Property deals in Hong Kong surged in January to their highest since August on stepped-up buying amid expectations of stable interest rates and hopes that a government residency scheme will draw more …
China Market Update: Alibaba Spin-Off As PBOC Steps Up Real Estate Support
Asian equities were mixed overnight, as Hong Kong posted a gain, South Korea outperformed the region, Japan was off, and Australia underperformed the region.
Hong Kong ‘Underwater Mortgage’ Levels Surge to Two-Decade High
Underwater mortgage” levels in Hong Kong surged to a two-decade high amid a prolonged slump in what’s forecast to be one of the world’s worst property markets this year.
Hong Kong Property Tycoon Ronnie Chan Hands Control Of Hang Lung To His Eldest Son
Ronnie Chan will retire as chairman of his family’s Hang Lung Group and its subsidiary Hang Lung Properties and hand over the reins of both companies to his eldest son, Adriel, the Hong Kong-listed …
Hong Kong Court Orders Chinese Property Developer Giant Evergrande To Liquidate – TaiwanPlus News
A Hong Kong court has ordered Chinese property developer Evergrande into liquidation. The collapse comes after the company was unable to reach a deal to restructure its billion-dollar debt.
Order to liquidate property giant China Evergrande is just one step in fixing China’s debt crisis
A Hong Kong court’s order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging o
Court orders liquidation of Chinese property giant Evergrande in landmark moment for industry
A Hong Kong court has ordered indebted property developer China Evergrande Group to liquidate in a landmark ruling that could send ripples across the country’s financial system. Evergrande, once thought to be China’s largest real estate firm,
Why China’s great property bust threatens to backfire on the West
After years of turbulence, Chinese property giant Evergrande was hit with a winding-up order by a judge in Hong Kong on Monday, setting up a multibillion-dollar battle between Western creditors and Chinese authorities.
Dismantling Evergrande exposes Hong Kong-China gap
Taking apart Evergrande will expose a Hong Kong-China schism. The fate of the world’s most indebted property developer has been written on the wall for some time but a Hong Kong court on Monday finally granted the order to liquidate the company founded by Hui Ka Yan.
Hong Kong to allow recognition of some China court rulings
A new law which will allow mainland Chinese courts to enforce their rulings in Hong Kong in commercial and civil cases took effect Monday in the finance hub.The reciprocal arrangement will allow for the two-way recognition of court judgemnts in Hong Kong and China for civil or commercial lawsuits — should the parties apply for it.