Hong Kong developers eyeing border project urged to link up with mainland firms

Hong Kong developers eyeing border project urged to link up with mainland firms

Hong Kong’s development minister has suggested that local developers join hands with their mainland Chinese counterparts to take part in the Northern Metropolis border town megaproject using a new approach. Secretary for Development Bernadette Linn Hon-ho said on Saturday that the government was studying proposals submitted by various developers and aimed to put one or…

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

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 sales to continue amid plunging property valuations. In April, receivers took over the luxury detached mansion in Pok Fu Lam where “Cassette King” David Chan Ping-chi and his family had lived since the 1980s, marketing…

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

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 sales to continue amid plunging property valuations. In April, receivers took over the luxury detached mansion in Pok Fu Lam where “Cassette King” David Chan Ping-chi and his family had lived since the 1980s, marketing…

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CK Asset Holdings Ready to Weather Hong Kong's Leasing Market Stress Test - News and Statistics

CK Asset Holdings Ready to Weather Hong Kong’s Leasing Market Stress Test – News and Statistics

May 22, 2025 CK Asset Holdings, a prominent property developer in Hong Kong, is poised to navigate the challenges in the city’s commercial leasing market, as stated by its chairman, Victor Li Tzar-kuoi. According to an article by the South China Morning Post, the company remains financially robust, equipped with resources to handle unexpected events…

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The Urban Renewal Authority may consider issuing more bonds, the organisation’s managing director has said. Photo: Sun Yeung

Hong Kong’s Urban Renewal Authority to weigh bond issuance, borrowing after failed tender

Hong Kong’s cash-strapped Urban Renewal Authority may consider issuing bonds or borrowing more money as it reveals plans to take on a major redevelopment project in Kowloon City on its own after a failed tender in September. The authority’s managing director Wai Chi-sing said it was exploring the “self-initiated approach” to the Kai Tak Road/Sa…

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