After stepping down in 2024 as CEO of his family’s debt-strapped property giant, New World Development, third-generation ...
Hong Kong proposes to spend about HK$4 billion ($512 million) to buy out the owners of homes in a high-rise housing complex ravaged by a ...
Hong Kong’s slumping housing market has received a long-awaited boost from interest-rate cuts and a stock market rally. Sales of both new and used homes jumped in the past couple of weeks, prompting ...
Deep discounts that were offered by developers to reduce unsold inventory may be a thing of the past, analysts say.
Among the notable gainers is the Keswick family, whose net worth shot up by close to 90% to $4.6 billion. Shares of their storied Jardine Matheson Holdings got a lift from a series of M&A deals ...
HONG KONG (Reuters) -Hong Kong's debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by nearly 70% next year amid falling ...
Overall property transactions in the Year of the Snake totalled 87,506 valued at about US$86.8 billion, according to the Land ...
A real estate industry association in Hong Kong is urging the government to set up a HK$20 billion ($2.6 billion) fund to invest in distressed properties to help prevent systemic financial risks. Hong ...
The Hong Kong court has dismissed a petition to liquidate Country Garden, as the property giant successfully restructured its ...
The headquarters economy is powering office and retail recovery, with rising demand, stabilising rents and renewed investor ...
The Rosewood Hong Kong was just named the world’s best hotel, thanks to the scale and intentionality of its approach to luxury hospitality. World’s 50 Best Hotels crowned the Hong Kong property with ...
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