News of the Santa Barbara earthquake, and the Californian’s premature near-demolition, arrived in Hong Kong within a couple of days ... in the Spanish Colonial Revival style – the first luxury property in Santa Barbara’s arty and tourist-friendly ... ( read original story ...)
HK-listed Co-Prosperity seeks bigger stake in Yong Tai
KUALA LUMPUR: Hong Kong-listed Co-Prosperity Holdings Ltd is increasing its shareholding in tourism and cultural property developer Yong Tai Bhd (YTB) via a private placement exercise. YTB told Bursa Malaysia that Co-Prosperity’s wholly-owned subsidiary ... ( read original story ...)
Asia markets fall after Dow cracks 22,000; Kospi down 1.9%
CapitaLand stock was down 0.8 percent. Hong Kong's CK Hutchison and Cheung Kong Property Holdings were also among the Asian companies reporting results Thursday. In foreign exchange, the U.S. currency strengthened slightly after hitting 15-month lows ... ( read original story ...)
Three principles Hong Kong can learn from Singapore
Of course property developers in Hong Kong would not be pleased at such a policy. Pushing out unpopular policies to improve Hongkongers’ lives would require vision, conviction and planned execution. ( read original story ...)
Hong Kong prices expected to keep rising as supply issues continue
Indeed, the Government announced an eighth round of mortgage tightening measures in May to help restrain soaring value but the lack of supply means demand is not lessening. Hong Kong’s new leader, Carrie Lam, who took over at the beginning of July has ... ( read original story ...)
PennyMac Mortgage Investment Trust (PMT) Given Average Recommendation of “Hold” by Brokerages
Its up 3.11% from 2.61M shares previously. The Hong Kong-based Point72 Asia (Hong Kong) Ltd has invested 0.08% in PennyMac Mortgage Investment Trust (NYSE:PMT). It is 0.00% or $0 reaching $18.51 per share. It is down 18.22% since July 31, 2016 and is ... ( read original story ...)
Affordable homes to be focus of Hong Kong housing policy, Carrie Lam vows
Earlier this year Hong Kong ranked as the world’s least affordable city to ... She noted that the average monthly mortgage payment for a 485 sq ft flat would take up 66 per cent of the median monthly private household income, according to figures from ... ( read original story ...)
Apple Stock Soars to Record High After Earnings, iPhone Excitement
Ellington Residential Mortgage REIT ValuEngine raised ARMOUR Residential REIT ... "The decline from a market standpoint was concentrated in Hong Kong, which is a place that has been really affected by a reduction in tourism because the Hong Kong Dollar ... ( read original story ...)
First Eagle Investment Management Cut Pepsico (PEP) Position; Anworth Mortgage Asset (ANH) SI Increased By 31.19%
Ifc Holdings Inc Fl stated it has 0.01% of its portfolio in Anworth Mortgage Asset Corporation (NYSE:ANH). Princeton Alpha Mngmt Limited Partnership reported 17,443 shares or 0.02% of all its holdings. 3,402 are held by Point72 Asia (Hong Kong) Limited. ( read original story ...)
Urgent need to fix flat shortage amid soaring prices: Lam
She added that Hong Kong families were spending on average 66.1 percent of household income to pay mortgages in the first quarter, as reflected by the latest Median Mortgage Payment and Loan Repayment to Income Ratio. And the flats aren't even particularly ... ( read original story ...)
The boomerang generation really does come back
At the same time, my young adult daughter and her partner were becoming increasingly concerned they would never afford to be able to buy when they move back to Sydney from Hong Kong in a few years ... help with the initial mortgage payments. ( read original story ...)
Here are the big landlords among Hong Kong’s top decision makers
Another big landlord, Arthur Li Kwok-cheung, was also an Exco member in the former government and holds more than 30 pieces of property in Hong Kong, some of which belongs to a company directed by Li and his family members. Li is a remunerated director of ... ( read original story ...)
Tycoon’s move shows mainland’s space for speculation is shrinking
Billionaire Li Ka-shing, chairman of CK Hutchison Holdings Ltd and Cheung Kong Property Holdings Ltd speaks during a news conference in Hong Kong, March 22, 2017. [Photo/VCG] HONG KONG TYCOON, Li Ka-shing put his Hutchison Global Communications on sale on ... ( read original story ...)
Malaysian firm to set up shop in Cambodia
The Malaysia-based Rahim & Co International Bhd, an international property investment consultant, has announced it will expand its presence into the Asean and Asia-Pacific markets like Cambodia, Vietnam, China and Hong Kong. Tan Sri Abdul Rahim Abdul ... ( read original story ...)