A false claim is doing the rounds on social media platforms stating that the area of properties owned by Waqf Board in India is more than the total land area of Pakistan.
Billionaire Lui Che Woo, Founder Of Macau Casino Operator Galaxy And Property Developer K. Wah, Dies At 95
L ui Che Woo, who founded Macau casino operator Galaxy Entertainment Group and property developer K. Wah International Holdings, has died at the age of 95. Galaxy and K. Wah, which are both listed in …
Macau govt. forecasts 11% increase in GGR to $30B in financial year 2025
Macau’s government has forecast an 11% increase in gross gaming revenue (GGR) for 2025, projecting that the city’s casino industry will generate 240 billion patacas ($29.93 billion) as post-COVID …
China Mobile in Talks to Buy Hong Kong Tower Seized From Tycoon
China Mobile Hong Kong is in talks to buy commercial property in Hong Kong once owned by struggling tycoon Chen Hongtian, according to people familiar with matter.
Hong Kong’s Tycoons Are Selling Trophy Homes at Fire Sale Prices
China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
How Beijing Took Control of Hong Kong’s Financial Hub—and Left the West Behind
The world’s pre-eminent East-meets-West investment hub has become more Chinese as international financial institutions, corporations, and expatriates retreat …
Developers free to make own decisions, John Lee says after Beijing official urges tycoons to take part in gov’t projects
Hong Kong property developers are free to make their own decisions, leader John Lee has said after a top Beijing official called on tycoons to get involved in the government’s infrastructure projects.
Lui Che-woo, Hong Kong property and casino magnate of K. Wah and Galaxy, dies at age 95
Lui Che-woo (pic), who rose from humble beginnings to become one of Asia’s biggest casino magnates, with a portfolio of hotels, resorts and property in Hong Kong and Macau, has died. He was 95.
Hong Kong residential property prices to rebound next year, though unsold inventory looms
Residential property prices in Hong Kong are set to rebound next year thanks in large part to lower interest rates, though a large cache of unsold inventory will keep a cap on gains.
CK Asset: Watch Share Buybacks And Financial Outlook
Read here for an evaluation of CK Asset’s buyback yield and CHKGF’s financial prospects, retaining a Hold rating for CK Asset.