Hong Kong-based property developer New World Development said on Friday it expects to swing to a loss of up to HK$6.80 ...

All 250 units of Hava project, on offer at an average price of HK$10,658 per square foot, were sold out as of 4.30pm.

Total value of residential properties in Hong Kong stood at HK$8.99 trillion (US$1.15 trillion) in January compared with HK$9.5 trillion before the easing The removal of property curbs a year ago has ...

Moody's highlights the potential for higher loan-loss provisions and a tightening of credit lines, particularly for smaller ...

China's property sector has been battling declining demand, with official data on Wednesday indicating that new home prices stalled in January despite continued government efforts to prop up sentiment ...

The developer is suffering from valuation losses on its investment properties and high interest rate payments, analyst say.

The Bank of East Asia (BEA) on Thursday said it has been closely monitoring risks related to its exposure to the Hong Kong ...

New World Development Co., the Hong Kong property developer owned by the billionaire Cheng family, expects to post a net loss ...

Hong Kong plans to crack down on poor-quality subdivided flats are leaving many low-income residents uncertain about their ...

Housing is a sensitive issue in Hong Kong, one of the world's least affordable cities, where the government controls land ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s long-running property market downturn has become a growing threat to its low-tax hub status ...

Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, recorded a surge in credit impairment on commercial ...