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Real estate

Hong Kong public housing

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.
Joey Fung Dec 4, 2023
Evergrande’s wealth management unit under investigation

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.
Joey Fung Sep 18, 2023
Country Garden

Country Garden's creditors approve bond extensions

On Monday, Country Garden had a crucial meeting with its creditors.
Joey Fung Sep 14, 2023
Evergrande stock plunges

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
Joey Fung Aug 30, 2023
Country Garden default

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.
Joey Fung Aug 14, 2023
Hong Kong vacant office spaces

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.
Joey Fung Jun 8, 2023
Hong Kong's taking more actions to solve its housing crisis

Hong Kong's taking more actions to solve its housing crisis

Hong Kong has been dealing with a housing crisis for years.
Vanessa Wolosz Feb 17, 2023

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