Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling sales and shrinking profit margins despite Beijing's attempts to revive the ...
Another 150 family offices express interest in setting up in Hong Kong
Vibrant welcoming city, where art thrives, is part of the attraction compared with regional rivals, says InvestHK director general Alpha Lau About 150 new family offices attracted by innovation and ...
Property tycoon Lee Shau-kee, Henderson founder, dies aged 97
Hong Kong property tycoon Lee Shau-kee, who founded real estate giant Henderson Land Development, has died aged 97.
4 wealth lessons for young people from Hong Kong’s second-richest billionaire Lee Shau Kee
The late property tycoon Lee Shau Kee, known as Hong Kong’s second-richest man, advised young people to choose the right career, work hard, use money to make money, and not marry too soon.
Lee Shau-Kee’s Sons Get Control of $10 Billion Henderson Stake
The two sons of the late Hong Kong billionaire Lee Shau-Kee now control their father’s $10 billion stake in property firm Henderson Land Development Co., according to new filings.
Hong Kong property demand aided by stamp duty cuts, but stocks and interest rates are key
The market's long-term recovery depends on interest rate trends, as homebuyers remain cautious amid the US-China trade war, experts say Hong Kong's residential property market is showing signs of ...
As Hongkong Land’s US$11.5 bil bet on Shanghai takes shape, recycling plans are announced
Smith said HKL plans to recycle US$6 billion by 2027. Out of this US$6 billion, build-to-sell in China is approximately US$2.5 billion, non-core retail in China accounts for US$3 billion, and ...
Hong Kong anti-corruption agency arrests 22 people over HK$2 million mortgage fee fraud
Eighteen bank staff among those alleged of taking bribes from an intermediary to defraud referral fees in mortgage loan applications.
Hong Kong property tycoon Lee Shau-kee dies aged 97
Hong Kong property tycoon Lee Shau-kee, who was once the richest man in Asia, has died at the age of 97. The announcement was made by his property firm Henderson Land Development, of which he was ...
Lee Shau Kee’s Recent Property Purchase Highlights Hong Kong Market’s Strength
In a surprising move that has raised eyebrows in the real estate world, Hong Kong tycoon Lee Shau Kee has made a significant property investment in the Peak area, paying around $233 million for the ...
Hong Kong property firm Gale Well trying to sell US$386 million in assets amid slump
Company is selling commercial properties in Admiralty, Tsim Sha Tsui and Causeway Bay, as well as luxury residential assets Hong Kong property investment firm Gale Well Group is set to offload assets ...
ICBC Asia backs Hong Kong developers with stable loan support amid sector’s challenges
Local subsidiary of China's largest bank has 'zero' non-performing loans from Hong Kong developers and plans to increase home mortgages ICBC (Asia) sees no undue risk in lending to Hong Kong's large ...
How Hong Kong’s property slump is affecting asset values owned by celebrities and tycoons
Macau tycoon Stanley Ho's family is selling a site in Tsim Sha Tsui, while actor Nicholas Tse's shop in Central rented out at a big discount Hong Kong's weakening retail sales and slumping property ...
CK Asset Has Rebounded, But 2025 Still Offers A Lot Of Challenges
CK Asset Holdings' (CHKGF) shares have risen 20% after a fall 2024 dividend cut, outperforming peers. Read why I remain neutral on the stock.