The property conglomerate chaired by the son of Hong Kong’s richest man has warned shareholders to expect a fall in profits for the first half of the year, marking the first time the company has issued a profit warning since… Read More>>
A Singapore developer leads the way in Mingtiandi’s roundup of Asia real estate headlines as the company controlled by billionaire Koh Wee Meng is braving the global downturn to snap up an Aussie hotel project for A$40 million.
In other… Read More>>
Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the Chinese rival to Starbucks has ground out $561 million from a larger-than-expected IPO, making the online to offline coffee chain full of beans.
Leading today’s Hong Kong real estate news, more details have surfaced regarding the proposed vacancy tax, as the city considers collecting the fee on occupied homes via an existing tax channel to save a few bucks.
Also in the headlines,… Read More>>
Hong Kong’s superstar investor may not be quite ready to cede the stage to the next generation, even if he does turn 89 next month.
In battling media reports yesterday, Li Ka-shing appears to be wavering on his retirement plans,… Read More>>
A couple of heavy hitters in Hong Kong are having a less than stellar start to the week. Shenzhen shopkeepers are not happy with tycoon Li Ka-shing and claim they have been cheated by his CK Hutchison Holdings. Meanwhile, elected… Read More>>
In the news today, Hong Kong’s Superman is weakened by kryptonite in its Brexit-form as shares in his affiliates continue to trend downward. Meanwhile Korea’s Lotte Department Store is teaming with Citic Group to enter the Shanghai retail sector and… Read More>>