Developers are offering homebuyers highly-leveraged real estate exposures in their race to offload units and appease banks.
Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP.
Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan was closed.
Hong Kong property developer New World Development said on Monday it had not started any discussions with creditors regarding ...
It was the best first-day performance in four years and a further sign that the three-year slump in IPOs on the Hong Kong stock market is finally over. As at Dec 8, 63 companies, mostly from the ...
Five floors above a bustling market in Hong Kong's Mong Kok district, best known for its iconic neon lights that cast red and blue smudges across the steaming bitumen, Coco Au lives in a ...
Hong Kong last year introduced a two-tier tax system, with income of up to HK$5 million taxed at a maximum of 15 per cent, ...