Hong Kong homebuyers snapped up new flats on offer on Saturday, fuelling optimism that the bull run in the city’s property market will continue. All 154 units at Sun Hung Kai Properties’ Lime Spark project sold out as of 4.30pm, while 147 homes, or 93 per cent of the 158 flats available at Henderson Land’s…
Hong Kong’s property market is poised for a broad-based recovery as a strong upturn in the residential segment spills over to the struggling office and retail sectors, according to analysts. Morgan Stanley upgraded its forecast for the city’s home prices to a 12 per cent increase this year from 10 per cent previously and anticipated…
Hong Kong’s sales of luxury homes more than doubled in the first quarter from a year earlier, helped by a buoyant stock market and attractively priced assets that drew the attention of wealthy investors including mainland Chinese buyers, according to analysts. The segment was likely to record another increase in the second quarter, they added….
The Hengli refinery, China’s second-largest, has generated hundreds of millions of dollars for Iran’s military, the US Treasury says. Published On 25 Apr 202625 Apr 2026 The United States has sanctioned a Chinese oil refinery for buying hundreds of millions of dollars worth of Iranian oil. Ahead of potential new talks on ending the US-Israeli…
As Chinese President Xi Jinping called for the reopening of the Strait of Hormuz this week, the pragmatic approach Beijing has taken to the US-Israel war on Iran was on full display. Speaking to Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) on the phone on Monday, Xi reiterated China’s support for “all efforts conducive…
Russian Foreign Minister Sergey Lavrov met with top Chinese leadership to discuss the Iran war and other concerns. Published On 15 Apr 202615 Apr 2026 Chinese President Xi Jinping has met with Russian Foreign Minister Sergey Lavrov and pressed for “closer and stronger strategic coordination” between Beijing and Moscow, according to state media. Xi met…
Iran’s paralysis of the Strait of Hormuz has continued to upend global oil and gas markets as the United States-Israeli war on the country enters its second month. After US President Donald Trump pledged to continue aggressive strikes on Iran for another two to three weeks in a speech on Wednesday night, oil prices surged…
US President Donald Trump delays his trip to Beijing due to Iran war while also seeking China’s help to reopen the Strait of Hormuz. Published On 18 Mar 202618 Mar 2026 US President Donald Trump has confirmed he is delaying plans to meet with Chinese President Xi Jinping at the end of the month, as…
During the United States-Israeli war on Iran, Tehran has said the Strait of Hormuz is open to all except the US and its allies. One-fifth of the world’s oil shipments transit through the strait. On March 2, Ebrahim Jabari, a senior adviser to the commander-in-chief of Iran’s Islamic Revolutionary Guard Corps (IRGC) announced that the…
United States President Donald Trump has said “many countries” will dispatch warships to keep the Strait of Hormuz open, without offering details about which states are on board. This comes as the waterway that carries a fifth of global oil and liquefied natural gas remains effectively closed on the 15th day of the US and…