Hong Kong’s Lingnan University has acquired commercial assets in a residential building in New Territories, joining a number of schools and universities that have snapped up real estate assets amid a slump in values. The university bought the shopping arcade, ground floor shops and a car park in the T-Plus residential tower for about HK$120…
Hong Kong’s move to repurpose excess office and hotel spaces to meet the growing housing needs of non-local students will not hurt the city’s tourism capacity, a senior official has said, while experts has warned of possible hurdles. Doris Ho Pui-ling, permanent secretary for development in planning and lands, said on Monday that allowing hotels…
Six public universities in Hong Kong have risen in a global ranking, with the city’s oldest jumping to 11th place and beating two prestigious mainland Chinese institutions. Britain-based education information firm Quacquarelli Symonds (QS) said the city’s new “Study in Hong Kong” brand should help it attract global talent and cement its reputation as a…
In the Year of the Snake, Hong Kong’s property market could see unusual commercial transactions as traditional investors stay on the sidelines while educational and church organisations scoop up assets, according to analysts and deal-makers. Commercial property transactions in the city declined by more than 11 per cent to 3,461 in 2024 from 3,906 in…
China and the United States could face a communication breakdown and risk “fierce confrontation” if Donald Trump ushers in a hawkish team of advisers to oversee the country’s China policy. According to analysts, China does not fear the possibility of an increasingly hardline policy from the new Trump administration and is awaiting the US president-elect’s…