A unit of mainland conglomerate Poly Group has agreed to provide a HK$70 million ($8.92 million) transitional loan to insolvent Hong Kong construction and real estate firm Hsin Chong Group, as well as to invest at least another HK$1.56 billion… Read More>>
HK Construction Giant Files for Liquidation and More Asia Real Estate Headlines
Economic stress lead’s today’s real estate news from around the region, as an 80-year-old Hong Kong construction company could be up for demolition after missing a $150 million bond payment this week, and mainland China’s oldest investment conglomerate hopes to… Read More>>
Greenland Group Said in Talks to Buy HK’s Hsin Chong and More Asia Real Estate Headlines
Shanghai’s largest developer may be expanding its Hong Kong presence with the purchase of one of the SAR’s oldest construction companies. Also in the news today, the Beijing government seems committed to upping the housing supply in China’s capital and… Read More>>