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.
Chinese Courier SF Seeks Up to $793 Million in Hong Kong Listing
China’s biggest express-delivery firm SF Holding Co. is seeking to raise as much as HK$6.2 billion ($793 million) in its Hong Kong listing in another test of appetite for large share sales in the city ...
Goldman Sachs downgrades Hong Kong stocks to underweight
Hong Kong stocks are cheap but may miss out on the benefits of China's efforts to support its economy, analysts at Goldman Sachs said, while downgrading their recommendation on the market.
Hong Kong Relaxes Mortgage Rules to Bolster Property Market
Hong Kong eased its mortgage rules to allow homebuyers to fork out lower downpayment, aiming to address a prolonged property slump in the city. The loan-to-value (LTV) ratio for all residential ...
Hongkong Land’s Q3 profit rises on China build-to-sell completions
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Hongkong Land reports higher underlying profit for 3QFY2024 on greater build-to-sell completions
In the group’s investment property segment, Hongkong Land’s central office portfolio vacancy stood at 7.6%, compared to 12.2% for the overall central district grade A office market.
Lui Che-woo, Hong Kong property and casino magnate of K. Wah and Galaxy, dies at age 95
Lui Che-woo (pic), who rose from humble beginnings to become one of Asia’s biggest casino magnates, with a portfolio of hotels, resorts and property in Hong Kong and Macau, has died. He was 95.
Hong Kong residential property prices to rebound next year, though unsold inventory looms
Residential property prices in Hong Kong are set to rebound next year thanks in large part to lower interest rates, though a large cache of unsold inventory will keep a cap on gains. “We expect Hong ...
DBS Bank buys entire 75th floor in The Center, extending foray into Hong Kong property market
DBS Group Holdings, Singapore’s biggest lender, is taking advantage of a property slump to expand its business in Hong Kong by picking more office space in what used to be the world’s most expensive ...
Hong Kong home sales surge to 5-month high as easier mortgage rules take effect
Lower mortgage rates lifted home sales in Hong Kong to their highest point in five months in October, reversing a two-month decline, according to Land Registry data. A total of 4,697 new and lived-in ...
Mainland Chinese buyers rush into Hong Kong property amid low prices and rates, high rents
Home purchases by mainland buyers surged 69 per cent in the first nine months of the year, accounting for nearly a quarter of transactions Hong Kong's diverging housing rents and home prices are ...
Singapore opportunities could shine in Hongkong Land’s remaking
SEVEN months into the job, chief executive Michael Smith is stirring things up at Jardine Matheson Group’s 135-year-old Hongkong Land. Read more at The Business Times.
Hong Kong homebuyers give the cold shoulder to New World-led Pavilia Forest II
Pavilia Forest II recorded only one sale as of 5pm on Saturday, while Double Coast I found buyers for 18 units out of 58 flats on offer.
Hong Kong’s third-quarter negative-equity cases jump 34% to a 21-year high of 40,713
Hong Kong’s mortgage borrowers find themselves in increasingly dire straits, as the worth of their property is falling faster than the value of their loans, according to the latest data released by ...