property market

New Business

Hong Kong’s new home prices sink as SHKP launches at 11-year low in Sai Kung

Hong Kong’s biggest property developer Sun Hung Kai Properties (SHKP) is shocking the city’s housing market by launching new flats…

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New Business

SCMP wins gold at Hang Seng University’s journalism awards with story on real estate slump

South China Morning Post was recognised in the best property reporting category at the 2024 Business Journalism Awards hosted by…

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New Business

New World Development plans sweetening of terms on two loans that it is seeking

New World Development plans to sweeten the terms of two loans it is seeking, using a prized asset that it…

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New Business

China’s home prices drop for 21st straight month as property recovery remains elusive

China’s new-home prices fell for the 21st straight month in February as a recovery continued to elude the key economic…

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New Business

China’s latest plan to boost consumption is ‘most comprehensive’ since 1970s

China’s newly announced consumption action plan is the most comprehensive package of policies for boosting consumer spending that the country…

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New Business

China unveils 30-point toolbox to lift consumption

China has vowed to increase household wealth, boost the stock and property markets and funding for artificial intelligence (AI), under…

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New Business

Wharf swings to 2024 loss as mainland China write-downs add to sales slump, office glut

Wharf (Holdings) swung to a loss last year after the commercial property developer wrote down the value of its projects…

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New Business

Opinion | How will China achieve its 5% growth target?

China has a formidable reputation for meeting its economic growth targets. In each of the past two years, despite challenges,…

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New Business

Opinion | Behind loud headlines, China’s economy is quietly making strides

Recently, some Western media outlets have fixated on a few key challenges within China’s economy: the perceived fragility of the…

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New Business

Hong Kong developer New World plans to launch ‘Front Tower’ office building in Hangzhou

NWD, one of the most indebted developers in Hong Kong, said on Monday that it planned to launch Front Tower,…

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