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Tag: property

Posted on 16/05/2023

Baidu, JD.com lead Hong Kong stocks as famous money manager buys tech and investors bet on more Beijing support

KGI’s head of strategy based in Hong Kong. Investors are betting on supportive government monetary policies, he added. Meanwhile, Moody’s Investors Service has for the first time in about two years ...

Posted on 16/05/2023

Hong Kong resident given life sentence for espionage

Born in May 1945, Leung holds permanent residency in the Hong Kong Special Administration Region and also possesses a United States passport, the court said. According to provisions of the Criminal ...

Posted on 15/05/2023

Hong Kong Mortgage Battle Sees Banks Go Big on Cash Handouts

Fierce competition for new mortgage customers is driving banks in Hong Kong to offer the highest cash rebates in nearly two decades. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote ...

Posted on 15/05/2023

HSBC, Standard Chartered among top Hong Kong banks raising prime rates as HKMA warns of pressure on local funding costs

HSBC led Hong Kong’s biggest banks in raising their lending rates to the highest level since early 2008, following policy rate hikes at home and in the US. Homeowners will face another round of ...

Posted on 13/05/2023

‘Hiding mistress in a golden house’: Hong Kong wife’s conundrum after mainland spy trip to expose ‘cheating’ husband conceals home buying plan

Frequent visits to mainland China by husband of Hong Kong woman prompt her to play detective and tail him on one of his trips Wife's curiosity leads to an unexpected outcome when she discovers it is a ...

Posted on 12/05/2023

Hong Kong tycoon Joseph Lau’s eldest son, Lau Ming-wai, puts two houses on The Peak on sale for almost HK$1 billion (US$127.5 million)

The younger Lau, chairman of Hong Kong-listed developer Chinese Estates Holdings, has appointed Centaline Property Agency to market houses A and D at 31 Barker Road, according to documents seen by the ...

Posted on 12/05/2023

Hong Kong’s Gaw Eyes More Japan Property Deals on TSMC Push

Hong Kong-based private equity firm Gaw Capital Partners is keen on real estate deals in Japan’s western island of Kyushu, citing the opportunity that Taiwan Semiconductor Manufacturing Co. factories ...

Posted on 11/05/2023

Hong Kong Commercial Property Investments Fall 10 Percent in Q1

According to data and analysis by global real estate consulting firm JLL, commercial real estate investment activity in Asia Pacific contracted by 30% year-on-year in the first quarter of 2023.

Posted on 10/05/2023

Property Tycoon’s Frank Gehry Flat Put Up for Sale by Creditors

The fallout from China's crackdown on real-estate debt results in several seized properties in Hong Kong hitting the market.

Posted on 10/05/2023

Expect to see some pressure in Hong Kong’s office market, says property developer

Irene Lee, chairman of Hysan Development, tells CNBC's Christine Tan about her vision for the company's retail business and the outlook for Hong Kong's office market.

Posted on 10/05/2023

Creditors put tycoon Chen Hongtian’s US$86 million Frank Gehry-designed Hong Kong flat up for sale

The HK$680 million (US$86.72 million) flat in Opus Hong Kong in eastern Mid-Levels has been put up for sale by tender by the receivers, according to a statement by Savills, which said it had been ...

Posted on 10/05/2023

Grace period for well-off Hong Kong public housing tenants to move out of flats could be cut under proposal to plug assets, income loophole

Tenants who exceed asset or income limits get a 12-month grace period to move out of their public rental flats and find homes in the private market.

Posted on 08/05/2023

Seized US$892 million Hong Kong commercial property put on sale as tycoon Chen Hongtian fights to reclaim it

One HarbourGate East Tower in Hung Hom has been put on the market for tender sale by its receivers, according to real estate firm Savills The announcement came after Chen Hongtian said on Friday he ...

Posted on 08/05/2023

Hong Kong:Has the Property Market Bottomed Out?

Whilst we acknowledge this fact, we would like to point out that the property market seems to be bottoming out in Hong Kong, which is particularly surprising given the elevated rates environment. In ...

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