Hong Kong’s ‘Emperor’s Home’ penthouse sold at steep discount as distressed tycoons divest

Hong Kong’s ‘Emperor’s Home’ penthouse sold at steep discount as distressed tycoons divest

[South China Morning Post] - 11/28/2024

‘We will continue seeing financially pressured owners offloading assets until interest rates come down substantially,’ analyst says.



        e-mail

In Hong Kong newspapers

Hong Kong marks historic launch of 3-runway system, John Lee urges airlines to boost flights
City leader says aviation capacity must ‘soar’, but challenges remain for carriers as long-haul market recovery (…)
[South China Morning Post] - 28/11/2024
Hong Kong’s Jimmy Lai admits meetings with Pence, Pompeo ‘kind of’ lobbying
Ex-owner of Apple Daily says he supported sanctions against officials who ‘suppressed Hong Kong’ but not those (…)
[South China Morning Post] - 28/11/2024
Hong Kong police arrest 3 suspects in crackdown on pickpocketing syndicate
Trio made up of two men and woman worked as team and stole HK$70,000 from elderly man and 200,000 Japanese yen from (…)
[South China Morning Post] - 28/11/2024
Why Hong Kong authorities lobby major firms to pledge support for Northern Metropolis
Beijing’s point man on Hong Kong affairs earlier urged business leaders to ‘recognise their responsibilities’ and (…)
[South China Morning Post] - 28/11/2024
China says military official Miao Hua suspended and under investigation, but denies reports of Dong Jun’s removal
By Ludovic Ehret and Oliver Hotham A top Chinese military official has been removed from office and is suspected of (…)
[HKFP] - 28/11/2024
Ocean Park sees deficit despite visitor, income surge
Ocean Park has recorded a deficit of more than HK$71 million for the financial year ending in June, despite revenue (…)
[RTHK] - 28/11/2024
Hong Kong offers grants to boost tokenised bond issuance in goal to become crypto hub
The city’s de facto central bank is handing out up to HK$2.5 million in subsidies per issuance to qualified (…)
[South China Morning Post] - 28/11/2024
Risks to global economy loom large under Trump but Hong Kong has what it takes: Paul Chan
Finance chief says Hong Kong and rest of region facing increasing fragmentation of world economy.
[South China Morning Post] - 28/11/2024
Chinese EVs are poised to push out to global markets, using Hong Kong as a stepping stone
Hong Kong ‘can act as a two-way gateway for Chinese EV makers to go overseas and bring in new technologies’.
[South China Morning Post] - 28/11/2024
HK restaurants urged to get Halal certification
The Tourism Board and certification authorities are encouraging restaurants, hotels and attractions to enhance their (…)
[RTHK] - 28/11/2024
Man arrested for suspected arson in Tsuen Wan
Police said a 75-year-old man has been arrested on Thursday in connection with a fire that broke out along a road in (…)
[RTHK] - 28/11/2024