HOW TO PROFIT FROM THE WORLD’S MOST EXPENSIVE MARKET FOR REAL ESTATE — Time to buy property in Hong Kong? Property stocks or physical property? TheStreet.com takes a look at some figures Hong Kong’s leading developers.
CHINA, HONG KONG STOCKS RISE AS FED RATE DECISION ENDS UNCERTAINTY — Hong Kong and China’s stocks rose recently, while the Federal Reserve kept interest rates unchanged. All major sectors gained in Hong Kong and China. — Reuters.com
CHINESE DEVELOPERS ARE SUDDENLY DOMINATING IN HONG KONG — Wealthy Hong Kong families no longer dominate the city’s property market. Times are changing and more mainland Chinese investors are winning land auctions. Chinese bidding is driven by higher profit potential in Hong Kong development vs. the mainland and Hong Kong’s stable and strong currency. — QZ.comNicole Wong
RISING REAL ESTATE STAR: SHENZHEN’S CROSS BORDER TYCOON — Chinese property tycoon Chen Hong Tian, 57, is becoming a major player in Hong Kong’s real estate. Forbes.com takes a look at his investments in the metropolis.
HONG KONG CHIEF PUBLICLY GRILLED OVER HOUSING CONTROVERSY — Hong Kong’s Chief Executive Leung Chun Ying struggled with questions pertaining to the city’s public housing problems. While meeting with reporters, the focus of the questioning was the 2014 decision to scale back public housing in the Yuen Long area. — StraitsTimes.com
HOW LONG WILL HONG KONG’S HOUSING BOOM LAST — EJinsight.com reports that there has been postive momentum in the housing market since bottoming in the first quarter. Prices and transactions have increased, driven by new-home sales and sales of starter homes.