The Hong Kong Monetary Authority (HKMA) has firmly denied social media rumours that the world’s first offshore yuan-pegged stablecoin has been issued in the city. In a public statement the regulator …
Mandarin Oriental confirms talks on Hong Kong office sale
Mandarin Oriental International Ltd, the Bermudian-registered luxury hotel group listed on the Bermuda Stock Exchange, has confirmed it is in talks to sell part of its office property portfolio in …
Struggling China Vanke To Sell Off Businesses At Popular Ski Resort
Eyeing growth in China’s ski industry, Hong Kong-listed China Travel International Investment has agreed to pay 295 million yuan, or $41 million, to a subsidiary of China Vanke for 100% ownership of …
More affluent buyers to snap up luxury homes amid Hong Kong’s roaring stock market
The pick up in transaction volumes is giving buyers confidence that market prices will go up,’ Habitat Property’s Victoria Allan says.
Hong Kong schools ramp up property investment, leasing as city eyes education hub status
The demand and interest coming from the education segment is bringing some relief to Hong Kong’s struggling commercial real estate sector.
Most powerful storm on earth this year lashes Philippines. Hong Kong, Taiwan and southern China on alert
The strongest storm of the year so far has descended on the northern Philippines with destructive winds and torrential rain, prompting evacuations of thousands of people and preparations in nearby Hong Kong,
Coronado Cays mansion goes for $24M at Hong Kong auction
A mansion in the Coronado Cays went for $24.1 million at a Hong Kong auction last week after years of struggling to find a buyer.
Millions of people moved to safety as China prepares for Super Typhoon Ragasa
Almost two million people have been moved to safety as super typhoon Ragasa heads towards southern China after battering Taiwan, the Philippines and Hong Kong.
Typhoon Ragasa Floods Hong Kong and Hurtles Toward Southern China
One million residents of Guangdong, in southern China, were evacuated. The storm left 14 dead in Taiwan. The authorities in China’s southern Guangdong Province have evacuated more than one million …
Signs of confidence: affluent Hong Kong investors snap up luxury flats as market improves
Affluent Hong Kong investors – from the former CEO of the Hong Kong stock exchange to the chairman of Great Eagle Holdings – have been snapping up residential properties, despite doubts by many …