Hong Kong’s property sales fell by a quarter in May, the latest official data shows, as analysts said the initial exuberance over the lifting of property cooling measures had started to wear off. Some ...
Hong Kong Shares Close Higher, Property Stocks Lead Gains
Hong Kong shares closed higher, supported by property stocks. Analysts see a stronger recovery of property sales in June after a slightly slower decline in May. Longfor Group and China Resources Land ...
Property Stocks Propel Hong Kong Market Amid Regulatory Scrutiny
Hong Kong stocks saw a slight rise driven by property stocks, which advanced 2.3% following optimistic Citi analyst projections. China's shares were mixed due to regulatory scrutiny. Property giant ...
Hong Kong residential transaction volume more than doubled in April
Transactions reached over 8,500 cases during the month. Hong Kong’s residential property market saw a notable rebound in April amid active new project launches by developers at deep discounts, said ...
Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory
The market is cooling after a heated burst of activity following the removal of cooling measures in late February, as high inventory levels and interest rates conspire to restrain sentiment.
Victor Li: HK Property Mkt Has Rigid Demand; No Worry on Cheung Kong Center II Leasing Situation
He believed that there had always been rigid demand in the Hong Kong property market, with still supported long-term development. The factors affecting the property market after the withdrawal of the ...
HKMA: Mortgage Loans Approved in Apr $29B, Up 52.4% MoM
The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for April. The number of mortgage applications increased MoM by 11.7% to 9,629. Mortgage loans approved ...
Hong Kong developer Chinachem names former Link Reit executive as next CEO as Donald Choi sets retirement
Andy Cheung has been an independent non-executive director since 2022 and before that was an executive with Link Reit Choi, who will step down on September 1, describes 'transformation' of Chinachem ...
Asia’s top 4 up-and-coming rental markets that may be challenging traditional property hubs
Bangkok, Ho Chi Minh, Jakarta and Manila are leading the recovery in Asia's rental growth in 2024, according to JLL.
Hong Kong stocks extend losing streak as rising US Treasury yields and China property concerns rattle investors
The Hang Seng Index is heading for a third straight day of losses joining a regional stocks sell-off after poor demand at a US Treasury auction boosted bond yields ...
China’s Property, Tech Stocks Are Falling to Bearish Milestones
The Hang Seng Tech Index rose 26% from an April low, while a Bloomberg Intelligence gauge of property stocks in China and Hong Kong rallied 74%. But they’ve retreated since, signaling that the advance ...
Hong Kong home prices rise 0.3% in April from March
In late February, Hong Kong removed all additional stamp duties for foreign and second home buyers, as well as on those selling flats within two years of buying them, after prices had plunged 20 per ...
Hong Kong property: second-hand prices edge up in April as bargains on new units seduce buyers, analysts say
The second-hand market is facing a lot of competition from the first-hand market, so prices have not had much room to grow,’ Colliers researcher says.
Hong Kong’s rich turn to alternative assets for diversification, returns after stocks and property underperform: survey
Nearly 90 per cent of the high-net-worth investors in Hong Kong intend to increase allocations to alternative assets in pursuit of greater diversification and returns, according to a survey by Endowus ...