United States

Clare Jim

UPDATE 1-Hong Kong's March home prices rise at fastest pace in 2-1/2 years

Apr 30 2019

HONG KONG, April 30 Prices for private homes in Hong Kong, one of the world's most expensive property markets, rose in March at their fastest pace since September 2016 on strong pent-up demand and improved sentiment.

China developers push land prices up as credit, purchase rules ease

Apr 29 2019

HONG KONG The premiums developers in China pay for land rebounded sharply in the first quarter of 2019 as credit conditions and purchase requirements eased, taking some firms by surprise and prompting caution from others on the pickup in prices.

Hong Kong's CK Asset eyes Avolon, overseas deals in revenue push

Apr 03 2019

HONG KONG Hong Kong property developer CK Asset Holdings is open to bidding for debt-laden HNA Group's stake in Irish aircraft lessor Avolon Holdings if it were put up for sale and is eyeing other overseas deals as it pushes for stable revenue sources.

UPDATE 2-Hong Kong's CK Asset eyes Avolon, overseas deals in revenue push

Apr 02 2019

* Says open to bid for HNA stake in Avolon if put up for sale (Adds CK Asset shares)

HK property developer CK Asset eyes Avolon, overseas assets in revenue push

Apr 02 2019

* Says open to bid for HNA stake in Avolon if put up for sale

China Evergrande says diversification complete, eyes top electric vehicle spot

Mar 26 2019

HONG KONG China Evergrande Group wants to be a big player in the electric vehicle industry because of its potential huge market size worth trillions of yuan, matching the big scale of its real estate business, its chairman said on Tuesday.

UPDATE 1-CK Hutchison says global markets still welcome Chinese deals

Mar 21 2019

HONG KONG, March 21 CK Hutchison Holdings Ltd , the ports-to-telecoms arm of retired billionaire Li Ka-shing, said it does not feel Chinese companies are being barred from M&A opportunities in the global markets, even though its bid in Australia was blocked.

China’s crowded co-working industry turns to services amid funding crunch

Mar 18 2019

HONG KONG/SHANGHAI Co-working space operators in China are shifting their focus from ambitious expansion plans to services such as customizing offices for clients, as rising vacancy rates and tighter financing slow their exponential growth of the past two years.

UPDATE 1-Sun Hung Kai Properties profit slumps on accounting change, sees stable market

Feb 27 2019

HONG KONG, Feb 27 Hong Kong's Sun Hung Kai Properties reported a 31 percent fall in half-year underlying profit, dragged down by a change in accounting standard, and said it expects the property market to be stable in 2019.

Hong Kong's pent-up property demand may herald price rebound

Feb 21 2019

HONG KONG The outlook for Hong Kong's property market, the world's least affordable, has started to firm with some analysts predicting prices could rise as much as 10 percent this year after only a short-lived correction.

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