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Tag: Hong Kong

Posted on January 22, 2024

Hong Kong Peak Mansion Sold at 30% Discount for $107 Million

A Chinese billionaire snapped up a luxury property on Hong Kong’s Victoria Peak for a discount of more than 30%, seizing an opportunity amid the city’s unprecedented real estate downturn. The mansion …

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Posted on January 22, 2024

Luxury Hong Kong mansion on The Peak sells at 35% discount for US$107 million to company linked to Mindray founder

The two-storey, 11,687 sq ft detached house on Lugard Road went on sale in October and was valued at HK$1.3 billion (US$166 million).

( read original story …)



Posted on January 22, 2024

Scrap Hong Kong’s ‘outdated’ property cooling measures and refrain from introducing new taxes, pro-business groups urge finance chief Paul Chan

Pro-business parties and politicians have urged the Hong Kong government to scrap all property cooling measures and refrain from introducing any new taxes in their recommendations to the finance chief …

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Posted on January 22, 2024

Hong Kong urged to match Singapore in green and sustainable financing subsidies to help revive debt offerings

With both Hong Kong and Singapore scaling up sustainable finance in the region, the former is expected to retain its position as the “superconnector” and largest venue for China’s offshore sustainable …
Posted on January 22, 2024

Hong Kong urged to match Singapore in green and sustainable financing subsidies to help revive debt offerings

With both Hong Kong and Singapore scaling up sustainable finance in the region, the former is expected to retain its position as the “superconnector” and largest venue for China’s offshore sustainable …
Posted on January 21, 2024

Mainland Chinese buyers return to Hong Kong’s luxury property market amid signs of a pickup in activity

Hong Kong’s luxury property prices fell by around 8 per cent in 2023, and 15 per cent from the peak in July 2018, according to CBRE. A total of 173 deals involving units priced at US$10 million or …

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Posted on January 21, 2024

Talks with Guangdong province on permanent cross-border checks system as Hong Kong cracks down on public housing tenants who own homes elsewhere

Crackdown on public housing cheats launched last October and Secretary for Housing Winnie Ho said moves under way to set up permanent investigation system.

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Posted on January 19, 2024

Cartier-owner Richemont’s earnings may show the bright spot that luxury companies have been waiting for—demand from Chinese shoppers

China’s lackluster economic recovery following the peak of the COVID-19 pandemic, caused in part by of a property market crisis that roiled … a 25% sales growth in mainland China, Hong Kong and …

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Posted on January 19, 2024

Vietnam vs. Indonesia: AFC Asian Cup 2024 live stream, how to watch, TV schedule, standings, dates, times

Vietnam vs. Indonesia, 9:30 a.m. ( Paramount+) Hong Kong vs. Iran, 12:30 p.m. ( Paramount+) Saturday, Jan. 20 Jordan vs. South Korea, 6:30 a.m. ( CBS Sports Golazo Network) Bahrain vs. Malaysia, 9:30 …
Posted on January 18, 2024

Investment in Hong Kong property set for turnaround in 2024 after hitting 15-year low last year, Colliers says

Investment in Hong Kong property fell by 28 per cent to HK$37 billion (US$4.73 billion) last year, its lowest level since the 2008 financial crisis, but is expected to rise to HK$50 billion in 2024, …

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