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Tag: property

Posted on 20/08/2023

Hong Kong health minister raises concerns over public hospital doctors going private after specialising

Secretary for Health Lo Chung-mau says 'worrying' trend of doctors, many in their 30s, quitting public hospitals for private sector after obtaining specialist qualifications 'The recent trend is that ...

Posted on 18/08/2023

Hong Kong property: developers give land for starter homes in Tsuen Wan the cold shoulder as market struggles with high rates, low demand

Only Grand Ming Group bid on deadline day for the parcel earmarked for 1,950 flats that must be offered as starter units priced at 80 per cent of market value The 'complicated' nature of the project, ...

Posted on 18/08/2023

Evergrande seeks US court nod for $32 bln debt overhaul as China economic fears mount

Embattled developer China Evergrande Group has filed for bankruptcy protection in a U.S. court as part of one of the world's biggest debt restructuring exercises, as anxiety grows over China's ...

Posted on 18/08/2023

Living in a drain, a cage or a ‘coffin’: Hong Kong housing crisis worsens

Luxury properties are always available for those that can pay, but there's an increased demand for luxury on a smaller scale in Hong Kong. This narrow flat is in a new property development in the ...

Posted on 18/08/2023

China’s property giant Evergrande files for bankruptcy protection in Manhattan court

The world's most indebted property developer defaulted in 2021 and announced an offshore debt restructuring program in March.

Posted on 18/08/2023

Open House: Hong Kong Sea View Mansion Eyes Ambitious $281 Million Sale

This story is the first of Bloomberg’s Open House series, featuring some of Hong Kong’s most interesting homes.A developer is seeking to sell a huge mansion in Hong Kong for HK$2.2 billion ...

Posted on 18/08/2023

China Evergrande, the world’s most heavily indebted property developer, just filed for Chapter 15 bankruptcy protection

Evergrande's filing came amid fears of widening economic woes in China as the country's real-estate crisis spreads.

Posted on 18/08/2023

Country Garden: How bad is China’s property crisis?

The debt crisis at Country Garden , China's largest property developer before this year and once considered a financially sound company, has triggered fresh contagion fears just two years after China ...

Posted on 17/08/2023

Explainer-Country Garden: How bad is China’s property crisis?

The debt crisis at Country Garden, China's largest property developer before this year and once considered a financially sound company, has triggered fresh contagion fears just two years after China ...

Posted on 17/08/2023

Hong Kong rental market boosted by Chinese taking up top talent pass visas

AN INFLUX of mainland Chinese taking advantage of a new visa programme to work in Hong Kong is helping buoy rents in the city to the highest level in almost two years, reversing a downward trend that ...

Posted on 17/08/2023

Hong Kong’s Villa Garda III developers rush to the market with sales launch, hot on the heels of CK Asset’s sold-out project

Sino Land, K Wah International and China Merchants Land, the developers behind Villa Garda III housing project in Hong Kong have hastened their sales campaign releasing the first price list at ...

Posted on 15/08/2023

Deal of the Month: HKMC’s infrastructure CLO

The deal marks the HKMC’s first infrastructure financing securitisation. It could act as a catalyst for development of this nascent asset class in Asia, as the region strives to bridge a $1.7 trillion ...

Posted on 15/08/2023

CK Asset strikes while the iron is hot, announces prices for new Coast Line phase flats after blockbuster sales over weekend

Hong Kong property developer CK Asset Holdings has released the price list for the first 50 units at its Coast Line I project just two days after homebuyers snapped up all 626 apartments in Coast Line ...

Posted on 14/08/2023

Hong Kong stocks slide over 2% as property sector sees selloff; Asia markets fall

Asia-Pacific markets largely fell on Monday, led by Hong Kong’s Hang Seng index. The index tumbled more than 2%, dragged by basic materials and consumer cyclical stocks. However, the real estate ...

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