Wan Chai

New Business

Late casino tycoon Fu Tak-iam’s family buys Hong Kong serviced flats for US$71 million

A company linked to the family of late Macau casino pioneer Fu Tak-iam bought a serviced-apartment property in Hong Kong’s…

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Wheelock’s Wan Chai project sells out in 2 hours amid housing rebound

Wheelock Properties sold all 60 units on offer within two hours at its latest residential project in Wan Chai on…

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New Business

Hong Kong homebuyers flock to Henderson Land project in Wan Chai

Hong Kong homebuyers snapped up new flats at a Henderson Land project in Wan Chai in the latest sign of…

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Hong Kong Olympic fencer Cheung Ka-long buys HK$16 million flat in Sun Hung Kai project

Hong Kong’s Olympic fencing champion Cheung Ka-long has bought a HK$16 million (US$2.05 million) flat in New Territories, joining a…

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Hong Kong virtual insurer Bowtie Life raises US$70 million in third funding round

Bowtie Life Insurance, the city’s first virtual insurer, on Friday said it raised US$70 million in its third funding round…

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From riches to rags: Hong Kong’s veteran property investors grapple with market downturn

Hong Kong’s commercial market declines have left some of the city’s once-prosperous veteran investors struggling financially, with experts expecting distressed…

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Hong Kong retail slump claims another victim as Thai dessert shop deserts

Thai dessert chain After You Dessert Cafe will exit the Hong Kong market, closing its two shops after three years…

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Ant Group executive pays US$10 million for Hong Kong villa, 35% lower than 2022 peak

Hong Kong’s luxury property market continues to witness heavily discounted sales, with buyers taking advantage of depressed prices. A four-bedroom,…

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New Business

Luxury frenzy: rich buyers keep scoring high-end Hong Kong homes at stunning discounts

Celebrities, tycoons and other wealthy investors have been snapping up luxury homes in Hong Kong on the cheap, as the…

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New Business

Chinese Estates CEO, sister sell retail shops in Hong Kong amid market stress

More investors are selling their investment properties in Hong Kong’s key business districts amid a prolonged slump in the commercial…

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