Asia real estate and outbound investment news
Li Ka-shing’s CK Asset Holdings posted a 15 percent year-on-year drop in first-half attributable profit to HK$8.6 billion ($1.1 billion) as economic weakness in Hong Kong and mainland China hurt home sales.
The developer controlled by Hong Kong’s richest man… Read More>>
Unexpected enthusiasm leads Mingtiandi’s roundup of real estate news from around the region today as a government auction of a residential site in Hong Kong’s ho-hum market attracts 10 developers. PAG also makes the news with plans to up its… Read More>>
Li Ka-shing’s CK Asset Holdings reported a 2022 profit attributable to shareholders of HK$21.7 billion (now $2.8 billion), up 2 percent from a year earlier, as big-ticket divestments of properties in London and Shanghai buoyed earnings.
Revenue from property sales… Read More>>
Hong Kong’s CK Asset Holdings could be on its way to turning the Harbour Plaza Resort City hotel in the New Territories into a HK$14 billion ($1.78 billion) housing and retail project, having on 7 June submitted an application to… Read More>>
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>>
CK Asset Holdings, which is chaired by the son of Hong Kong’s richest man Li Ka-shing, has reached an agreement to buy British brewery Greene King plc in a deal worth £4.6 billion (HK$43.6 billion), according to a stock exchange… Read More>>
Hong Kong conglomerate CK Asset is proposing to convert a Hong Kong hotel into a 5,000-unit housing estate, the company revealed in a filing with the city’s town planning board.
The listed company controlled by the family of retired tycoon… Read More>>
Victor Li Tzar-kuoi’s CK Asset Holdings is downsizing its Shanghai team by 30 percent, according to reports in the mainland press, which indicate that the Hong Kong-based developer stopped renewing contracts with local employees since February of this year.
The… Read More>>
Victor Li’s CK Asset Holdings has won the tender for a 1.5 million square foot (139,000 square metre) project in Hong Kong’s Wong Chuk Hang area, according to an announcement today by the city’s MTR Corporation, which sold the combined… Read More>>
CK Asset Holdings confirmed today that it will redevelop its Hutchison House office building in Hong Kong as the city’s rising real estate values spur the developer to look for greater returns from the prime location in Central district.
“The… Read More>>
