Lai Sun Garment Shareholders to Vote July 12 on Proposed Sale by Unit Lai Sun Development

MT NewswiresJun 24 06:07 ET

Hong Kong Rents Reach Pre-Pandemic Levels on Mainland Demand

BNN BloombergJun 23 20:25 ET

Channels: There are signs that the impact of the withdrawal of hot measures in Hong Kong is slowing down, and it is expected to affect the performance of mortgage and insurance in the third quarter.

According to the report from The Intelligent Finance and Economics App, on June 12th, Cao Deming, the vice president of Jieluo Mortgage Brokerage, stated that the Hong Kong property market saw a brief rebound in transactions after the removal of the stamp duty. Coupled with new buyers gradually moving into properties purchased earlier this year, the demand for new mortgages has significantly increased.

Zhitong FinanceJun 12 01:48 ET

Lai Sun International (00191.HK) and Lai Sun Development (00488.HK): Completed the sale of physical shares in AIA Financial Center

Gelonghui, May 31: Lixin International (00191.HK) and Lai Sun Development (00488.HK) announced that a wholly-owned subsidiary of Lixin Development sold 10% of its shares in Bayshore Development. In accordance with the terms of the sale agreement, the sale was completed on May 31, 2024. As a result, Lai Sun Garment Group and Lai Sun Development Group will each no longer hold any interest in Bayshore Development.

Gelonghui FinanceMay 31 06:59 ET

Ricard Court: Hong Kong property prices rose for two consecutive months, and the increase narrowed markedly in April

The Zhitong Finance App learned that Chen Haichao, head of the research department of Li JiaGe Real Estate, said that Hong Kong property prices rose for two months, reflecting the effect of removing spiciness. However, the increase narrowed significantly in April, dragged down by new listings being sold at low prices, making it difficult for second-hand owners to continue to harden their prices. Some anxious landlords may need to cut prices accordingly, putting pressure on second-hand property prices;

Zhitong FinanceMay 29 03:28 ET

China Property Stocks Rally as More Cities Unveil Rescue Steps

WSJMay 16 02:03 ET