Hong Kong Property

Caution among the financial firms and mainland investors could weigh on sales of insurance policies, wealth management products and stock offerings in Hong Kong.
NEWS ANALYSIS

Beijing’s investment clampdown clouds outlook for Hong Kong banks, insurers

Analysts warn of short-term risks to Hong Kong financial sector

The asset up for sale comprises the Sheraton and Four Points by Sheraton Tung Chung and was first put up for sale by Shimao.

Hong Kong’s second-largest hotel risks being seized by banks

Lenders seek receivers for 1,200-room property to speed up sale and recover funds

Brokerage analysts forecast gains of at least 10% for Hong Kong's home prices for 2026.

Hong Kong home prices extend rising streak in April

Mainland Chinese account for more than a quarter of all housing purchases during the month

The shortfall represents about a third of the refinancing for the loan, which is secured against the iconic Sogo department store in shopping district Causeway Bay.

Hong Kong’s Sogo Department store racing to refinance loan: sources

Lifestyle International still needs to nail down HK$2 billion in commitments to meet its target of refinancing HK$6.75 billion outstanding on deal

The negotiations are the latest chapter in the long-running saga of the 11 Skies project, which has become a stumbling block for New World.

New World mulls fee to avoid US$9 billion rent for 11 Skies mall project

The payment will cover some of the developer’s long-term rental obligations with Hong Kong’s Airport Authority

Blackstone has informed New World Development of its decision, ending a protracted year-long negotiation that stalled in recent months.

Blackstone drops US$4 billion New World deal over control clash

Billionaire Chengs might forgo a deal by injecting capital through a rights issue instead

The home transaction volume and value last month were both the highest since April 2024.

Mainland Chinese snap up Hong Kong homes in April, most in 2 years

They favour new homes, with 1,032 of April purchases coming from the primary market

New World is expected to pocket about US$300 million in cash after netting off debt, a source said.

New World weighing sale of stake in US$2 billion HK hotel portfolio: sources

The potential buyers include Aravest, a Sumitomo Mitsui Finance & Leasing-backed real-estate manager

Hong Kong’s property market is reviving after a yearslong slump, with rising rents, home prices, and strong interest in new developments.

Hong Kong property shares rally as Morgan Stanley feeds optimism

The bank raises its estimate for home price growth 12% this year from 10%, and expects another 5% in 2027