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Tag: Hong Kong

Posted on June 25, 2023

Hongkongers snap up flats in the Philippines, lured by cheap prices and economic outlook despite rising interest rates

Philippines property investments have drawn hordes of investors from Hong Kong where local conditions remain unfavourable, but rising mortgage rates could dull its allure.
Posted on June 24, 2023

Property sales launch called off at Aruna project in Ap Lei Chau, as Hong Kong developers cut prices for new homes

The first-round sales of Aruna, priced more aggressively than other recent launches, were abruptly called off just hours before it was set to kick off on Saturday.

( read original story …)



Posted on June 24, 2023

Hong Kong property: land parcel for starter homes in Tsuen Wan likely to draw few bids as high interest rates subdue market

These include Business Reporter of the Year and Best Property Market News Reporting at the 7th Business Journalism Awards of The Hang Seng University of Hong Kong, Excellence in Business Reporting at …

( read original story …)



Posted on June 23, 2023

Evergrande’s former CEO puts Hong Kong home on market for $20.4 million

Xia stepped down from the embattled Chinese property developer in July after a probe found he was involved in diverting loans worth $2 billion secured by unit Evergrande Property Services.

( read original story …)



Posted on June 23, 2023

The World’s Empty Office Buildings Have Become a Debt Time Bomb

From San Francisco to Hong Kong, higher interest rates and falling property values are bringing the commercial real estate market to a perilous precipice.

( read original story …)



Posted on June 23, 2023

Hong Kong and India’s quest to regulate crypto a boon for Asia’s Web3 ecosystem

Hong Kong and India are taking different routes towards developing their crypto ecosystems. Hong Kong has established a set of comprehensive regulations for the crypto industry and has made it easier …
Posted on June 23, 2023

Hong Kong and India’s quest to regulate crypto a boon for Asia’s Web3 ecosystem

Hong Kong and India are taking different routes towards developing their crypto ecosystems. Hong Kong has established a set of comprehensive regulations for the crypto industry and has made it easier …
Posted on June 23, 2023

Evergrande’s former CEO puts Hong Kong home on market for $27.6 million

Hui Ka Yan stepped down as CEO last year after a probe found he was involved in diverting loans worth US$2 billion. Read more at straitstimes.com.

( read original story …)



Posted on June 23, 2023

Evergrande’s former CEO puts Hong Kong home on market for US$20.4m

China Evergrande Group’s former CEO Xia Haijun is selling his home in Hong Kong for HK$160 million (RM95.6million), Hong Kong Economic Times …

( read original story …)



Posted on June 22, 2023

Hong Kong must embrace Middle East capital, mainland China culture, to bolster role as financial centre: industry leaders

Amid US-China tensions, government ‘urgently’ needs a Middle East strategy, chairperson of the Chamber of Hong Kong Listed Companies says Finance sector must be boldly ‘capitalistic’ and also hang on …

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