Property scare: Hong Kong conglomerate speeds up China asset sales as outlook darkens<\/a><\/p>\n<\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"
Billionaire Cheng Yu-tung\u2019s New World Development (NWD) has accelerated asset sales amid a poor outlook...<\/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-59","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-X","jetpack-related-posts":[{"id":116221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goldin-financial-loses-record-us331-5-million-on-resale-of-land-at-kai-tak-as-coronavirus-darkens-outlook-for-hong-kongs-property-market\/","url_meta":{"origin":59,"position":0},"title":"Goldin Financial loses record US$331.5 million on resale of land at Kai Tak as coronavirus darkens outlook for Hong Kong\u2019s property market","date":"May 11, 2020","format":false,"excerpt":"\r A Hong Kong developer has suffered the biggest loss on a land sale in the city\u2019s history, offloading a residential plot at Kai Tak to raise cash to help it weather a market slump caused by the coronavirus pandemic.Goldin Financial Holdings, controlled by Pan Sutong, one of Hong Kong\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103120,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-spring-into-action-after-developers-slash-prices-cutting-inventory-as-market-outlook-darkens\/","url_meta":{"origin":59,"position":1},"title":"Homebuyers spring into action after developers slash prices, cutting inventory as market outlook darkens","date":"January 20, 2019","format":false,"excerpt":"\r Wing Tai Properties, the Hong Kong unit of Singapore developer Wing Tai Holdings, sold more than 90 per cent of its flats on offer at Tuen Mun on Sunday, with some units priced as low as HK$9,488 per square foot (US$1,210), reflecting the weakest level seen in the neighbourhood\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116355,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-issues-first-profit-warning-as-hong-kong-and-uk-businesses-suffer-ck-hutchison-says-retail-earnings-might-be-halved-this-year\/","url_meta":{"origin":59,"position":2},"title":"Li Ka-shing\u2019s CK Asset issues first profit warning as Hong Kong and UK businesses suffer, CK Hutchison says retail earnings might be halved this year","date":"May 14, 2020","format":false,"excerpt":"\r Hong Kong-based conglomerate CK Asset Holdings issued a profit warning on Thursday, its first since it was listed in 2015 as part of a restructure of Hong Kong tycoon Li Ka-shing\u2019s Cheung Kong Holdings.The company said lower property sales and negative contribution from its hotels division, as well as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eunis-chan-angela-leong-sell-luxury-hong-kong-properties-as-rate-increases-loom\/","url_meta":{"origin":59,"position":3},"title":"Eunis Chan, Angela Leong sell luxury Hong Kong properties as rate increases loom","date":"September 29, 2026","format":false,"excerpt":"\r As the shadow of possible interest rate increases darkens Hong Kong\u2019s property market outlook, well-known people including model-actress Eunis Chan Ka-yung and billionaire Angela Leong On-kei have recently decided the time was right to sell luxury properties, according to market sources. Chan sold a two-bedroom Mid-Levels flat for HK$32.25\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71757,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/divisions-grow-as-analysts-debate-hong-kong-property-outlook\/","url_meta":{"origin":59,"position":4},"title":"Divisions grow as analysts debate Hong Kong property outlook","date":"November 14, 2017","format":false,"excerpt":"\r Hong Kong property analysts are divided on the outlook for the local property market, as international property investors express concern over excessive prices and deteriorating market stability worldwide. More than 60 per cent of global real estate investors ranked an asset price bubble and the risk of a sharp\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46977,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-asset-manager-turns-his-attentions-to-buying-short-stay-apartments-in-japan\/","url_meta":{"origin":59,"position":5},"title":"Hong Kong asset manager turns his attentions to buying short-stay apartments in Japan","date":"March 7, 2017","format":false,"excerpt":"\r While many Chinese investors have looked to acquire Japanese office buildings and apartments as the yen has weakened \u2013 including conglomerate Anbang Group which is in talks to buy 200 residential properties from Blackstone Group for US$2.3 billion \u2013 Hong Kong-based Look\u2019s Asset Management is taking a different approach.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59"}],"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=59"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=59"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=59"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=59"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}