CK Asset expanded the Coast Line II sale from 254 to 626 flats, and analysts say the low average price of HK$14,686 (US$1,880) per square foot will pressure other developers to cut prices in future launches.
China Property Stocks Lead Hong Kong Market Slump
A cash crunch at China’s largest surviving property developer rattled Hong Kong’s stock market on Tuesday, sending the benchmark Hang Seng Index down 1.8%. Country Garden Holdings said it missed coupon payments that were due Monday on two U.
Billionaire-Backed Fintech Becomes Hong Kong’s Latest Unicorn With $458 Million Round, Baillie Gifford Joins As A New Investor
The funding round, which values the two-year-old startup at $1.7 billion, included participation from Lenovo Capital, Vectr Fintech and Dara Holdings.
Canadian Case Exposes Hong Kong Developer’s Corporate Ties to Chinese Criminal Underworld
Hong Kong property developer Yu Shunhui is known for his philanthropy and real estate deals, but there is a darker side to his business. Reporters have discovered that he is behind a company named …
Exclusive: Credit Suisse Hong Kong investing banking job cuts, targeting 80% staff, start this week- sources
Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid off and the cuts will start from this week, two people with knowledge of the matter said, as part of the bank’s …
HK$17 billion Hong Kong business boost and 4,000 new jobs trumpeted by finance secretary Paul Chan
Paul Chan Mo-po wrote on Sunday in his weekly blog that …
Hong Kong can help bridge the world’s climate funding gap
Readers discuss Hong Kong’s role in transforming global finance, whale watchers and the government’s response to the whale sighting Feel strongly about these letters, or any other aspects of the news?
Hong Kong can help bridge the world’s climate funding gap
Readers discuss Hong Kong’s role in transforming global finance, whale watchers and the government’s response to the whale sighting Feel strongly about these letters, or any other aspects of the news?
Chinese finance ministry issues bonds worth 12b yuan in Hong Kong
The Chinese Ministry of Finance (MOF) issued a total of 12 billion yuan ($1.67 billion) of yuan-dominated bonds in the Hong Kong Special Administration Region (HKSAR) on Wednesday, in a move that …
Chinese finance ministry issues bonds worth 12b yuan in Hong Kong
The Chinese Ministry of Finance (MOF) issued a total of 12 billion yuan ($1.67 billion) of yuan-dominated bonds in the Hong Kong Special Administration Region (HKSAR) on Wednesday, in a move that …