Property investment, management and development group Hongkong Land officially unveiled its Westbund Central project with an investment of more than 60 billion yuan ($8.28 billion) in Shanghai on ...
New World CEO to leave after two months in succession saga
Mr Ma’s departure adds to uncertainties at the company, which reported its first loss in two decades. Mr Ma was meant to steady the ship after Adrian Cheng, the eldest son of family patriarch Henry ...
Sun Life HK, HKMC partner to promote flexible retirement planning programmes
Hongkongers expect to retire at an average age of 66. Sun Life Hong Kong has partnered with the Hong Kong Mortgage Corporation Limited to refer clients to the Policy Mortgage Programme and Reverse ...
Hong Kong’s ‘Emperor’s Home’ penthouse sold at steep discount as distressed tycoons divest
We will continue seeing financially pressured owners offloading assets until interest rates come down substantially,’ analyst says.
Hong Kong home prices rise for the first time since March, though rents cool slightly
Hong Kong’s lived-in home prices rose in October, according to official data, arresting a five-month decline following an interest-rate cut and eased mortgage rules unveiled by Chief Executive John ...
Hong Kong property tycoon Eric Chu seeks court’s ‘mercy’ for death row wife Truong My Lan
Eric Chu, Truong My Lan’s Hong Kong property tycoon husband, has asked an appeal court to show his wife clemency and give her the “lowest possible” sentence, citing her service to the nation.
Hong Kong property: Agile chairman Chen Zhuolin loses US$16 million in 9-flat fire sale
Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million Chen Zhuolin, the chairman of distressed mainland Chinese developer Agile Group, has ...
Hong Kong property: Agile chairman Chen Zhuolin loses US$16 million in distress sale
Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million Chen Zhuolin, the chairman of distressed mainland Chinese developer Agile Group, has ...
Lesbian daughter of tycoon who offered millions to find her a man is now an iconic LGBTQ+ activist
In 2012, a tycoon tried to find a man to marry his lesbian daughter, Gigi Chao, for a handsome sum. It turned her into an LGBTQ+ icon.
Hong Kong developer New World to focus on managing debt, SCMP reports
Hong Kong property developer New World Development aims to focus on its debt load before any consideration of mergers or acquisitions, according to chairman Henry Cheng, the South China Morning Post ...
Property prices in Asia’s major markets set to rise in 2025: Hong Kong leads
Property prices across Asia's major markets, including Hong Kong, Australia, and Singapore, are expected to rise in 2025. Find out why and what this means for investors.
Hong Kong mortgage fintech FG Holdings files for IPO
FG Holdings, a Hong Kong mortgage fintech company, files for US IPO of up to 2M shares. Anticipated price $4.00-$5.00.
Hong Kong property tycoons plough money into rebounding IPO market
Property tycoons are lending their support to the Hong Kong IPO market for the first time in years, a move that could help fan the flames of a nascent recovery.
China’s tycoons sell luxury Hong Kong homes at steep discounts
Some wealthy Chinese have been selling their high-end homes in Hong Kong, one of the world’s most expensive luxury property markets, at fire sale prices this year.