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Tag: Hong Kong

Posted on August 18, 2023

Hong Kong seaview mansion eyes ambitious $382 million sale

HONG KONG – A developer is seeking to sell a huge mansion in Hong Kong for HK$2.2 billion (S$382 million), a price that would that make the property among the city’s most expensive transactions, at a …

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Posted on August 18, 2023

Questions raised over financial appeal of Hong Kong arts hub’s land use proposal amid weak property market

A proposal by the cash-strapped operator of Hong Kong’s main arts hub to boost its income from development tenders by allowing homes to be sold has sparked questions over the plan’s financial …

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Posted on August 16, 2023

Hong Kong’s Villa Garda III developers rush to the market with sales launch, hot on the heels of CK Asset’s sold-out project

Sino Land, K Wah International and China Merchants Land, the developers behind Villa Garda III housing project in Hong Kong have hastened their sales campaign releasing the first price list at …

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Posted on August 16, 2023

Withdraw property cooling measures to stabilise market, Hong Kong rural body tells leader John Lee

A powerful Hong Kong rural group has called on the government to stabilise the property market by scrapping “spicy measures,” as representatives met Chief Executive John Lee to submit recommendations …

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Posted on August 14, 2023

China’s Deepening Housing Problems Spook Investors

China’s latest property crisis is threatening to spill over into the broader economy, worrying investors and causing a broad market selloff. Chinese stocks fell in Hong Kong and mainland China on …
Posted on August 14, 2023

Hong Kong stocks slide over 2% as property sector sees selloff; Asia markets fall

Asia-Pacific markets largely fell on Monday, led by Hong Kong’s Hang Seng index. The index tumbled more than 2%, dragged by basic materials and consumer cyclical stocks. However, the real estate sector also saw a sell-off, with real estate firm Country Garden Holdings leading losses on the HSI.

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Posted on August 13, 2023

‘Superman’ Tests Hong Kong’s Stressed Property Market

What’s the true value of an apartment or office space in Hong Kong? No one really knows. Property sales, especially in the pre-owned segment, have slowed to a trickle.

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Posted on August 13, 2023

Despite wobbles, the Hong Kong property market remains robust

Rate hikes can’t go on forever, and the time to buy is when the market is down or subdued Say what you like about “Superman” Li Ka-shing, but what he does still commands everyone’s attention. His …

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Posted on August 13, 2023

CK Asset’s history of using discounts to hone its edge, clear inventory to survive Hong Kong’s property market slumps

Tens of thousands of people queued for hours on Saturday to get their hands on something unseen for seven years in Hong Kong: new flats on offer by one of the city’s most renown developers at prices …

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Posted on August 12, 2023

Hong Kong Virtual Asset Exchange Set To Become Third Licensed Operator, Bridging Traditional And Digital Finance

Friday announced it has received in-principle approval from Hong Kong’s Securities and Futures Commission (SFC) to conduct Type 1 and Type 7 regulated activities. This move positions HKVAX as the …

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