A Hong Kong court on Monday ordered Chinese real estate developer Evergrande Group — the world’s most heavily indebted property developer — to liquidate its assets.
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 …
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.
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.
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 …
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 …
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 …
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.
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 …
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.