Three of Hong Kong’s biggest developers – Sun Hung Kai Properties (SHKP), CK Asset Holdings and Henderson Land – are expected to dominate the housing market, as homebuyers increasingly prefer smaller flats amid economic jitters, according to JLL. The trio were set to deliver 60 per cent of new residential units in 2025 and 2026,…
A report by prosecutors in China’s eastern province of Zhejiang has shed light on how entrepreneurs and private businesses can fall prey to the abuse of power by police. The report highlights a case dating back to May of last year, when two officials from the public security bureau of an unnamed province began extorting…
Ahead of his policy address on Wednesday, Hong Kong Chief Executive John Lee Ka-chiu has been consulting the community on the best way forward to improve the economy and people’s livelihood. The consultations also underline growing public expectations on the administration to explore new avenues of growth under the national development framework and resolve the…
Asia-Pacific’s private capital sector could get support from Chinese government stimulus as well as greater development of other financial markets in the region, according to data provider Preqin. China’s contribution to the region’s market for private capital has tumbled significantly in recent years, but stimulus measures and reforms from Beijing could spark a turnaround, said…