Public housing wait times in Hong Kong hit 5.6 years
According to a recent government warning, the average waiting time for a public rental flat is on the rise again, hitting 5.6 years.
Real estate
Evergrande’s wealth management unit under investigation
In the latest twist in the Evergrande saga, authorities have detained individuals connected to its money management segment.
Country Garden's creditors approve bond extensions
On Monday, Country Garden had a crucial meeting with its creditors.
Evergrande plunges 79% market value after trading resumes
Late in 2021, a crisis started brewing in China's property market, and Evergrande, a once-powerful real estate player, found itself at the center of the storm
Country Garden's default risk grows with missed interest payments and net loss projections
Country Garden is one of China's biggest property developers. It’s also one of the few private developers that hasn’t defaulted on any debt yet.
Why Hong Kong's office spaces are seeing high vacancy
You know those sky-high office towers that have always been iconic to Hong Kong? Well, they're feeling pretty lonely these days.
Hong Kong's taking more actions to solve its housing crisis
Hong Kong has been dealing with a housing crisis for years.