Cheryl Arcibal

2 weeks ago | scmp.com | Cheryl Arcibal

Hong Kong’s office space segment has a higher probability of making a fast turnaround than the local market’s other sluggish sector, retail property, according to Morgan Stanley. “In our view, retail’s performance may be worse than office in terms of rental improvement, as the office market usually benefits more quickly from a sentiment boost,” said Praveen Choudhary, head of Hong Kong and India real estate research at the New York-based investment bank.

2 weeks ago | scmp.com | Fan Chen |Cheryl Arcibal

A top executive at Al Nasser Holdings, a prominent conglomerate based in the United Arab Emirates (UAE), said his firm would strengthen cooperation with Hong Kong companies in financial services, sustainability and aviation.

3 weeks ago | scmp.com | Cheryl Arcibal |Enoch Yiu

Futu Securities International (Hong Kong) has scooped up a prime retail space in Hong Kong’s Causeway Bay, according to market sources, as one of China’s fastest-growing online brokers doubles down in one of the world’s most expensive retail areas to prepare for a bull run in the stock market. Futu will occupy the street-level space in Soundwill Plaza on Russell Street that was left vacant since February by the Transformers: The Ark restaurant.

3 weeks ago | scmp.com | Cheryl Arcibal

Hong Kong stocks fell on Wednesday as US President Donald Trump’s expected tariff announcement in Washington cast a shadow of uncertainty over global trade. The Hang Seng Index dropped 0.8 per cent to 23,020.80 as of 9.40am local time. The Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 Index declined 0.1 per cent and the Shanghai Composite Index was little changed.

3 weeks ago | scmp.com | Cheryl Arcibal

Hong Kong’s property sales increased to the highest level in four months in March, as a resurgent stock market and a lower tax scheme for homes spurred sentiment, according to two of the city’s largest agencies. Sales of new and lived-in homes, shops, office units, car parking spaces and industrial properties jumped by 55 per cent to 6,657 lots, while the transaction value soared 61 per cent to HK$45.63 billion (US$5.9 billion) last month, according to estimates compiled by Midland Realty.