New World Development Co. launched a luxury residential project on the south side of Hong Kong Island at a record low price as the embattled developer aims to accelerate property sales amid debt …
Why Property Giant New World’s Debt Woes Have Hong Kong on Edge
Bankers in Hong Kong are on edge as New World Development Co., one of the city’s top real estate developers, attempts to pull off an HK$87.5 billion ($11.2 billion) refinancing deal by the end of the …
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
HONG KONG (Reuters) -Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger share of the growing offshore Chinese wealth …
Indonesia issues Covid-19 warning over surge in cases in Asia
There has been a rise in Covid-19 cases in Thailand, Malaysia, Singapore and Hong Kong as health officials warn about new strains emerging.
Hong Kong property firm New World’s securities tumble after coupon payments deferred
New World Development, a major Hong Kong property developer, saw its shares and bonds tumble on Monday after announcing it would defer coupon payments on its perpetual bonds, increasing concerns about …
Hong Kong’s New World sees its shares and bonds slide after coupon payments deferred
New World Development, a major Hong Kong property developer, saw its shares and bonds tumble on Monday after announcing it would defer coupon payments scheduled for June on its perpetual bonds, …
China robotaxis, Indian pharma among hedge fund top picks at Sohn Hong Kong
Hedge funds revealed their top investment ideas, ranging from Chinese self-driving taxis, an Indian drug retailer, to a Korean nuclear plant builder, at the annual Sohn investment conference in Hong …
Hong Kong activist challenges China’s Tiananmen taboo from exile in Taiwan
Fu Tong and his wife Elaine To were among the first demonstrators in Hong Kong to be charged with rioting in 2020 after pro-democracy and anti-China protests started in 2019 in the former British …
Deep Dive: Hong Kong’s student housing crisis means non-locals are desperate for flats
Non-local student enrolment is expected to continue increasing amid tensions with the US, Donald Trump’s tightened immigration procedures.
From riches to rags: Hong Kong’s veteran property investors grapple with market downturn
Chan, who owned seven office floors at The Center, sold the last two to Singapore’s DBS Group in September and November for an average price of HK$26,500 per square foot, an over 20 per cent discount …