Just over five years ago, residential and commercial real estate prices and rents were hitting record highs. Developers reported robust earnings and had access to cheap financing, boosting their confidence – and that of investors – to spend more on new projects or acquire existing income-generating properties. But this golden era ended abruptly. Social unrest…
Just over five years ago, residential and commercial real estate prices and rents were hitting record highs. Developers reported robust earnings and had access to cheap financing, boosting their confidence – and that of investors – to spend more on new projects or acquire existing income-generating properties. But this golden era ended abruptly. Social unrest…
Neysun Mahboubi is a US expert on Chinese law and director of the Penn Project on the Future of US-China Relations at the University of Pennsylvania. He spoke to the Post shortly after leading a group of Penn students on a 10-day tour of Beijing, Shanghai and Hangzhou in May. The visit included wide-ranging discussions…
US President Donald Trump on Sunday dismissed the importance of aggressive actions linked to Beijing including recent arrests of two Chinese nationals accused of smuggling a dangerous pathogen into the United States, saying “that’s the way the world works”. Trump told Fox News that Washington behaves in a similar way. “You don’t think we do…
For most visitors to Hong Kong, no trip would be complete without a stop at The Peak to take in the city’s sweeping vistas or a walk along the Avenue of Stars to witness the skyline lit up at night. With such glitzy attractions having become synonymous with the city, few people would ever consider…
For most visitors to Hong Kong, no trip would be complete without a stop at The Peak to take in the city’s sweeping vistas or a walk along the Avenue of Stars to witness the skyline lit up at night. With such glitzy attractions having become synonymous with the city, few people would ever consider…
Former Hong Kong leader Leung Chun-ying has urged landlords to lower rents as the city’s commercial property vacancy rate hit a 40-year high and retailers cried foul over being forced to close businesses to stem losses. In his social media post on Thursday, Leung pointed to the rate of vacant commercial buildings in the city,…
A Hong Kong court has sentenced a mother to nine months of inpatient psychiatric treatment at a prison facility after she admitted to killing her son when she attempted suicide three years ago. The High Court on Tuesday adopted two psychiatrists’ recommendations to send homemaker Stephanie Tam Wai-man to Siu Lam Psychiatric Centre in Tuen…
The University of Hong Kong (HKU) is not about to “take advantage” of international students and scholars facing difficulties in the United States but it will just focus on welcoming and nurturing talent, its head has said, revealing it was handling over 100 transfer applications. Vice-chancellor Xiang Zhang, a renowned scientist, told the Post that…
Aristo Sham Ching-tao, the first pianist from Hong Kong to win the gold medal in the Van Cliburn Piano Competition, has expressed his gratitude for the overwhelming support he received from the city following his victory in one of the world’s toughest and most prestigious music competitions. Speaking from New York, Sham said: “I am…