Hong Kong & China

Business

Mainland Chinese retailers make their presence felt in Hong Kong

China’s largest coffee chain opens first outlet in the city as it goes up against US rival Starbucks.

24 Dec 2024 - 11:30AMvideocam

International Property

Dubai developers escalate efforts to sell properties to rich Chinese

23 Dec 2024 - 7:00AM

Hong Kong property

Hong Kong outshines Singapore as demand for flexible office space grows: report

19 Dec 2024 - 9:22AM

Business

Hong Kong property

New World Development takes more beating in market as debt crisis lingers

Stock price slumps further as debt issues threaten to spiral into a crisis of confidence.

18 Dec 2024 - 4:19PM

A sign outside the headquarters of New World Development in Hong Kong. Photo: Reuters

China Business

China property

Central Beijing mall put up for sale by Hong Kong developer Parkview

The owner of Parkview Green, locally known as Fang Cao Di, is grappling with high mortgage payments and low occupancy, sources say.

17 Dec 2024 - 2:56PM

Business

Hong Kong property

More Hong Kong shops to close, as retail shifts online

Local beauty brand JaneClare is an example of a firm that is making money online, but still values real-world spaces.

16 Dec 2024 - 9:43AMvideocam

China Business

China property

China’s housing market rout is ending as policy actions revive sales

Bullish signals emerge in hot ‘off-season’ secondary home sales in November, tax incentive in December.

15 Dec 2024 - 10:00AMvideocam

A woman walks past a residential complex in Beijing on January 29, 2024. Photo: AFP

Business

Hong Kong property

Mystery buyer spends HK$150 million for 26 flats in shopping binge

All the flats were acquired in Kai Tak district in projects including Double Coast 1 and Twin Victoria, according to agents.

13 Dec 2024 - 8:45AM

Business

Hong Kong property

Hong Kong home prices: up or down? Experts weigh in with forecasts for 2025

Analysts forecast up to 5 per cent price fall or rise amid oversupply, falling interest rates and improving stock market performance.

12 Dec 2024 - 8:30AM

Business

China property

China property: a tale of rising sales and falling prices in top cities

Too early to conclude China’s real estate sector has bottomed out, Nomura’s chief China economist Lu Ting says.

11 Dec 2024 - 4:30PM

Scale models of residential buildings are displayed at a property fair in Shenzhen, where second-hand homes sales surged to a three-year high last week. Photo: Reuters

China Business

China property

Swire sees robust demand for flats at first mainland China residential project

Swire Properties said 94 per cent of the units at a residential project in Shanghai were sold.

10 Dec 2024 - 3:09PM

A rendering of the Lujiazui Taikoo Yuan Residences. Photo: Swire Properties

Business

Hong Kong property

Even Chow Yun-fat is no match for Hong Kong’s real estate slump

Cutting the price of his home on The Peak, the film star joins other celebrities and tycoons selling high-end homes at a discount.

10 Dec 2024 - 11:07AM

China Business

China property

Country Garden pledges to deliver homes amid restructuring, litigation

Company will square off again with creditors in Hong Kong on January 20 over its debt obligations.

9 Dec 2024 - 3:21PMvideocam

Business

Hong Kong property

New World faces risk of mounting losses amid Hong Kong property slump

New CEO Huang has to grapple with looming losses on costly projects in a market downturn.

9 Dec 2024 - 8:55AM

The New World Tower in Central. The developer is expected to sell two coming residential projects at a loss. Photo: Jelly Tse

Business

Hong Kong property

Hong Kong’s hotel industry faces ‘worrying’ troubles in tax and Trump

A 3 per cent tax on hotel guests on January 1 and looming troubles from the Trump presidency could undermine the city’s tourism sector.

8 Dec 2024 - 4:03PMvideocam

Travellers at the arrival hall of the Hong Kong International Airport in Chek Lap Kok. Photo: Elson Li

Business

Hong Kong property

1 in 6 Hongkongers are eyeing home purchase in next 5 years: HSBC

Around 300,000 households will be in the market, exceeding expected supply, the lender estimates.

6 Dec 2024 - 7:09PM

Business

Hong Kong property

Amid 2025 headwinds, Hong Kong landlords cut rents for Five Guys, global tenants

Analysts say brands with international appeal or unique selling points are driving new demand for retail space in the city.

5 Dec 2024 - 11:05AMvideocam

China Business

Hong Kong property

Farewell to Lui Che-woo: Hong Kong, Macau honour legendary tycoon

Dozens of politicians including several former chief executives and business leaders honour the real estate and casino magnate.

4 Dec 2024 - 8:53PM

Guests arrived at the Hong Kong Funeral Home in North Point for Lui Che-woo’s funeral on 4 December 2024. Photo: Sam Tsang

Business

Hong Kong property

Hong Kong property deals hit 7-month high, but December slowdown looms

Some 7,689 real estate transactions worth US$8.2 billion were completed last month, according to the Land Registry.

3 Dec 2024 - 6:54PMvideocam

China Business

China property

Record Shenzhen land sale is a confidence boost for China’s property market

China Overseas Land and Investment and China Resources Land snap up 263,000-square-metre parcel in Nanshan district.

3 Dec 2024 - 10:37PM

Companies

Hong Kong property

New World CEO Huang has task cut out to set Hong Kong developer’s house in order

Company insider has a solid background, but will have to prove to investors that she is the right person for the job, analysts say.

3 Dec 2024 - 7:30AM

Echo Huang Shaomei has been elevated to CEO of New World Development. Photo: Handout

OPINION

Prof Zhang Jun

Opinion | How China’s fast-transforming economy can avoid painful L-shaped growth

11 Dec 2024 - 2:30PM

Mike Rowse

Opinion | Hong Kong’s small flats will drive international talent elsewhere

20 Oct 2024 - 4:30PM

Dennis Lee

Opinion | How inaction sustains Hong Kong’s plague of subdivided flats

12 Oct 2024 - 11:01AM

Mike Rowse

Opinion | To buy or not to buy in Hong Kong’s volatile property market?

8 Sep 2024 - 4:30PM

Gene Ma,Yu Yongding

Opinion | Why Chinese consumption cannot completely be blamed for global imbalances

24 Jul 2024 - 9:30AM

Ryan Ip,Jason Leung Yeuk-ho

Opinion | Why subsidised home sales are sluggish despite overwhelming demand

1 Jun 2024 - 5:51AM