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Tag: Hong Kong

Posted on May 9, 2023

Creditors put tycoon Chen Hongtian’s US$86 million Frank Gehry-designed Hong Kong flat up for sale

The HK$680 million (US$86.72 million) flat in Opus Hong Kong in eastern Mid-Levels has been put up for sale by tender by the receivers, according to a statement by Savills, which said it had been …

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Posted on May 9, 2023

Wealth Summit Latest: Hong Kong’s Property Market Is Rebounding

The Bloomberg Wealth Asia summit returns to Hong Kong after a three-year break, bringing together the region’s leading investors, economists and money managers.

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Posted on May 9, 2023

China Opening Revives Wealth Pipeline to Hong Kong Finance Hub

A welcome sign is emerging in Hong Kong after three years of travel restrictions: lines of mainland Chinese tourists outside the city’s bank branches.
Posted on May 8, 2023

Seized US$892 million Hong Kong commercial property put on sale as tycoon Chen Hongtian fights to reclaim it

One HarbourGate East Tower in Hung Hom has been put on the market for tender sale by its receivers, according to real estate firm Savills The announcement came after Chen Hongtian said on Friday he …

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Posted on May 8, 2023

Hong Kong:Has the Property Market Bottomed Out?

Whilst we acknowledge this fact, we would like to point out that the property market seems to be bottoming out in Hong Kong, which is particularly surprising given the elevated rates environment. In …

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Posted on May 8, 2023

Chinese tycoon’s $1.18 billion Hong Kong tower put on sale by creditors

Hong Kong has seen a rise in properties of Chinese developers going on the market in recent months. Read more at straitstimes.com.

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Posted on May 8, 2023

Chinese tycoon’s US$892m Hong Kong tower put on sale by creditors

A commercial property formerly owned by a Chinese tycoon has been put up for sale by the creditor as a liquidity crunch among mainland real estate entrepreneurs continues.The receiver of the Cheung …

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Posted on May 8, 2023

Shenzhen developers target Hong Kong homebuyers amid weak April sales from local buyers

With borders now open, Shenzhen and other cities in the Greater Bay Area are increasing marketing in Hong Kong to revitalise a weak market Shenzhen developers have been especially keen to attract …

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Posted on May 6, 2023

FedEx (FDX) to Shift Asia Base to Singapore From Hong Kong

FedEx Corp. is planning on moving its Asia-Pacific regional headquarters to Singapore from Hong Kong — another blow to the city’s image as an international business hub.
Posted on May 6, 2023

IFF and HKMA host inaugural high-level conference on multilateralism and globalization in Hong Kong

The International Finance Forum (IFF) together with the Hong Kong Monetary Authority (HKMA) and the Hong Kong Academy of Finance hosted on Friday a major conference on multilateralism and …

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