Prices of office buildings, shopping malls and other properties have fallen more than 40 per cent from their highs in 2018.
Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Most ...
For decades, Hong Kong’s “big four” property dynasties have been viewed as cash-rich bastions of stability. A crisis of ...
The company said it was aware of market rumours and speculations in relation to its operations, and that it was continuing to ...
(Reuters) - Hong Kong-based property developer New World Development said on Thursday that it continues to carry on business ...
Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...
New World Development is offering to put some of its flagship properties in a collateral package of about HK$119bn (US$15bn) to win over lenders as it seeks financing to avert a liquidity crunch.
We have to improve ourselves and make sure that our offering is relevant,' CEO Weber Lo says Weak consumer confidence in ...
These worrying images show which famous cities around the world could look like if the climate crisis continues unabated and ...
A cantilevering pool and a soaring skybridge are among the distinctive details that characterise this list of upcoming ...
The Bank of China began its operations in Hong Kong and now operates the financial market business through five major trading centres: Beijing, Shanghai, Hong Kong, New York, and London.