{"id":134362,"date":"2023-02-02T12:44:16","date_gmt":"2023-02-02T05:44:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-services-to-rebound-as-china-reopens-but-ubp-says-sector-is-coming-from-fragile-situation\/"},"modified":"2023-02-02T13:15:59","modified_gmt":"2023-02-02T06:15:59","slug":"hong-kong-services-to-rebound-as-china-reopens-but-ubp-says-sector-is-coming-from-fragile-situation","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-services-to-rebound-as-china-reopens-but-ubp-says-sector-is-coming-from-fragile-situation\/","title":{"rendered":"Hong Kong services to rebound as China reopens, but UBP says sector is coming from &#039;fragile situation&#039;"},"content":{"rendered":"<p>&#013;<br \/>\nHowever, its economist warned that the sector will be &#8220;going from a very fragile situation,&#8221; given its contraction in every single quarter of 2022.\u00a0&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/2023\/02\/02\/hong-kong-services-to-rebound-as-china-reopens-ubp-says.html\" target=\"_blank\" rel=\"noopener\">Hong Kong services to rebound as China reopens, but UBP says sector is coming from &#8216;fragile situation&#8217;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; However, its economist warned that the sector will be &#8220;going from a very fragile situation,&#8221;&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-134362","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-yX8","jetpack-related-posts":[{"id":126677,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-hong-kong-hotels-sell-for-us295-million-as-cash-rich-investors-bet-on-hospitality-sector-rebound-once-borders-reopen\/","url_meta":{"origin":134362,"position":0},"title":"Two Hong Kong hotels sell for US$295 million, as cash-rich investors bet on hospitality sector rebound once borders reopen","date":"May 12, 2022","format":false,"excerpt":"\r Two hotels changed hands in deals worth more than HK$2.3 billion (US$295 million) in Hong Kong on Wednesday, as cash-rich investors swooped in to pick up assets from the city\u2019s slumping hospitality industry, betting on the sector improving once the city\u2019s borders have been reopened.\r \r Source : South\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-sink-to-33-year-low-in-2023-amid-high-interest-rates-as-sector-sees-glimmers-of-rebound-in-december\/","url_meta":{"origin":134362,"position":1},"title":"Hong Kong home sales sink to 33-year low in 2023 amid high interest rates as sector sees glimmers of rebound in December","date":"January 3, 2024","format":false,"excerpt":"\r Transactions in 2023 fell 2.7 per cent year on year to 58,023, while value fell 13.9 per cent to HK$477.6 billion (US$61 billion), Centaline says. Property agents see growth ahead given positive December figures and anticipated rate cuts.\r \r Source : South China Morning Post\r Read more...Hong Kong home\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133052,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-properties-hongkong-land-say-businesses-will-refocus-on-hong-kong-as-covid-19-curbs-end-mainland-border-reopens\/","url_meta":{"origin":134362,"position":2},"title":"Swire Properties, HongKong Land say businesses will refocus on Hong Kong, as Covid-19 curbs end, mainland border reopens","date":"December 19, 2022","format":false,"excerpt":"\r International and Asian businesses will refocus on Hong Kong, as recent relaxations in the city\u2019s Covid-19 restrictions and expected reopening of the border with China help it retain its international financial hub status, according to two of the largest commercial landlords in the city.\r \r Source : South China\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goldman-sachs-says-hong-kong-home-prices-will-rebound-in-2025-after-hitting-bottom-this-year-raises-office-market-concerns\/","url_meta":{"origin":134362,"position":3},"title":"Goldman Sachs says Hong Kong home prices will rebound in 2025 after hitting bottom this year, raises office market concerns","date":"February 12, 2024","format":false,"excerpt":"\r The US investment bank says the residential sector will see a gradual recovery this year after the US Federal Reserve begins to cut rates and Hong Kong mortgage rates are lowered from the second quarter onwards.\r \r Source : South China Morning Post\r Read more...Goldman Sachs says Hong Kong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156189,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hotel-investors-pick-up-hong-kong-bargains-on-distress-tourism-rebound\/","url_meta":{"origin":134362,"position":4},"title":"Hotel investors pick up Hong Kong bargains on distress, tourism rebound","date":"June 23, 2025","format":false,"excerpt":"\r Hong Kong is becoming a magnet for hotel investments after some investors snapped up assets on the cheap this year, banking on a recovery in tourism and shrinking room supply to brighten the industry outlook, according to property consultants. Investments in the sector could reach about HK$5 billion (US$637\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-rush-new-flats-as-sentiment-lifts-pressuring-fragile-recovery\/","url_meta":{"origin":134362,"position":5},"title":"Hong Kong developers rush new flats as sentiment lifts, pressuring fragile recovery","date":"January 7, 2026","format":false,"excerpt":"\r Hong Kong\u2019s leading property developers are accelerating new residential launches, with two major firms unveiling plans to roll out more than 4,300 flats this year as sentiment shows signs of improvement, but analysts caution that a surge in supply may add fresh pressure to a market that has only\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/134362"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=134362"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/134362\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=134362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=134362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=134362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}