Total commercial investment volume reached only HK$6.9b in Q3. Despite a q-o-q improvement, Hong Kong’s overall investment market momentum remained low. According to CBRE data, total commercial real …
CK Asset Holdings Weathering Multiple Headwinds In Hong Kong
Summary Hong Kong property developers have been hit by higher rates, weak property markets, and softening conditions in China, but CK Asset has held up better than most. The company’s focus on growing …
China property creditors face worsening restructuring terms as sector recovery hopes sour
By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) – As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are …
China’s finance ministry to issue 16b yuan of treasury bonds in Hong Kong
BEIJING — China’s Ministry of Finance will issue yuan-denominated treasury bonds worth 16 billion yuan ($2.23 billion) in the Hong Kong Special Administrative Region later this month, the ministry …
Analysis-China property creditors face worsening restructuring terms as sector recovery hopes sour
By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) – As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are …
As China’s economy slows, Hong Kong aims to rebuild its international image
Hundreds of executives, diplomats and foreign business chambers congregated at Hong Kong’s landmark M+ art museum over canapés and cocktails last month with a clear mission – reinvigorate appeal for the financial hub.
Hong Kong eyes stronger ties with Thailand to boost its economic growth in Southeast Asia
Thailand and Hong Kong have agreed to promote more business exchanges as Hong Kong seeks more economic opportunities in Southeast Asia.
China’s Country Garden says might not meet all debt obligations
Debt-saddled Chinese property giant Country Garden said Tuesday that it did not expect to meet all of its offshore payment obligations in time as it edges towards a potential default.But in a filing with the Hong Kong Stock Exchange,
Resorts World Cruises adds Vietnam and Philippines to sailings
Resorts World Cruises has added Vietnam and the Philippines to Resorts World One’s five-night cruises itinerary departing from Hong Kong.
Hong Kong gov’t expected to face larger deficit than expected, as finance chief cites weak land sales
The Hong Kong government is expected to face a larger deficit than expected this year, finance minister Paul Chan has said, citing poor land sales amid a struggling property market. Speaking on a Commercial Radio program on Sunday,