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Tag: Hong Kong

Posted on February 3, 2024

Peak distress: Hong Kong luxury property owners turn to high-interest private loans for relief from liquidity pain

Cash-strapped owners are taking out loans with rates up to 29 per cent, with luxury properties in areas like The Peak and Repulse Bay as collateral Asia-Pacific private credit market has grown 3.5 …

( read original story …)



Posted on February 3, 2024

Number of family offices based in Hong Kong could surpass Singapore ‘in a few more years,’ investment body predicts

InvestHK says city could overtake Singapore for family offices, despite a big gap in numbers between the two jurisdictions at present.
Posted on February 3, 2024

Number of family offices based in Hong Kong could surpass Singapore ‘in a few more years,’ investment body predicts

InvestHK says city could overtake Singapore for family offices, despite a big gap in numbers between the two jurisdictions at present.
Posted on February 3, 2024

Hong Kong’s Rise in AI Adoption Rivals Financial Powerhouses, Study Shows

In a groundbreaking joint report by the Hong Kong Trade Development Council (HKTDC) and PwC, Hong Kong’s formidable strides in AI adoption within the …
Posted on February 3, 2024

Hong Kong’s Rise in AI Adoption Rivals Financial Powerhouses, Study Shows

In a groundbreaking joint report by the Hong Kong Trade Development Council (HKTDC) and PwC, Hong Kong’s formidable strides in AI adoption within the …
Posted on February 3, 2024

China Resources Seeks HK$6 Billion Loan for Hong Kong Site

China Resources Holdings Co. and its property development unit are in talks with some banks in Hong Kong for a potential syndicated loan of around HK$6 billion ($767.4 million) to finance work on a …
Posted on February 2, 2024

Hong Kong ‘Underwater’ Mortgage Levels Hit 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.

( read original story …)



Posted on February 2, 2024

Hong Kong property deals surge to their highest since August as stable interest rates lure buyers

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 …

( read original story …)



Posted on February 1, 2024

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.

( read original story …)



Posted on January 31, 2024

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.

( read original story …)



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