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Wharf Holdings hotel arm eyes more openings in China and international markets on expectations of rising corporate travel

Wharf Hotels, the hospitality arm of property developer Wharf Holdings, is expanding its footprint in mainland China as the country’s tourism sector rebounds, in a move that also reflects its anticipation of higher occupancy ratios and increased room rates, as corporate spending surges. ....

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China's embattled property industry will rebound in second half of 2024, says Zhang Yadong, chairman of developer Greentown

Zhang Yadong, chairman Hangzhou-based Greentown China, said an expected economic recovery and the release of pent-up housing demand would trigger a turnaround in the second half of next year. ....

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From AS Watson to HSBC and Star Ferry, many of Hong Kong's oldest businesses predated the Post

At least a dozen of those companies that preceded the 1903 birth year of the South China Morning Post remain to this day. ....

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Hong Kong Home Prices to Slump Through 2024, Morgan Stanley Says

(Bloomberg) Morgan Stanley abandoned its “too optimistic” call for Hong Kong residential property values to rebound this year, and now sees the market suffering two additional annual declines. Most Read from BloombergIsrael Latest: UN Staff Given Evacuation Order for Northern GazaTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Hamas Leaders Targeted as Ground War LoomsScalise Ends House Speaker Bid, Deepening Republican TurmoilGhost in the Machine: How Fake Part ....

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Sluggish Retail Growth In China & More Headwinds For Hong Kong's Property Markets Drag Stocks Down - Alibaba Gr Holding (NYSE:BABA)

Stocks in Hong Kong and China closed the week out lower Friday as weak consumer sentiment and property market jitters resurfaced. The Hang Seng Index ended a three-day winning streak to end down 2.2% at 17,813.45 while China’s CSI 300 Index closed 1.1% lower at 3,663.41. ....

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