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China property

China property
China’s property market has surged in recent years. After prices jumped 25 per cent in 2009 alone, the central government imposed austerity measures, including lending curbs, higher mortgage rates and restrictions on the number of homes each family can buy.
The once popular Peng Chau Cinema closed down almost four decades ago. The site, which currently hosts markets and other community events, is now up for sale. Photo: Peng Chau Cinema
Asian cinema: Hong Kong film

Derelict cinema on scenic Hong Kong island has a US$1 million price tag

Peng Chau Cinema was once a bustling nightspot but has lain virtually empty for almost four decades and is now set to go under the hammer.

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Hong Kong stock market

Swire Pacific posts record first-half profit as investment surges to fresh high

Hong Kong property

The Peninsula Hong Kong and Tokyo set for HK$2.1 billion revamp

China economy

Opinion | How likely is Beijing to walk the talk on boosting consumption?

As long as external demand holds up, policymakers appear relatively untroubled by weakening domestic demand, despite rhetoric to the contrary.

Illustration: Dennis Yip
China's economic recovery

China’s investors snap up prime office space, betting on a property rebound

Commercial properties are changing hands at a much faster rate in Shanghai and other major cities, as investors bet on a market rebound.

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China deflation

The upside of downsizing: Chinese youth head for more affordable small towns

Fast-paced corporate jobs leave Millennials, Gen Z burnt-out and seeking simpler lives with fewer luxuries outside China’s megacities.

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China stock market

From property to portfolios: why Chinese families are walking away from homes

While Chinese families grow cautious, South Korean retail investors use record leverage to chase tech ETFs despite mounting risks.

Property’s share of Chinese household assets dropped to 52 per cent in the first quarter of 2026 from 67 per cent in mid-2021, according to a Goldman Sachs report. Photo: Getty
Hong Kong property

Hang Lung looks beyond luxury amid changing consumer tastes

Record mall rental income was offset by property writedowns and weak offices, while Shanghai’s Plaza 66 aims to grow beyond luxury shopping.

China GDP

China’s debt ratio dips. Why it may not bode well for the economy

Debt-level gains mask private-sector contraction, with government lone growth lever as households deleverage, firms shun borrowing: report.

Banking & finance

Standard Chartered posts 10% profit rise, launches US$1b buy-back

Share price surges on 38 per cent rise in wealth-management revenue, even as Middle East tensions and bad debt temper profit growth.

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Net profit climbed to a record US$3.37 billion, according to Standard Chartered. Photo: Reuters
Hong Kong property

Hong Kong first-half home sales to boost developers’ earnings

Despite the brighter residential market outlook, commercial real estate continues to be weighed down by a lack of demand in non-core areas.

Potential buyers and estate agents line up at the sales office of Sun Hung Kai Properties' Garden Regency at the International Commerce Centre in West Kowloon on July 18. Photo: Edmond So
China consumption

Back in fashion? Burberry sales jump in China amid tech wealth

Burberry and Cartier see sales surge in China, driven by Gen Z and tech wealth, but recovery remains uncertain amid economic challenges.

Hong Kong

Guangdong’s property market has transformed. How can Hong Kong developers adapt?

Hong Kong developers are rethinking their strategies for projects in the Greater Bay Area, as the mainland’s property crisis has changed everything.

China’s private sector

China’s tycoons rein in charitable donations, switch focus to science, education

One major driver of overall decline in corporate donations has been the prolonged slump in country’s real estate sector.

ByteDance founder Zhang Yiming has donated 1.1 billion yuan to projects in his hometown over the past five years. Photo: AFP
China’s private sector

Fifa effect: Hong Kong developers bet on sport fever to keep shoppers spending

Neighbourhood malls to host year-round events encouraging consumers to open their wallets after World Cup mania delivers double-digit gains.

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More than 1,000 soccer fans packed the Olympian City shopping mall in Tai Kok Tsui as they cheered for their teams during the World Cup final match live broadcast between Spain and Argentina. Photo: Sun Yeung
Artificial intelligence

Tech-driven surge: new wealth fuels luxury housing boom in China’s AI stronghold

Landmark deals push Hangzhou’s luxury homes to fresh highs, powered by the country’s newly rich from start-ups and finance.

China consumption

Ikea’s China remodelling: parent firm to sell 8 former retail sites

Sales follow store closures as Swedish furniture retailer focuses on online channels amid sluggish property market, consumer spending.

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Banking & finance

Opinion | Why China is untangling its banks from the property wreckage

Authorities are rewiring financial architecture to address the systemic risk, breaking the deep structural ties between property and banking.

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People look at a property model displayed at the China International Fair for Trade in Services, in Beijing on September 12, 2025. Photo: NurPhoto via Getty Images
Hong Kong property

Luxury housing boom keeps wealthy mainland Chinese buyers at home: report

Shanghai’s high-end market continues to outperform as Hong Kong records fewer HK$100 million-plus deals.

China GDP

China’s slowing economic growth boosts case for stimulus

Upticks in June retail sales and industrial output growth to meet export demand are the bright spots amid a raft of sobering economic indicators.

Shenzhen

China’s first-tier home prices extend 4-month rebound amid market stabilisation

However, only Shanghai recorded a year-on-year increase – of 3.1 per cent – with Beijing, Guangzhou and Shenzhen all down.

Blocks of flats in Shanghai. Photo: JPix/NurPhoto via Getty Images
Tourism

Up Tempo? Hilton hotel brand taps into rising China tourism demand

US hotel operator says new lifestyle brand reflects its belief that the country’s tourism sector will continue to grow.

Hilton executives at the launch ceremony of the Tempo hotel brand in Shanghai on Tuesday. Photo: Handout
China consumption

‘Critical period’: Beijing unveils five-year plan to boost consumption

Policymakers set US$8.85 trillion retail goal for 2030, betting on services, property and cars to anchor growth amid weak demand.

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Hong Kong property

Hong Kong holds world’s costliest-property crown, but quality of life takes hit

Deutsche Bank cuts the financial hub’s quality-of-life standing as soaring expenses squeeze households, and Seoul emerges as a tech-driven regional competitor.

China stock market

5 years after Evergrande, does China’s stock market signal a turnaround?

Domestic A-shares have returned to near-2021 levels as real interest rates decline, though researchers warn a sustained recovery is not yet guaranteed.

High rise buildings in Nanjing, in eastern China’s Jiangsu province, on May 24, 2025. Photo: AFP
Property policies

China’s developers eagerly line up to offer commercial-property Reits

Exchanges receive 19 listing applications after enthusiastic investor reception for first four such trusts.

A person walks past a construction site in Beijing’s Central Business District on July 14, 2024. Photo: Reuters
Mainland China

Expanding AI, chip firms push up rents in Beijing’s hi-tech area

Rents in Zhongguancun edge up slightly as capital’s office market shifts from passive adjustment to structural recovery, Knight Frank says.

China economy

Chinese city ‘sold’ same plot of land 18 times to inflate fiscal revenue

Central Commission for Discipline Inspection says Nanning used tactic to mask budget strains.

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