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Founder Gordon Wu expects to retire in two years after redeveloping Nam Koo Terrace, also known as the Wan Chai Haunted House.
Stock price slumps further as debt issues threaten to spiral into a crisis of confidence.
China’s growing heft in innovative industries is driving partnerships with the UAE, HSBC’s country head says.
‘If you want growth, you have to be in this corridor from the near to the Far East,’ Gulf Capital CEO says at China-UAE summit during Abu Dhabi Finance Week.
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New CEO Huang has to grapple with looming losses on costly projects in a market downturn.
One-off scheme increases loan-to-value ratio of mortgage loans to 80 per cent for those who bought unfinished properties from 2021 to 2023.
The watch maker is sprucing up its showroom in Hong Kong and opening more in Shanghai, Beijing and Taipei, CEO Ilaria Resta says.
Huang’s three-year contract will see her earn HK$984,880 a month; Ma has quit to pursue other personal commitments, NWD says.
‘We will continue seeing financially pressured owners offloading assets until interest rates come down substantially,’ analyst says.
Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million.
Located at 101 King’s Road, near Fortress Hill MTR station, the project offers one-to-three-bedroom flats from 244 sq ft to 434 sq ft.
MTR Corp’s tender for a Tung Chung site follows a senior government official’s call for developers to show faith in Hong Kong’s future.
District falls from third place but is the most expensive shopping destination in Asia-Pacific, according to Cushman & Wakefield.
Bridgewater Associates’ co-CIO Bob Prince paid HK$95 million for a three-bedroom home at St. George’s Mansion in Ho Man Tin.
The project, also called Khuzam Hills, comprises several phases, the first of which is scheduled for delivery in 2026, according to the website of Citic’s partner Rafal.
Bunny Chan, who is a deputy to the National People’s Congress, and Paggy Chan, are the new owners of Twenty One Whitfield.
The seller of the flat is An Zhifu, president of Sichuan-based Fulin Group.
Owners seize upon market optimism amid rate cuts and easing restrictions before a supply glut and uncertain economy derail sentiment.
‘We expect Hong Kong home prices to be up 5 per cent in 2025,’ says Praveen Choudhary of Morgan Stanley.
Companies receive support from city’s Office for Attracting Strategic Enterprises.
The latest purchase from ‘Cassette King’ Chan increases DBS’s ownership to 11 floors in what was once the world’s most expensive tower.
Chen Zhuolin, chairman of Agile Group, sold a second flat in three months as fire-sales continue in city’s property market.
Home purchases by mainland buyers surged 69 per cent in the first nine months of the year, accounting for nearly a quarter of transactions.
Total transactions in Hong Kong’s property market could end the year with the highest volume since 2021, Centaline forecasts.
Lender joins four other foreign banks with right to provide custody services to onshore funds domiciled in mainland China.
In addition, Hong Kong and Saudi market regulators announce a partnership to spur cross-border listings and training.
The jump in cases is ‘no cause for concern’ as the repayment ability of Hong Kong owners remains stable, a local mortgage broker says.
The agricultural property in Australia is three times the size of Hong Kong.
Development costs, poor returns may be holding back developers from URA joint ventures, analysts say.
Hong Kong home foreclosures will remain elevated in fourth quarter: Centaline.
