Hong Kong stocks fell from a three-week high, led by a retreat in property developers as concerns about debt defaults overshadowed Beijing’s efforts to revive home sales and repair market confidence.
ALERT: Hong Kong Mortgage Corporation US$ 5yr Reg S social bond order book over US$1.5bn (incl US$290m JLM interest)
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Hong Kong stocks slide as China property default risk stays in focus while Sinopharm slides on Hang Seng index debut
Stocks surrender some of the 2.5 per cent rally from Monday as concerns about the property debt crisis at Country Garden keep investors at bay. Sinopharm falls as the stock joins the Hang Seng Index ...
China unit of Hong Kong’s New World reports US$1.37 billion in home sales, among few bright spots in mainland property sector
New World Development sold more than 10 billion yuan (US$1.37 billion) worth of residential projects in mainland China in the first eight months of the year, the company said in a statement on Monday.
Chinese Stocks in Hong Kong Jump After More Property Easing
Chinese stocks listed in Hong Kong advanced on Monday after the nation rolled out further property support measures including lower down payments for homebuyers and looser mortgage rules at major ...
WRAPUP 1-After Country Garden debt deal, focus shifts to China property recovery prospects
By Xie Yu and Carolina Mandl HONG KONG/NEW YORK, Sept 4 (Reuters) - Country Garden's deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($537 million) has brought the ...
Japan’s old abandoned houses, or akiya, draw Hong Kong, foreign buyers looking for a bargain holiday home to let
Lying vacant in mainly rural areas, Japan’s 8 million or so akiya can often be snapped up for a fraction of the price of a new or lived-in property in a housing market that is already cheap compared ...
Hong Kong must ‘revolutionise’ tree-planting methods to ensure public safety, reduce property damage, experts say as second possible storm looms
Experts say government must opt for better quality soil and use more when planting trees in high-density areas to prevent them becoming vulnerable to storms.
‘Too afraid to buy’: China’s slowing economy overshadows property easing moves
Real estate agents have been calling Daisy Wu non-stop to get her to buy an apartment in the southern Chinese city of Shenzhen, but the 28-year-old said she was too worried about the slowing economy ...
Country Garden wins bond extension in relief for China’s property sector
Country Garden has won approval from its creditors to extend payments for an onshore private bond, according to sources and a document seen by Reuters, in a major relief for the embattled Chinese ...
Explainer-Country Garden: How bad are the Chinese property developer’s debt problems?
China is grappling with a slowdown that has rattled global markets, with the spotlight now focused on troubled developer Country Garden's debt crisis in the property sector, which accounts for roughly ...
How Evergrande’s downfall signaled China’s property crisis
Hitting up employees for funds was just one of a number of unusual practices employed by the real-estate empire before it came to the brink of collapse under the weight of hundreds of billions of ...
Country Garden: How bad are Chinese property developer’s debt problems?
China is grappling with a slowdown that has rattled global markets, with the spotlight now focused on troubled developer Country Garden's debt crisis in the property sector, which accounts for roughly ...
Tycoon Chen Hongtian’s seized US$86.7 million Frank Gehry-designed Hong Kong flat sells at 38% discount
Chen bought the 5,154 sq ft flat in the Frank Gehry-designed Opus Hong Kong development for HK$387 million (US$49 million) in 2015 The property was one of three assets seized by creditors earlier this ...