Hong Kong’s luxury property segment is showing signs of a revival, with mainland buyers returning to the market. Analysts expect developers to ramp up supply amid increasing demand and lower rates ahead.
Mainland Chinese authorities have issued an arrest warrant for the boss of Macau’s biggest organiser of junkets for high rollers, accusing him of running illegal cross-border gambling activities. Prosecutors in Wenzhou, Zhejiang province, said that Suncity Group CEO Alvin Chau Cheok-wa was in charge of a gambling syndicate that “causes severe damage to the social order of the country”. Wenzhou’s.