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Ricard Court: Hong Kong property prices rose for two consecutive months, and the increase narrowed markedly in April
The Zhitong Finance App learned that Chen Haichao, head of the research department of Li JiaGe Real Estate, said that Hong Kong property prices rose for two months, reflecting the effect of removing spiciness. However, the increase narrowed significantly in April, dragged down by new listings being sold at low prices, making it difficult for second-hand owners to continue to harden their prices. Some anxious landlords may need to cut prices accordingly, putting pressure on second-hand property prices;
New World Development Company Limited's (HKG:17) Stock Price Dropped 6.6% Last Week; Private Companies Would Not Be Happy
Key Insights New World Development's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public 51% of the business is held by the
New Times Energy Arm Rents Offices in Hong Kong
New Times Energy (HKG:0166) arm Jumbo Hope Group agreed to lease two offices in Hong Kong from New World Tower for three years through September 2027, according to a Thursday filing with the Hong Kong
China Property Stocks Rally as More Cities Unveil Rescue Steps
By Jiahui Huang Shares of Chinese property developers surged on rising expectations that government entities in China are moving to help buy up excess housing in a bid to revive the struggling real-es
China May Need Large-Scale Funding to Lower Housing Inventories
China may need to spend at least CNY3-4 trillion in order to "meaningfully lower" the country's primary housing inventory to a healthy level, Morgan Stanley analysts write in a note. The market is for
Changes in Hong Kong stocks | New World Development (00017) rose more than 5% in the afternoon and will join hands with China Merchants Shekou to develop the largest commercial and residential project in the Fanling North New Development Zone
New World Development (00017) rose more than 5% in the afternoon. As of press release, it had risen 5.33% to HK$9.28, with a turnover of HK$121 million.
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