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Hong Kong property buyers willing to forfeit deposits than pay above-market prices

by Anas Siddiqui
Hong Kong property buyers willing to forfeit deposits than pay above-market prices

The number of new-home buyers who have forfeited their deposits has jumped by nearly a fifth in the first half compared with the whole of last year amid a persistent …

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China ride-hailing ‘hitchhiker’ takes 1,400km trip costing US$390 then flees without paying

by Ron Morgan
China ride-hailing ‘hitchhiker’ takes 1,400km trip costing US0 then flees without paying

The service allows people to share rides to offset the costs. Liu said his journey started at 6pm on May 22 and finished at 7am the following day. The “hitchhiker” …

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Hong Kong property: The Highline’s discount pricing helps sell over 50% of the units

by Anas Siddiqui
Hong Kong property: The Highline’s discount pricing helps sell over 50% of the units

Sales at a new residential project on Hong Kong Island petered out after starting briskly despite the developer pricing the flats 20 per cent cheaper than a property launched in …

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Hotels in China can attract Reit investors with 4% annual returns, or double their current yield, JLL says

by Anas Siddiqui
Hotels in China can attract Reit investors with 4% annual returns, or double their current yield, JLL says

China’s hotel property owners should aim to double their returns to win over investors, before packaging their assets into listed real estate investment trusts or Reits, as the industry enjoys …

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Hong Kong property deals double to near 3-year high as scrapping of cooling measures spurs buying demand

by Anas Siddiqui
Hong Kong property deals double to near 3-year high as scrapping of cooling measures spurs buying demand

Hong Kong’s property transactions came close to a three-year high in April, with 9,880 units changing hands according to official data, as the removal of cooling measures continued to boost …

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Franklin Templeton enables P2P transfers for $380m tokenized treasury fund

by Isaac Wright
Franklin Templeton enables P2P transfers for 0m tokenized treasury fund

Franklin Templeton enables peer-to-peer transfers for its $380 million money market fund via its BENJI token on Stellar and Polygon blockchains. The Franklin OnChain U.S. Government Money Fund (FOBXX) investors …

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Hong Kong property: Homebuyers flock to second flat sale at Henderson Land’s Belgravia Place

by Ron Morgan
Hong Kong property: Homebuyers flock to second flat sale at Henderson Land’s Belgravia Place

Homebuyers flocked to a second round of sales at Henderson Land Development’s Belgravia Place project on Thursday amid expectations that first-hand sales are likely to hit a 40-month high in …

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Hong Kong’s luxury homes market shows signs of life as waves of price discounts entice some bottom fishing

by Anas Siddiqui
Hong Kong’s luxury homes market shows signs of life as waves of price discounts entice some bottom fishing

Hong Kong’s luxury home segment, which has been hit by a wave of deep discounts amid soaring interest rates and macroeconomic turbulence, has shown early signs of stability as bottom …

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Cardinals Release Zach Ertz

by Sam Bailey
Cardinals Release Zach Ertz

As Trey McBride has earned the job of TE1 for the Cardinals, there was speculation about how Zach Ertz would fit in. The answer came Thursday, when the Cardinals officially …

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Hong Kong developers hasten new home sales to clear inventory, but revival seen as limited amid high rates, supply

by Anas Siddiqui
Hong Kong developers hasten new home sales to clear inventory, but revival seen as limited amid high rates, supply

Hong Kong home builders are hastening sales launches to clear inventory amid an uptick in market sentiment after Chief Executive John Lee Ka-chiu announced the relaxation of some stamp duties …

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