property market

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The View | Hong Kong’s equity market revival helps lift property sector sentiment

Is the tide turning for Hong Kong’s ailing property market? When second-hand home prices are down almost 30 per cent…

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China urged to restore local fiscal capabilities with 30-trillion-yuan debt swap

China should issue 30 trillion yuan (US$4.2 trillion) in treasury bonds to swap local governments’ hidden liabilities to re-energise growth…

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China will boost the yuan’s global reach with new operations centre, PBOC says

China will set up an “international operations centre” for the digital yuan to boost the global influence of the renminbi,…

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China ‘stepping in’ as property concerns mount, but no ‘treading the old path’

Premier Li Qiang’s remarks on further shoring up the property sector and escalating policy support are said to be indicative…

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Cifi creditors approve US$7.9 billion offshore debt restructuring plan

Distressed Chinese developer Cifi Holdings won backing from a majority of creditors for a US$7.9 billion offshore debt revamp, a…

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China’s new home prices stabilise as rate cut, lifeline funding lift market confidence

Home prices in major cities in mainland China stabilised, holding onto recent gains as lower borrowing costs and state-led measures…

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Earthquake jitters sway Thailand’s office market, send tenants scrambling for low-rises

The earthquake that shook Myanmar and Thailand in March has weighed on office property demand in Bangkok, with some tenants…

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China’s long, nagging property market downturn nears stabilisation: analysts

A prolonged downturn in China’s property market is approaching a point of stabilisation, analysts said, as low rates and affordable…

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Why Hong Kong’s interbank rate at 30-month low is a relief for homeowners, companies

Mortgage borrowers and companies are likely to benefit from a sharp fall in the Hong Kong interbank offered rates (Hibor),…

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New Business

HKEX to pay US$812 million for office, retail space in Exchange Square as permanent home

Hong Kong Exchanges & Clearing has agreed to pay HK$6.3 billion (US$812 million) for office floors and retail space in…

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