Hong Kong schools ramp up property investment, leasing as city eyes education hub status

Hong Kong schools ramp up property investment, leasing as city eyes education hub status

Hong Kong’s bid to be an international education hub is spurring investments in the city’s battered commercial property segment, with hotels being converted to student housing and schools becoming a major driver of leasing in the retail sector, according to analysts. So far this year, investors have spent HK$2.6 billion (US$334 million) in the student…

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NWD reports losses for second straight year as CEO says debt reduction efforts yield results

NWD reports losses for second straight year as CEO says debt reduction efforts yield results

New World Development (NWD), controlled by one of Hong Kong’s richest families, reported losses for the second consecutive year even as its CEO assured shareholders that there was no need for “undue concern”. The developer, which has been battling liquidity problems for the past three years, said losses from continuing operations amounted to HK$16.3 billion…

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Exclusive | How low-key Hong Kong entrepreneur, daughter aim to score with Ronaldo museum

Exclusive | How low-key Hong Kong entrepreneur, daughter aim to score with Ronaldo museum

While Hong Kong manufacturers were tackling the havoc caused by US President Donald Trump’s “reciprocal tariffs” earlier this year, Ken Tsoi Wing-sing and his daughter were busy launching a museum dedicated to football superstar Cristiano Ronaldo in the city. Tsoi, chairman of listed firm Star Shine Holdings Group, said in an exclusive interview with the…

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Rare chance for Hongkongers to visit exhibition showcasing Tang dynasty treasures

Rare chance for Hongkongers to visit exhibition showcasing Tang dynasty treasures

Nearly 300 well-preserved exhibits from 28 museums and institutions in mainland China have gone on show in Hong Kong in a rare showcase of the prosperous Tang dynasty (618-907), with new incentives to encourage student visits. Themed “Tang Vogue Beyond the Horizons: A Golden Era of Multicultural Integration and Openness”, the exhibition has been organised…

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