Shawna Kwan

Hong Kong

Property Reporter at Bloomberg News

Reporter at Bloomberg News @business Mostly writing about property. Views are my own

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Articles

China’s top HK official says security will ensure city’s success

6 days ago | thestar.com.my | Shawna Kwan

HONG KONG (Bloomberg): China’s top official for Hong Kong affairs said the city needs to prioritize national security to ensure prosperity. The China-imposed national security law helped Hong Kong maintain its status as an international financial hub, Xia Baolong, director of the Hong Kong and Macau Affairs Office in Beijing, said Saturday on his third trip to the semi-autonomous city in three years. "Profound changes are occurring inside and outside Hong Kong.
China’s Top HK Official Says Security Will Ensure City’s Success

1 week ago | bloomberg.com | Shawna Kwan

Xia Baolong(Bloomberg) -- China’s top official for Hong Kong affairs said the city needs to prioritize national security to ensure prosperity. The China-imposed national security law helped Hong Kong maintain its status as an international financial hub, Xia Baolong, director of the Hong Kong and Macau Affairs Office in Beijing, said Saturday on his third trip to the semi-autonomous city in three years.
China’s Top HK Official Says Security Will Ensure City’s Success

1 week ago | news.bloomberglaw.com | Shawna Kwan

China’s top official for Hong Kong affairs said the city needs to prioritize national security to ensure prosperity. The China-imposed national security law helped Hong Kong maintain its status as an international financial hub, Xia Baolong, director of the Hong Kong and Macau Affairs Office in Beijing, said Saturday on his third trip to the semi-autonomous city in three years. “Profound changes are occurring inside and outside Hong Kong.
HK bets future on tech zone

1 week ago | thestar.com.my | Shawna Kwan

IN a village on Hong Kong’s outskirts, Wong Chin Ming inspects zucchini, watermelons, cherry tomatoes and kale growing in his greenhouses. For 19 years he’s been raising crops here on the site of what was once a factory. Already a subscriber? Log in. Unlock 30% Savings on Ad-Free Access Now! Billed as RM9.73 for the 1st month then RM13.90 thereafters. RM12.33/monthRM8.63/month Billed as RM103.60 for the 1st year then RM148 thereafters. Free Trial For new subscribers only Cancel anytime.
Morgan Stanley Says Hong Kong’s Housing Sector Is Bottoming Out

1 week ago | bloomberg.com | Shawna Kwan

Residential buildings developed by New World Development Co. under construction in the Kai Tak area of Hong Kong. (Bloomberg) -- Hong Kong’s residential property market is poised for a recovery after enduring a seven-year downturn, according to Morgan Stanley. Home prices in the city are set to bottom out, driven by an influx of mainland Chinese buyers, improved capital markets and a recent plunge in interest rates, analysts led by Praveen Choudhary said in a report dated June 19.
New World Sells 138 Hong Kong Homes at Discount Within Hours

1 week ago | bloomberg.com | Shawna Kwan

Prospective buyers look at a model of the Deep Water Pavilia project. (Bloomberg) -- New World Development Co. and its partners sold 138 apartments in a few hours at a new project after pricing the homes at a discount to lure buyers in Hong Kong’s sluggish real estate market. The companies sold the apartments in Deep Water Pavilia in southern Hong Kong Island on Saturday within a few hours, according to New World. The homes were the cheapest of any new residential project in the Southside area.
New World Sells 138 Hong Kong Homes at Discount Within Hours

1 week ago | flipboard.com | Shawna Kwan

13 hours agoWASHINGTON (AP) — Health officials want you to think twice before buying one of those brightly colored little bottles often sold at gas stations, convenience stores and smoke shops. Sometimes called “gas station heroin,” the products are usually marketed as energy shots or cognitive supplements but …
Hong Kong bets the future on a vast tech zone by China’s border

2 weeks ago | fortune.com | Shawna Kwan

In a village on Hong Kong’s outskirts, Wong Chin Ming inspects zucchini, watermelons, cherry tomatoes and kale growing in his greenhouses. For 19 years he’s been raising crops here on the site of what was once a factory. Soon his farm will be wiped off the map to make way for a massive development, which China hopes will be Hong Kong’s answer to Silicon Valley.
Jane Street Signs Hong Kong Central’s Biggest Lease in Decades

2 weeks ago | bloomberg.com | Shawna Kwan

Henderson’s Site 3 project. (Bloomberg) -- Jane Street Group has signed for six floors in an upcoming tower developed by Henderson Land Development Co. in Hong Kong’s central business district, marking the biggest office deal in the area in decades. The quantitative trading firm will occupy 223,437 square feet (20,758 square meters) in Henderson’s Site 3 project on the waterfront of Victoria Harbour, the developer said in a statement on Friday. The lease will be five years, commencing from Jan.
Hong Kong Bets the Future on a Vast Tech Zone by China’s Border

2 weeks ago | bloomberg.com | Shawna Kwan

The skyscrapers of mainland China’s Shenzhen, seen from the development site in Hong Kong. (Bloomberg Markets) -- In a village on Hong Kong’s outskirts, Wong Chin Ming inspects zucchini, watermelons, cherry tomatoes and kale growing in his greenhouses. For 19 years he’s been raising crops here on the site of what was once a factory. Soon his farm will be wiped off the map to make way for a massive development, which China hopes will be Hong Kong’s answer to Silicon Valley.