Hong Kong’s property distress catching up with city’s banks
Prices of office buildings, shopping malls and other properties have fallen more than 40 per cent from their highs in 2018.
HSBC unveils HyQ, a 25-storey office tower in Qianhai to drive cross-border collaboration
The HyQ tower, in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, is the bank’s first wholly owned ...
Business Times6d
Hong Kong’s property distress is catching up with city’s banks
DISTRESSED property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Read ...
Yahoo Finance6d
Hong Kong’s Property Distress Is Catching Up With City’s Banks
Average prices of office buildings, shopping malls and other ... Bank of East Asia Ltd., Bank of China’s Hong Kong unit, and Standard Chartered Plc, have made about 40% of Hong Kong’s total ...