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Hong Kong Urban Renewal Authority’s US$1.54 billion bond issue gets strong response

Demand for a HK$12 billion (US$1.54 billion) issuance of senior bonds by Hong Kong’s Urban Renewal Authority (URA) exceeded supply…

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New Business

Hong Kong property buyers willing to forfeit deposits than pay above-market prices

The number of new-home buyers who have forfeited their deposits has jumped by nearly a fifth in the first half…

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New Business

Unit of Chinese developer R&F Properties defaults on US$147 million in interest payments

Chinese developer R&F Properties said a subsidiary missed interest payments on offshore notes in another sign of escalating troubles for…

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New Business

Hong Kong developers keep pricing flats to move amid supply glut, high rates

Hong Kong developers continue to rely on attractive pricing as a strategy to clear their swollen stock as interest-rate cuts…

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