A sell-off in China’s bond market is accelerating, sending futures on ultra-long debt to a four-month low as a bull run in local stocks builds momentum. Futures on 30-year sovereign notes fell as much as 0.7 per cent on Thursday, extending this week’s drop to 1.5 per cent at the low as a gauge of…
Hong Kong has welcomed a new wave of travellers combining business and leisure, who have revitalised the city’s luxury hotel sector, according to Benjamin Vuchot, the executive director and CEO of Hong Kong and Shanghai Hotels (HSH), operator of The Peninsula Hotels. “The opportunity is primarily driven by business trips, but it evolves into leisure…
Hong Kong has welcomed a new wave of travellers combining business and leisure, who have revitalised the city’s luxury hotel sector, according to Benjamin Vuchot, the executive director and CEO of Hong Kong and Shanghai Hotels (HSH), operator of The Peninsula Hotels. “The opportunity is primarily driven by business trips, but it evolves into leisure…
SHANGHAI, July 31, 2025 /PRNewswire/ — Monks, the global, purely digital, data-driven, unitary operating brand of S4Capital plc, is proud to announce the appointment of Danny Lee as Managing Director, Monks Greater China, effective immediately. Danny Lee Appointed Managing Director for Greater China at Monks (PRNewsfoto/Monks) In this role, Lee will work closely with Dixi Chern,…
In a commercial rental market beset by high vacancy rates, many Hong Kong landlords feel stuck between a rock and a hard place: giving tenants a break on rent makes it harder to pay mortgages and threatens asset value, but holding the line on rent runs the risk of driving tenants away. In this difficult…
The decline in Hong Kong’s office rents slowed in the second quarter amid rising leasing demand from finance and law firms, but analysts cautioned this trend was unlikely to substantially benefit landlords as prices are yet to recover. Overall grade A office rents fell 1 per cent quarter on quarter compared with steeper declines in…
Wang Ruoshuo, a 21-year-old student from Hefei, the capital of central Anhui province, is searching for a flat in Hung Hom in southern Kowloon, which is close to her university and the company where she interns. As a first-time renter, however, she has been taken aback by the high prices. Wang and her friends are…
Home » Hotels And Resorts In China » Marriott’s Powerful “Heartbeat of a Destination” Campaign Redefines Luxury Travel Across Hong Kong, Shanghai, Jiuzhaigou, and Greater China Monday, May 26, 2025 The Luxury Group by Marriott International has launched a vibrant new campaign titled “Heartbeat of a Destination,” a compelling storytelling initiative that reimagines luxury travel…
Hong Kong’s retail landlords are extending more rental discounts to their tenants, property agents said, amid a tough operating environment. Japanese supermarket chain Don Don Donki will be keeping its 17,332 sq ft of space across two floors at 100 Queen’s Road Central for HK$900,000 (US$115,456) a month, a 25 per cent reduction from the…
A local pharmacy has emerged as the newest tenant on Russell Street in Causeway Bay, filling the space previously leased by Italian luxury lingerie brand La Perla to take advantage of a 46 per cent slump in rents in one of Hong Kong’s costliest retail strips. Yu Shing, the pharmacy owner, is expected to pay…