Alibaba and Ant bought 301,555 square feet of space in the top 13 floors of the 24-storey building, with parking space for 50 vehicles and signage rights.
Evergrande Property’s Hong Kong IPO meets with lukewarm reception, raises $1.8 bln
Evergrande Property Services Group's Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, sources said, the tepid demand underscoring concerns about the financial health of its ...
Chinese investment in Hong Kong property to carry on rising – CBRE
Investment by mainland Chinese in Hong Kong's property market will keep rising through next year, real estate consultancy CBRE said on Wednesday, noting that investors' interest had moved beyond ...
-U.S. consulate in Hong Kong sells property for $331 mln
The United States consulate in Hong Kong has sold a property used as staff accommodation for HK$2.57 billion ($331 million) via a public tender, a price analysts said was in the low range of estimates ...
From prosperity to debt: How New World Development, led by Hong Kong’s billionaire Cheng family, became warning tale of succession
New World Development, built by the Chengs – one of Hong Kong’s “big four” property dynasties, is now struggling with debt after years under a third-generation heir’s leadership, highlighting the ...
Hong Kong Revises Investor Visa Rules: Lower Residential Threshold, Higher Non-Residential Cap
Hong Kong revises its Capital Investment Entrant Scheme, lowering residential thresholds and raising non-residential caps. What it means for investors.
Hong Kong home prices rise slightly while rents near historic peak amid gradual recovery
Hong Kong’s lived-in home prices rose by 0.14 per cent in August, according to the latest official data, suggesting a gradual recovery in the city’s struggling residential property market.
Hong Kong matches US Fed’s first rate cut of 2025, in boon for mortgage borrowers, economy
Hong Kong’s de facto central bank cut the city’s base rate for the first time this year, bringing down the cost of funding to help reboot businesses and reduce the burden on mortgage borrowers. The ...
HSBC cuts prime lending rate in first relief for borrowers since December
Reduction of 12.5 basis points in funding costs will provide relief for some – but not all – borrowers in the city.
China’s CICC and Hong Kong’s HKMC to Support Infrastructure Financing and Securitization
The Hong Kong Mortgage Corporation Limited signed MoU with China International Capital Corporation Limited (CICC).
Hong Kong property association calls for HK$20 bil support fund
The fund, which could be led by the government or semi-government entities as seed investors, could list on the Hong Kong Stock Exchange in the future, says the association.
Hong Kong property stress spurs call for $3.2 billion support fund
If the situation continues, it will threaten Hong Kong’s standing as an international financial center, an association said. Read more at straitstimes.com. Read more at straitstimes.com.
Hong Kong’s property sector gains as buyers seize discounted offices
Transaction value soared 65% year on year to HK$9.1b in the first half. End-user demand is fuelling Hong Kong’s property sector, as falling prices and fresh government measures spur activity across ...
What are some key policies by Hong Kong’s leaders that have changed the city?
As John Lee prepares to deliver his fourth policy blueprint on Wednesday, the Post looks at the legacy of city leaders over the past 28 years.