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Tag: Hong Kong

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 …

( read original story …)



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.

( read original story …)



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 …

( read original story …)



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 …
Posted on May 6, 2023

A New Bill to Protect Indonesia’s Domestic Workers Leaves Two Million Staff Exposed

Indonesia is the largest democracy in the world without a law to protect its domestic workers. That may be about to change, with a bill that also paves the way to better rights for millions of Indonesians in places such as Hong Kong and Singapore.
Posted on May 5, 2023

Chinese tycoon Chen Hongtian in talks with banks to resolve ‘mild’ mortgage defaults on Hong Kong property worth US$127 million

Chinese tycoon Chen Hongtian is in discussions with lenders to retrieve assets worth HK$10 billion (US$127 million) after a ‘short-term liquidity issue’ forced him to miss mortgage payments.

( read original story …)



Posted on May 5, 2023

Why China’s Delegate to King Charles’ Coronation Is Causing Controversy

China’s Vice President Han Zheng, who played a leading role in Beijing’s crackdown on civil liberties in former British colony Hong Kong, is set to attend the royal ceremony in the U.K.
Posted on May 5, 2023

China Embarrasses King Charles

The monarch welcomes the man who repudiated the Sino-British treaty over Hong Kong.

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