Tag Archive | "property"

Hong Kong property sub-index hits 14-month high ahead of earnings

Hong Kong property sub-index hits 14-month high ahead of earnings Shares in smaller rival Hang Lung Properties, whose earnings are also due on Thursday, rose 3 percent after having jumped 20 percent since mid-March. Morgan Stanley this week revised up its forecasts for Hong Kong's home prices this year to a 5 percent … Full News […]

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Strong property gains lift China markets, Hong Kong pares losses

Strong property gains lift China markets, Hong Kong pares losses HONG KONG, July 18 (Reuters) – China shares rose on Friday morning, reversing early losses as property counters surged after soft home price data triggered expectations of more mini-stimulus by local governments. Hong Kong's benchmark index opened … Full News here – Read more on Reuters […]

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Hong Kong's Protests Could Send Its Property Market Into The Worst Slump

Hong Kong's Protests Could Send Its Property Market Into The Worst Slump … Pro-democracy protestors took to the streets of Hong Kong on July 1 marching for universal suffrage (the right to vote) in the 2017 elections. This came on the back of not just an informal referendum on making the 2017 elections more democratic, […]

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Hong Kong shares rise on upbeat data, China propped up by property

Hong Kong shares rise on upbeat data, China propped up by property HONG KONG/SHANGHAI, June 9 (Reuters) – Hong Kong shares gained on Monday, underpinned by optimism over U.S. jobs and China exports data which supported the view of an improving global economy. China shares reversed early losses and ended … Full News here – Read […]

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China stocks fall on weaker property, Hong Kong slips too

China stocks fall on weaker property, Hong Kong slips too HONG KONG, June 4 (Reuters) – China shares sank on Wednesday, led by losses in property counters as investors fretted that soft demand for new homes in the mainland could cut prices and hurt developers. Hong Kong shares slipped from Tuesday's … Full News here – […]

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Hong Kong shares post best month in 2014, property strong

Hong Kong shares post best month in 2014, property strong The China Enterprises Index of the leading offshore Chinese listings in Hong Kong gained 0.6 percent. The two indexes added 4.3 and 4.8 percent, respectively, in May, their best month this year. Property stocks outperformed, bolstered by a drop in U.S … Full News here […]

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Investors Start to Shun Hong Kong, Chinese Property

Investors Start to Shun Hong Kong, Chinese Property HONG KONG—Wealthy investors in Hong Kong and China are parking cash on the sidelines as they turn cool toward the property market, according to two surveys of individual investors. Investor appetite for all asset classes has weakened since the start … Full News here – Read more […]

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Property control measures to stay: CE

Chief Executive CY Leung has urged lawmakers to support the Stamp Duty (Amendment) Bill, adding the Government will not relax its property control measures at this stage.   Speaking at the Legislative Council question and answer session today, Mr Leung said the Government had introduced new stamp duties to stabilise the property market, and the […]

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In Hong Kong, Property Developers Try Discounts

In Hong Kong, Property Developers Try Discounts HONG KONG—Hong Kong's once-sizzling property market has turned so frosty that developers have resorted to discounts and other incentives to lure buyers to new apartment complexes. The new units are still expensive even after the givebacks—some are … Full News here – Read more on Wall Street Journal

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US interest rate rises a big factor in when to relax property market curbs, says Chan Ka-keung

Investors should not expect any easing of measures to cool the property market until a rise in US interest rates. That was the message yesterday from the Secretary for Financial Services and the Treasury, Chan Ka-keung. Full News here – Hong Kong feed

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China stocks fall as property, nickel shares cool; Tencent pushes up Hong Kong

China stocks fall as property, nickel shares cool; Tencent pushes up Hong Kong Hong Kong's main index eked out a rise, lifted by tech heavyweight Tencent Holdings Ltd, which posted better-than-expected first quarter results, while H-shares were weighted down by the energy and telecommunication sectors. At midday, the Hang Seng … Full News here – Read […]

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Property stamp duty concessions fail to impress lawmakers

Lawmakers were unimpressed by a government attempt to appease them with concessions on a deadlocked bill to affirm last year’s doubling of stamp duty, introduced to cool the property market. Full News here – Hong Kong feed

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Property plan to stay

Under the influence of exceptionally low interest rates and abundant liquidity, as well as the tight supply of residential properties, the property market in Hong Kong has shown signs of an irrational state of exuberance over the past few years. Although the rise in residential property prices was temporarily arrested upon the introduction of the […]

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Gov’t property tenancy open

The Government Property Agency is inviting tenders for a three-year retail shop tenancy at Immigration Tower in Wan Chai.   The tender notice, for shop number 1 on the building’s ground floor, was gazetted today. Tender documents are available on the agency’s website.   Interested bidders who wish to inspect the site should call 2594 7654 […]

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Property owner says he would pick up total cost of lawsuit to block June 4 Memorial Museum

One of the property owners opposed to the first June 4 Memorial Museum in a Tsim Sha Tsui building said today he would privately fund all costs for a lawsuit to block the museum. Full News here – Hong Kong feed

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