50 h. ago Banks and brokerages’ growing demand for space buoys Hong Kong’s retail property sector

Hong Kong’s banking and finance sector is tipped to lead retail property leasing activity, with massive uptake by firms like Forthright Securities, Futu Holdings and HSBC providing support to landlords struggling through a multi-year real estate slump. Forthright Securities leased three storeys totalling 14,000 sq ft at Golden Centre in Sheung Wan for its first flagship branch in the city, according to CBRE, which facilitated the transaction. “This transaction not only demonstrates Forthright...

Politics

5 d. ago China extends ‘firm’ support to Cuba, urges US to ‘act for regional peace’

China extends ‘firm’ support to Cuba, urges US to ‘act for regional peace’  Anadolu Ajansı

Politics

8 d. ago Hong Kong’s Frederick Ma urges deeper support for special needs education

Frederick Ma Si-hang, Hong Kong Special Schools Council chairman, has urged the public to deepen their support for disabled students in the city at a charity golf event organised by the Hong Kong Special Schools Council to raise awareness for this group. The tournament, held on Friday at the Fanling Golf Club, drew 21 teams of 84 people, including one consisting of players with disabilities. Participants competed to win prizes such as a BYD electric car and tickets to see Cantopop singer Jacky...

Politics

1 week ago China Vanke offshore bondholders face near wipeout in Barclays worst

Offshore bondholders of distressed developer China Vanke could face near-total losses in a worst-case scenario, according to Barclays, underscoring the deepening risks in mainland China’s property sector. In a base-case scenario, bondholders may recover just 10.1 per cent of what they were owed, roughly half what already deeply distressed market prices suggested, the British bank said in a report. However, in a worst-case scenario, assuming lower proceeds from onshore assets and netting out...

Politics

1 week ago Morgan Stanley lifts Hong Kong property to ‘attractive’, with rebound to extend into 2027

Morgan Stanley upgraded Hong Kong’s property sector to “attractive”, noting that an all-round improvement in the city’s economy and a policy-driven recovery will continue to push prices higher this year. The US investment bank forecast home prices to rise around 10 per cent in 2026, with further gains expected in 2027, pointing out that the ongoing rebound marks the start of a new upcycle. “We expect all three sub-segments – Hong Kong residential prices, Central office rents and retail rents –...

Politics

2 w. ago China should intervene more decisively to shore up property market: top party journal

China’s top party journal has called for a stronger package of policies implemented in one go – rather than through “piecemeal-style steps” – to stabilise the country’s struggling property sector, as the market remains vital to the domestic economy and consumer demand. The article published by Qiushi, the Communist Party’s leading theoretical journal, said policymakers should take concrete steps to stabilise the property market, urging them to implement measures that are “aligned with market...

Society

2 w. ago No ‘piecemeal’ steps: Chinese journal urges more support for property sector

No ‘piecemeal’ steps: Chinese journal urges more support for property sector  South China Morning Post

Politics

2 w. ago Trump Wants a Weaker Dollar. Some Chinese Say He Has a Point.

Trump Wants a Weaker Dollar. Some Chinese Say He Has a Point.  The Wall Street Journal

Politics