A luxury flat on The Peak in Hong Kong has been burgled, with losses exceeding HK$5 million (US$642,650), including luxury watches and jewellery, the Post has learned. Police received a report from security staff at the Villa Verde residential estate on Guildford Road after a domestic helper discovered signs of forced entry and ransacking inside…
In the second instalment of our two-part series on Hong Kong’s beleaguered property market, analysts explore why this slump is different from past downturns. The first instalment discussed how the resurgence of the city’s stock market as a venue for initial public offerings could boost office uptake and ease developers’ pain. Swiss bank UBS got…
Hong Kong police have arrested two men in connection with the HK$4 million (US$512,820) theft of two luxury Swiss watches in a deal at a bogus repair shop. Police said on Saturday that they received a report from two mainland Chinese watch merchants that two Patek Philippe and Richard Mille watches had been stolen from…
In the second instalment of our two-part series on Hong Kong’s beleaguered property market, analysts explore why this slump is different from past downturns. The first instalment discussed how the resurgence of the city’s stock market as a venue for initial public offerings could boost office uptake and ease developers’ pain. Swiss bank UBS got…
Hong Kong police are investigating a burglary in which luxury goods and cash worth about HK$2.14 million (US$272,610) in total, including 10 Rolex, Cartier and Patek Philippe watches, were stolen from a flat in Tuen Mun. Police said that they received a report at around 1.30am on Tuesday from a man, 28, who discovered the…