Channels: There are signs that the impact of the withdrawal of hot measures in Hong Kong is slowing down, and it is expected to affect the performance of mortgage and insurance in the third quarter.
According to the report from The Intelligent Finance and Economics App, on June 12th, Cao Deming, the vice president of Jieluo Mortgage Brokerage, stated that the Hong Kong property market saw a brief rebound in transactions after the removal of the stamp duty. Coupled with new buyers gradually moving into properties purchased earlier this year, the demand for new mortgages has significantly increased.
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;
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
嘉華國際:二零二三年年報
The Hong Kong Buildings Department approved 14 building plans and issued 15 entry sheets in February
The Hong Kong Buildings Department approved a total of 14 building plans in February, including 5 for Hong Kong Island, 4 for Kowloon and 5 for the New Territories; these include 9 residential and commercial developments, 2 commercial developments, and 3 community service developments.
CBRE: Progressive residential rating system has a big impact on developers with more luxury properties
The Hong Kong government mentioned earlier that it will introduce a progressive rating system for residential properties. Lin Ling, executive director of CBRE Hong Kong Valuation and Advisory Services, believes that this measure will have an impact on medium to luxury properties, and is expected to have a big impact on developers with more luxury properties.
Australia, China, India May Cut Rates Even If Fed Doesn't
The central banks of Australia, China, India, Korea and Thailand may decouple from the Fed and cut rates even if the U.S. central bank stands pat this year, Nomura analysts say in a note. The APAC cen
China's Economy Expected To Surge 5.3% This Year, Fueled By Property Sector Stabilization And Regional Growth: AMRO
The ASEAN+3 Macroeconomic Research Office (AMRO) anticipates China's economy to expand by 5.3% this year, bolstered by the stabilizing property sector and improving external demand.What Happened: AMRO
China's Service Economy Expands Further, Adding to Signs of Recovery
A private gauge of China's services activities notched a 15th straight month of growth, adding to signs of green shoots in the world's second-largest economy as government stimulus measures kick in.
K. WAH INT'L To Go Ex-Dividend On June 17th, 2024 With 0.09 HKD Dividend Per Share
March 31st - $K. WAH INT'L(00173.HK)$ is trading ex-dividend on June 17th, 2024. Shareholders of record on June 18th, 2024 will receive 0.09 HKD dividend per share on July 24th, 2024. The ex-divid
K. Wah International 2023 Profit, Revenue Down
K. Wah International (HKG:0173) posted 2023 profit attributable to equity holders of HK$802.2 million, or HK$0.2560 per share, down from HK$1.37 billion, or HK$0.4381 per share, a year earlier. The re
CEO Che-Woo Lui, K. Wah International Holdings Limited's (HKG:173) Largest Shareholder Sees Value of Holdings Go Down 12% After Recent Drop
Key Insights Insiders appear to have a vested interest in K. Wah International Holdings' growth, as seen by their sizeable ownership Che-Woo Lui owns 53% of the company 17% of K. Wah Internationa
Ka Wah International (00173) will pay a final dividend of HK$0.09 per share on July 24
Ka Wah International (00173) announced that the company will pay a final dividend of 0 per share on July 24, 2024...
Ka Wah International (00173) announces annual results. Profit attributable to shareholders of HK$802 million decreased by 41.55% year-on-year
Jiahua International (00173) announced its annual results for the year ended December 31, 2023. The group achieved sales during the period...
K. WAH INT'L: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Hong Kong Homebuyers Flock to New Projects, Shunning Used Flats
Hong Kong homebuyers are snapping up new properties after the government cut taxes last month.
Zhongyuan Real Estate: The Hong Kong property market is expected to reach 5,000 first-hand transactions in March and is expected to recover a 15% decline by the end of the year
The property market clearly regained prosperity in March. In March, the Hong Kong property price index will reflect the new situation in the property market after the withdrawal. The index is expected to stop falling and stabilize, or even rise slightly.
Knight Frank: Maintaining an L-shaped forecast for property prices in Hong Kong this year, it is expected to drop by up to 5%
Maintaining the original L-shaped forecast for this year's property price trend, there is still an opportunity for property prices to fall by 3% to 5% in the first half of the year, stabilized slightly in the second half of the year, and is expected to remain flat or fall by up to 5% throughout the year.
American League: It is expected that the turnover of commercial stores in Hong Kong will rise by 20% year-on-year this year, and prices are still under pressure
Recently, the Hong Kong Government introduced a number of favorable policies to promote the development of the real estate industry
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