Perpetual dollar bonds sold by several Hong Kong-based companies have recently suffered their largest weekly declines in years, a sign of contagion from China’s property sector woes.Most Read from ...
Dubai’s luxury home prices sizzle while Hong Kong’s fizzle amid supply glut, high interest rates: Knight Frank
Tokyo occupies second place and Manila is third in a quarterly ranking compiled by the property consultancy, while Hong Kong falls one spot to 35th on the list.
Hong Kong Sees Worst Sales of Newly Completed Homes Since 2019
Hong Kong property developers saw the lowest sales since 2019 for new residential units completed as expensive borrowing costs weigh on the market. Builders sold just 55% of apartments completed in ...
Alibaba, Tencent lead Hong Kong stock rebound as market slump to 9-month low deemed excessive
Hong Kong stocks rebounded, paced by Chinese tech leaders including Alibaba Group Holding, as traders deemed the market’s slump this week to a nine-month low as excessive. Investors are too ...
Chinese Developers Owe $137 Million to Hong Kong Property Agency
Several Chinese developers owe more than 1 billion yuan ($137 million) in commission fees to property agency Centaline’s mainland China unit, the Hong Kong company said in a statement.
China disappoints with smaller lending rate cuts
Chinese equities declined after the country’s central bank disappointed market watchers with weaker than expected monetary stimulus.
Hong Kong property: discounts bring relief to ailing sector as thousands queue once more for flats at CK Asset’s Coast Line I in Yau Tong
The developer looked set to shift all 219 units on offer in phase I, according to Sammy Po, CEO of Midland Realty The HK$15,939 per sq ft price tag was slightly higher than the HK$14,668 at last ...
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 ...
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, ...
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 ...
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 ...
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.
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 ...
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.