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Tag: Hong Kong

Posted on December 22, 2024

China Property Flare-Ups Resurface as Crisis Enters Fifth Year

One of China’s leading developers is now on authorities’ radar for default risk. A major Hong Kong builder is asking lenders to extend loans. Another industry peer is selling an iconic but largely …

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Posted on December 21, 2024

As Fitch upgrades ratings Sri Lanka claims it has ended debt default

With the decision by the Hong Kong based Fitch Ratings to upgrade Sri Lanka’s credit rating, the island nation has officially ended its debt default, the Finance Ministry said here on Saturday.
Posted on December 21, 2024

The Center skyscraper sale was a Hong Kong blockbuster, now buyers struggle to cash out

Take a look inside The Center, which was the world’s most expensive skyscraper when it was shrewdly sold by the city’s wealthiest man.

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Posted on December 20, 2024

Distressed sales to attract investor attention in Hong Kong next year

Unsold luxury residential units are expected to be the key focus. With the accumulation of unsold inventories across sectors, the overall real estate capital market in Hong Kong has been slow in 2024 …

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Posted on December 19, 2024

‘Property market to pick up next year’

Property consultancy firm Cushman and Wakefield on Thursday said Hong Kong’s property market will start to pick up next year, if the rate-cutting …

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Posted on December 19, 2024

Hong Kong central bank cuts interest rate, tracking US Fed move

THE Hong Kong Monetary Authority (HKMA) on Thursday (Dec 19) cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75 per cent, tracking a move by the US Federal …
Posted on December 19, 2024

Hong Kong central bank cuts interest rate, tracking US Fed move

THE Hong Kong Monetary Authority (HKMA) on Thursday (Dec 19) cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75 per cent, tracking a move by the US Federal …
Posted on December 19, 2024

Hong Kong demand for flexible office space grows as market in Singapore slumps

Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study Demand for flexible office space in Hong Kong grew this year as a three-year …
Posted on December 19, 2024

Hong Kong demand for flexible office space grows as market in Singapore slumps

Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study Demand for flexible office space in Hong Kong grew this year as a three-year …
Posted on December 19, 2024

Hong Kong’s SFC searches finance firms’ offices in Nasdaq listings probe

Nasdaq has become a popular choice for Hong Kong-based small- and medium-sized businesses as the local marketplace, known as GEM, has struggled for years. Local practitioners have pointed to the tight …

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