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 …
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 …
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 …
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 …
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.
‘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.
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 …
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 …
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 …
Hong Kong Virtual Asset Exchange Receives SFC Approval-in-Principle to Operate a Digital Asset Trading Platform
Will become the first Hong Kong-incubated digital asset platform to receive Type 1 and Type 7 licensesHONG KONG SAR – Media OutReach – 11 August 2023 – Hong Kong Virtual Asset Exchange (HKVAX) today …