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22.08.25 - 09:48
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Hang Seng Bank′s CEO buys Tai Hang flat as city′s home prices rise (SCMP)
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The executive director and CEO of Hang Seng Bank has bought a home in Hong Kong's Tai Hang district, joining a growing coterie of financiers on the hunt for high-value residential property that has helped to drive the city's lived-in home prices to a five-month high.
A lived-in flat measuring 1,193 sq ft (110.8 square metres) at Flora Garden was handed over on Wednesday to Diana Ferreira Cesar, according to the Land Registry.
The unit was transacted for HK$26.6 million (US$3.4 million), or......
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21.08.25 - 08:18
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Sun Hung Kai & Co. Reports Strong Interim Results (Bloomberg)
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Hong Kong-listed investment firm Sun Hung Kai & Co. has reported a tenfold increase in first-half profit, with the strong recovery driven by its investment management business. Executive Director and Deputy CEO Tony Edwards says the company plans to invest more in alternatives despite the challenging environment. He speaks exclusively on "Bloomberg: the China Show." (Source: Bloomberg)...
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21.08.25 - 06:00
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Research: Citi Raises HENDERSON LAND's TP to HKD30; Rating Kept Buy (AAStocks)
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HENDERSON LAND (00012.HK)'s interim results demonstrated flexibility in its financial and business operations, Citi commented in its research report. While its property development business faced challenges, its recurring business showed resilience.In addition, HENDERSON LAND distributed stable interim dividends, with the ex......
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21.08.25 - 05:45
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Research: G Sachs Drops HENDERSON LAND TP to $19.3, Keeps Rating at Sell (AAStocks)
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HENDERSON LAND (00012.HK)'s 1H25 EPS were $0.6, down 8% YoY and 11% HoH, according to Goldman Sachs' research report. During the period, pre-tax profit from land resumption amounted to $240 million, compared to $2.5 billion for land resumption and investment property disposal in the same period last year. Excluding one-o......
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20.08.25 - 14:06
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Swire Properties set to start selling its largest residential project in 20 years (SCMP)
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Swire Properties, one of Hong Kong's largest developers, is set to start selling homes in its 850-unit, three-tower project on Hong Kong Island, its largest residential development in 20 years.
The company, one of the city's largest commercial landlords, said it would unveil the price list for the flats, which range from one to three bedrooms with areas from 400 sq ft to 1,400 sq ft, in the coming days. The project is developed jointly by Swire Properties and China Motor Bus Company.
The launch......
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19.08.25 - 05:36
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Hong Kong prime property sees 14% price drop: Knight Frank (SCMP)
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Prime residential prices are cooling globally, with Hong Kong performing the worst, according to the latest study by Knight Frank.
In a survey of 46 cities worldwide, Hong Kong ranked last with a 14.3 per cent decline in prices in the second quarter compared with the same period last year. On a quarterly basis, the city again took the bottom spot with an 11.7 per cent drop.
Average annual growth in housing prices across the nearly four dozen cities slowed to 2.3 per cent in the June quarter,......
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19.08.25 - 01:30
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Singapore office demand soars 12-fold as Hong Kong ′subdued′: Colliers (SCMP)
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Singapore's office leasing activity surged 12-fold in the first six months of the year, topping the Asia-Pacific region, while Hong Kong leasing remained subdued amid a stubborn supply glut, according to a report by Colliers.
Tenants relocating to newly completed premium spaces drove the spike in demand in Singapore, the report said.
The city state, widely deemed Southeast Asia's top finance hub, also saw rents improve by 1.3 per cent to S$12.10 (US$9.42) per square foot per month as of the......
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17.08.25 - 03:36
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Southeast Asian ′smart money′ fishing for ′trophy assets′ in Hong Kong (SCMP)
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Mainland Chinese buyers and “smart money” from Southeast Asia will continue “bottom-fishing for trophy assets” in Hong Kong's luxury property market as prices remain depressed through 2025, according to the director and head of residential sales at Savills.
Capital from Singapore had been flowing to Hong Kong because the Singaporean market had not declined, Thomas See said.
“Some smart money has noticed that prices of real estate in Hong Kong have already fallen by 30 to 40 per cent,” he said,......
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15.08.25 - 10:15
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Full-day Takeaway: HSI Closes at 25,270, Down 249 pts; HSTI Closes at 5,543, Down 32 pts; BABA Down over 3%; JD HEALTH, CSPC PHARMA, CHINAHONGQIAO, BEIGENE, CHINA RES LAND Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 249 pts or 1.0% to 25,270. HSTI dropped 32 pts or 0.6% to 5,543. HSCEI fell 89 pts or 1.0% to 9,039. Market turnover reached $312.69 billion.Active Heavyweights:BABA (09988.HK) closed at $118.1, down 3%CCB (00939.HK) closed at $7.8, down 2.3%MEITUAN (03690.HK) closed at $121.7, down 2.2%XIAOMI (01810.HK) cl......
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15.08.25 - 06:36
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Hong Kong MTR ′Harvesting′ From Property Arm, CEO Says (Bloomberg)
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Jacob Kam, CEO of Hong-Kong listed railway operator MTR, says the company has been getting its infrastructure prepared for bad weather as the city experiences extreme conditions. He also says MTR is at a "harvesting stage" in its property development program, which helped offset losses from recurrent business to help book a 27.5% rise in first-half net profit. He speaks on "Bloomberg: The China Show." (Source: Bloomberg)...
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15.08.25 - 06:36
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Hong Kong developers to offer more than 200 flats amid rate optimism (SCMP)
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Hong Kong developers are selling more than 200 residential units on Friday, taking advantage of improved buying sentiment fuelled by anticipation that interest rates will start to fall as early as next month.
Two projects account for most of the available homes. A consortium led by Sino Land will sell 109 units at Villa Garda II in Tseung Kwan O: 60 units via public sale at prices ranging from HK$25,828 to HK$31,874 per square foot after discounts, plus 49 units via tender.
In Kai Tak, China......
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