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Peggy Ye
Reporter, Business
Peggy joined the SCMP in 2025. Previously, she was a staff writer at Nikkei, where she covered Hong Kong business and the Chinese economy. She holds a bachelor's degree in data journalism from Hong Kong Baptist University.
Peggy joined the SCMP in 2025. Previously, she was a staff writer at Nikkei, where she covered Hong Kong business and the Chinese economy. She holds a bachelor's degree in data journalism from Hong Kong Baptist University.
Areas of Expertise:
Property, financial marketsLanguages Spoken:
Cantonese, English, Mandarin
Sale of North Point site that owner spent years assembling highlights challenges of making urban redevelopment pay, even in improving market.
Potential taxation of offshore property income could curb mainland demand, while weaker insurance activity hits decentralised office markets.
‘Our first choice is investment in Hong Kong’s property sector’, while mainland China lacks ‘good opportunities’, chairman says.
Deal for house in One Stanley development adds to string of high-end transactions despite softer overall activity.
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Restaurant chain’s disposal drive shows investors cherry-pick only top-tier assets amid city’s retail property slump, analysts say.
Deal adds to signs of mainland Chinese wealth entering the city’s high-end residential market despite a slowdown in overall activity.
First-half results highlight a widening gap between Central’s office recovery and weaker commercial districts.
No timeline has been set, but the operator says it will minimise disruption while preserving the heritage of its iconic Hong Kong hotel.
Analysts say purchase adds to signs that state-backed buyers from mainland are taking advantage of lower prices for commercial properties.
The high-profile tower initially struggled to lease out space, but is now testing HK$100 per square foot rents amid rising demand for Central offices.
Record mall rental income was offset by property writedowns and weak offices, while Shanghai’s Plaza 66 aims to grow beyond luxury shopping.
Six months after Golomt adopted the technology, 96 per cent of yuan payments moved from Swift to China’s payment system, the bank says.
Housing prices in the city have risen for 13 consecutive months, but analysts expect the market to lose steam amid weaker investor sentiment.
Deal to buy Orchard Road complex from entity owned by Wharf Real Estate Investment is first by developer’s Singapore investment fund.
Regulator action comes amid broader push to strengthen IPO safeguards after rapid market recovery.
The HKMA connects its securities settlement platform with Switzerland’s SIX exchange, while also launching equity post-trade services.
New York-listed firm aims to modernise the city’s opaque wholesale market, which sits at the centre of a vast global network for used devices.
Banking sector scores 2.3 out of 10 on new readiness index as regulator targets full preparedness by 2030.
Site for 1,200 flats, worth at least US$688 million, is part of urban renewal initiative linking Kowloon neighbourhoods to Kai Tak.
Despite the brighter residential market outlook, commercial real estate continues to be weighed down by a lack of demand in non-core areas.
The country’s biggest online travel services provider is accused of abusing its ‘dominant market position’.
Such moves could soon become more common, analysts say, with buyers hunting for discounted prime office space as market sentiment improves.
A record 654 buyers snapped up two or more new properties in the first half of the year, as investors look to cash in on Hong Kong’s rental market.
Competition for student accommodation is intensifying in Hong Kong, with mainland students starting their flat search months earlier than previously.
Neighbourhood malls to host year-round events encouraging consumers to open their wallets after World Cup mania delivers double-digit gains.
Demand in Central and Admiralty is picking up, but vacancies of up to 30 per cent and tight bank lending continue to weigh on noncore areas.
Landlord Sino Group seeking a new tenant for the second-floor shop at China Hong Kong City mall in Tsim Sha Tsui, marketing materials show.
Shanghai’s high-end market continues to outperform as Hong Kong records fewer HK$100 million-plus deals.
Mortgage battle intensifies as lenders raise cash rebates to lure buyers amid Fed rate uncertainty.
