Hong Kong property stocks surged in early trading as the Hong Kong property market is recovering in the first half of the year. The probability of a rate cut by the Federal Reserve in September has risen to a high level.

Hong Kong property stocks are generally up. As of press time, Wharf Real Estate Investment Company Limited (01997) rose 4.62%, reporting at HKD 21.5 per share; Hang Lung Properties Limited (00101) rose 4.33%, reporting at HKD 6.98 per share; CK Asset Holdings Limited (01113) rose 3.83%, reporting at HKD 31.2 per share.

Zhitong Finance22:31 ET

Market Chatter: Apartments at New World Development-Far East Consortium Joint Development Cost Higher

The prices of apartments sold by New World Development (HKG:0017) and Far East Consortium International (HKG:0035) at the former runway of Hong Kong's Kai Tak airport rose 5% from its previous list,

MT NewswiresJul 11 07:46 ET

Hong Kong's Distressed Commercial Real Estate Sales Soar in H1

Distressed commercial real estate sales in Hong Kong surged in the first half to comprise 73% of the total volume, the South China Morning Post reported Tuesday, citing real estate firm CBRE.

MT NewswiresJul 10 04:55 ET

Market Chatter: Hong Kong Office Vacancy Rate Hits New High in June

Hong Kong's office vacancy rate hit a new high of about 17% in the second quarter, with 15 million square feet vacant, The Standard reported Tuesday, citing CBRE.

MT NewswiresJul 9 05:51 ET

Collateralized mortgaging: After the withdrawal of the spice, new Hong Kong people have become a new purchasing power, and it is expected that the price of Hong Kong's entire year will narrow down by 3% to 5%.

According to Cao Deming, the mortgage ratio of new Hong Kong residents has been consistently high, increasing from 18.6% in the first quarter of last year to 29.2% in the second quarter of this year.

Zhitong FinanceJul 8 04:44 ET

[HK Stock Connect] New World Dev (00017) and FE Consort Intl (00035) jointly launch the sale of Phase 1 of Park Yoho Genova Development project.

Jointly developed by New World Development (00017) and F.E. CONSORT INTL. (00035), Kowloon East Harbourshore Oasis I (Phase 1 of Harbourshore Development Project) offers only three unique rooftop units known as "SKYFOREST". The units will be sold by tender. The "SKYFOREST" rooftop units include Unit A on the 29th floor of Tower 5, with a layout of three bedrooms and an area of 512 square feet plus a 369 square feet rooftop; Unit C on the 29th floor of Tower 5, with a layout of three bedrooms and one suite and an area of 560 square feet plus a 394 square feet rooftop; Unit G on the 29th floor of Tower 5, with a layout of two bedrooms plus a study room.

金吾財訊Jul 8 01:34 ET