Hong Kong News

Former Hong Kong Stock Exchange CEO Invests in Luxury Kai Tak Flat for Nearly $6 Million

Former Hong Kong Stock Exchange CEO Charles Li Yuen and his wife invest in a luxury flat at The Knightsbridge in Kai Tak for nearly $6 million, highlighting a trend among financier...

Hong Kong Tops Global Charts Again: The Most Expensive City for Homebuyers in 2025

Hong Kong remains the most expensive city for homebuyers in 2025, with Zurich and Singapore close behind. Despite high property values, quality of life scores are impacted by housi...

Hong Kong's Elite Ho Shung-pun Family Sells Prime Real Estate: A Sign of Changing Times in Luxury Property Market

The Ho Shung-pun family lists a Mong Kok building for $44M after selling seven luxury homes on the Peak, signaling a trend among Hong Kong's elite to offload high-value properties ...

Hong Kong's Elite Sell Off Luxury Properties Amid Market Downturn to Settle Mounting Debts

Hong Kong's wealthy families are offloading luxury properties to settle debts amid a significant downturn in the real estate market, with high-profile sales and expert insights hig...

Hong Kong Surpasses India in Global Share Sales Race for the First Time Since 2021

Hong Kong has emerged as the world's second-largest market for share sales this year, surpassing India for the first time since 2021. Chinese companies like BYD and Xiaomi leverage...

Hong Kong Unveils New Investment Scheme to Attract Global Millionaires and Boost Economy

Hong Kong introduces a new investment scheme offering residency for a HKD30 million investment, aiming to boost the economy by attracting global millionaires. Over 800 applications...

Hong Kong's Unemployment Rate Stays at 3.1%: What's Behind the Stability?

Hong Kong's seasonally adjusted unemployment rate stayed at 3.1% in the September-November period, with the government noting potential sector-specific impacts from global economic...

Hong Kong Luxury Flat Fire Sales: A $16M Loss for Property Tycoon

The chairman of property developer Agile recently sold units in Hamburg Villa, located in the Kowloon Tong district of Hong Kong, at a significant loss. The units were sold for a t...

Luxury Homes in Hong Kong Sold at Steep Discounts as Chinese Tycoons Struggle

Chinese tycoons are selling luxury homes in Hong Kong at steep discounts, with some properties going for less than half their purchase price. This trend is driven by distressed sel...