U.S. rate increases have tamed inflation at home but caused pain elsewhere Hong Kong’s notoriously expensive property market is often seen as a barometer of the city’s economy. It isn’t looking good.
Hong Kong property: mortgage loans for homes under construction fall to lowest in 17 years as rising interest rates stifle transactions
The number of new mortgage loans on residential properties in Hong Kong has dropped dramatically this year, new figures show, as rising interest rates and economic uncertainty stifle the property …
Hong Kong homeowners slash prices as they race to sell before property values fall further
Homeowners in Hong Kong are offering steep discounts as they race to offload their properties quickly before the market falls further. In a recent case that underscores the trend, a seller in Tai Po …
Jardine company earnings held back by Hong Kong property
A number of Bermudian-listed and domiciled Jardine companies reported earnings on Friday, with strong indicators of post-pandemic recovery somewhat balanced by sizeable investment losses. These …
Barclays Reshuffles Teams as HK CEO, India Banking Head Retire
Barclays Plc is reshuffling its Hong Kong and India teams after the departures of two senior executives, according to internal memos.
John Lee must continue to tackle misconceptions about Hong Kong
Chief executive is right to travel the world to tell the good stories about the city, but the mission to restore our international ties and image will be a long-term one Hong Kong is on the global …
Vietnam’s stock market eyes upgrade, sets strategic dialogue in Hong Kong
Vietnam’s stock market is setting its sights on a promotion from a ‘frontier’ to an ’emerging’ status, launching a strategic dialogue with rating organisations in Hong Kong at the end of August.
Asia’s Richest Families Fuel Race for Lucrative Finance Jobs
On a sweat-laced evening in June, while much of Hong Kong dug into supper, two dozen students snaked their way past ginseng dispensaries and tailor shops to the third floor of an office tower to be …
exclusive | Hong Kong hotels: cash-rich investors can find bargains of up to 30 per cent in ‘hot asset class’
Cash-rich investors are looking to snap up hotels in Hong Kong, taking advantage of discounts of as much as 30 per cent, as a rapid recovery in tourism allows property owners to exit or trim their …
A farewell to a ‘pop diva of a generation’: fans buy bus stop ads as tribute to late Hong Kong singer Coco Lee
Coco broke barriers on the international stage so many more could have that door opened for them,’ late singer’s sister Nancy Lee says.