Advertisement
Advertisement
Yulu Ao
Reporter, Business
Yulu Ao joined SCMP in 2022 as a business reporter. She previously covered business trends across the Greater Bay Area with topics including financial market, healthcare, aviation, etc. She holds a master's degree in journalism from the University of Hong Kong. Before moving to Hong Kong, she interned in different roles at several news agencies in mainland China.
Buyers are attracted to UAE city’s attractive rental yields and golden visa programme.
Tencent advances 2.7 per cent on move to introduce a gifting tool on its WeChat platform; chipmaker SMIC jumps 8.2 per cent.
Federal Reserve’s hawkish forecast for just two rate cuts next year dampens sentiment.
China’s state assets watchdog also included proposals on M&As, market-oriented reforms, information disclosure and stock buy-backs.
Advertisement
Sentiment among traders has been in the doldrums since late last week and gains made from a brief rebound have been erased.
China’s retail sales growth in November misses analysts’ estimates, while property investment slows further.
Bullish signals emerge in hot ‘off-season’ secondary home sales in November, tax incentive in December.
Swire Properties said 94 per cent of the units at a residential project in Shanghai were sold.
Company will square off again with creditors in Hong Kong on January 20 over its debt obligations.
Dozens of politicians including several former chief executives and business leaders honour the real estate and casino magnate.
China Overseas Land and Investment and China Resources Land snap up 263,000-square-metre parcel in Nanshan district.
Macau government officials including Elsie Ao Ieong and Jose Maria da Fonseca Tavares were among those gathered to honour Lui’s life.
Secondary home prices increased 0.62 per cent in October.
Analysts expect momentum to improve further in 2025 as more professionals enter the city and people keep putting off home purchases.
Developer is focused on liability management following a management shake-up in September to steady the ship, chairman Henry Cheng says.
Homeowners will not have to pay value-added tax when reselling their property after two years.
The capital of southern Guangdong province is saddled with 13.2 million square metres of unsold homes, which will require 22 months to clear.
Robust sales in October have depleted supply, with many cities to experience a 20 per cent drop on average in November, research institute says.
Prices across 70 cities fell for the 17th month in October, but at a slower pace, suggesting support measures may be stabilising the market.
Owners seize upon market optimism amid rate cuts and easing restrictions before a supply glut and uncertain economy derail sentiment.
IPO of Chinese auto-parts maker ranks second to Kwai Chung’s 2018 offering as the most coveted by Hong Kong retail investors.
For the first time since 2021, market forces will decide the worth of a plot, as well as the prices of homes built on the site.
Builder controlled by family of billionaire Kwek Leng Beng says move represents its ‘confidence in China’s long-term growth prospects’.
While China’s September stimulus blitz has restored US$4 trillion of value to stock markets, the wealth effect in the property sector is less obvious and immediate.
Average weekly and monthly sales this month have risen substantially versus volumes before Beijing’s September 24 rescue package.
CSRC Chairman Wu Qing solicited feedback from financial specialists and media representatives, according to a readout on the watchdog agency’s website.
Companies experienced a surge in showroom visits during China’s ‘golden week’ holiday earlier this month.
Buyers snapped up more than 300 of 504 new flats across Blue Coast II in Wong Chuk Hang and Cullinan Sky in Kai Tak on Saturday.
New home prices in September fell 6.1 per cent year on year in 70 mainland cities, widening from a 5.7 per cent slump in August.
HKMA allows buyers to borrow up to 70% of a property’s value, with the aim of reviving the market where prices have declined by 6.2% in the year’s first eight months.
