The land shortage is the root of most socio-economic problems in Hong Kong, leading to high property prices, expensive rents and less competitive products or services in some industries. It contribute... ( read original story ...)
China’s Political Elite Still Hold Luxury Property in Hong Kong
China's financial and political elite are continuing to hold assets overseas in the wake of the Panama Papers revelations, with relatives of President Xi Jinping still owning millions of dollars' wort... ( read original story ...)
Rising sea levels, storm surges pose risks for Hong Kong’s artificial island project
Our Hong Kong Foundation, a think tank backed by property developers and former chief executive Tung Chee-hwa, is the driving force behind the Lantau reclamation project. The group has deployed a ... ( read original story ...)
Lower HK property valuations may trigger downward spiral
Banks in Hong Kong are aggressively cutting property valuations as the housing market weakens, threatening to fuel a downward spiral in prices, according to brokerage CLSA Ltd. "The banks’ assessment ... ( read original story ...)
How developer mortgage loans could impact the market
Since about three years ago, leading Hong Kong property developers have been offering mortgage loans for homebuyers to counter tighter mortgage rules that banks have to observe. The Hong Kong Monetary ... ( read original story ...)