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The Chinese property sector crisis is a current financial crisis sparked by the 2021 default of Evergrande Group. Evergrande, and other Chinese property developers, experienced financial stress in the wake of overbuilding and subsequent new Chinese regulations on these companies' debt limits. The crisis spread beyond Evergrande in 2021 to such ...
Sunshine City (Chinese: 新港城) is a private housing estate in the town centre of Ma On Shan in the Sha Tin District of Hong Kong. It was developed by Henderson Land Development , and contains a series of 20 high-rise residential tower blocks [1] and a series of shopping arcades .
Henderson Land Development Co. Ltd. (Chinese: 恒基兆業地產有限公司) is a listed property developer in Hong Kong and a constituent of the Hang Seng Index.The company's principal activities are property development and investment, project management, construction, hotel operation, department store operation, finance, investment holding and infrastructure.
May 17, 2024 at 2:28 AM. By Liangping Gao and Clare Jim. BEIJING/HONG KONG (Reuters) -China on Friday announced some of its most sweeping measures yet to stabilise the crisis-hit property sector ...
MOSTown (formerly Sunshine City Plaza; Chinese: 新港城中心) is a shopping centre in the town centre of Ma On Shan in the Sha Tin District of Hong Kong. It was developed by Henderson Land Development , as part of the Sunshine City residential and commercial development, constructed in five phases during the 1990s.
e. Private housing estate is a term used in Hong Kong for private mass housing – a housing estate developed by a private developer, as opposed to a public housing estate built by the Hong Kong Housing Authority or the Hong Kong Housing Society. It usually is characterised with a cluster of high-rise buildings, with its own market or shopping ...
Hong Kong hosts several high tech and innovation companies, [224] including several multinational companies. [225] [226] Hong Kong is the ninth largest trading entity in exports and eighth largest in imports (2021), [227] [228] trading more goods in value than its gross domestic product.
IPO of The Link REIT, delayed for a year until 2005 through legal action by housing tenants worried that rents would rise, was eventually 18 times oversubscribed. [7] About 510,000 Hong Kong residents, or seven percent of the city's population, placed US$36 billion of orders while institutional investors were ready to commit US$40 billion.