A benchmark Hong Kong interbank offered rate has weakened to a 30-month low after the city’s de facto central bank intervened in the currency market, with analysts expecting lower borrowing costs to boost home sales and fortify property developers’ bottom… Read More>>
New World’s Henry Cheng Still in the Saddle and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the chairman of property giant New World Development has shrugged off rumours of his imminent retirement, after the 71-year-old tycoon was said to have suffered a stroke. Also in the headlines, the city’s… Read More>>
Brawling Brokers Rebuked and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, city authorities have warned property agents against violence after two brawls broke out between brokers competing for clients in the last few days. And today’s coverage shows the breadth of Hong Kong’s space… Read More>>