Emperor’s financial struggle mirrors the current state of Hong Kong’s property sector

Emperor’s financial struggle mirrors the current state of Hong Kong’s property sector

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…

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Emperor’s financial struggle mirrors the current state of Hong Kong’s property sector

Emperor’s financial struggle mirrors the current state of Hong Kong’s property sector

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…

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Nicholas Tse fans fume over obstructed views at Hong Kong’s Kai Tak Stadium

Nicholas Tse fans fume over obstructed views at Hong Kong’s Kai Tak Stadium

Hong Kong’s consumer watchdog received 17 complaints regarding obstructed views at Cantopop star Nicholas Tse Ting-fung’s concerts, which began on Thursday night at Kai Tak Stadium, adding to more than 230 already lodged concerning other shows at the same venue. Lawmakers urged event organisers to be more transparent about seat view details when selling tickets…

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