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
Major banks hold rates steady despite Fed action, but some sellers and buyers are already anticipating increases later, agents say.
A Mid-Levels transaction comes on the heels of the family’s commercial divestment, tracking a wider reallocation across the city.
Qatar logistics firm says Chinese businesses need local infrastructure and operating partners as they move into warehousing, fulfilment and sales.
Property is losing its sparkle for next-generation investors who prioritise liquidity, easy succession and higher returns.
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Hong Kong’s biggest developer reported underlying profit of HK$22.85 billion, as the city’s property market continues to recover.
As landlords navigate soft office demand, tech and digital enterprises are stepping in to capitalise on falling rents and more favourable terms.
Framework from Supreme People’s Court aims to end judicial inconsistencies across regions, aid flow of capital for construction continuation.
Pressing owners to repay loans amid falling values while turning away new buyers could prolong wider economic drag, advocacy group says.
Analysts say lower mortgage payments alone may not persuade buyers to jump in while prices remain under pressure.
Distressed 139-unit project has been rebranded as One Edward, as owners seek to move on after death of Lofter founder Carol Chow Pui-yin.
Developer adds to land bank despite pressure on mall rents, as e-commerce and outbound travel reshape Hong Kong’s retail market.
Chinese e-commerce firm builds network of stores and warehouses that analysts say may reduce reliance on footfall for some retailers.
Profit attributable to shareholders rose 160 per cent to 1.72 billion yuan in the six months through June.
Under-pressure owners are cutting prices to exit Hong Kong’s luxury property market, with some homes losing more than HK$100 million in value.
Secondary home prices are the highest in three years, but July short-term trading of those held for less than a year was half the level seen in March.
Developer steps up Hong Kong land bids while shifting Mid-Levels rental project to a potential sale to fund new investments.
The Sterling residential development drew 46,000-plus subscriptions, highlighting appeal of urban locations with strong transport links as housing recovery matures.
The noncore office market remains under pressure, but end users are taking advantage of low prices to buy up cheap office space.
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.
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.
