The proportion of mainland Chinese property developers with negative credit rating outlooks has hit a four-year high, with analysts predicting further financial weakness on the back of slow growth
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Hong Kong & China
Developers say new tax system may increase construction costs
Mainland Chinese property developers say tax changes introduced this month may increase construction costs and it is too early to say if overall tax payments will be reduced.
International
Brexit uncertainty an opportunity for overseas investors
Property investments in London are likely to attract more Hong Kong buyers as Britain decides whether to stay in the European union.
The UK’s potential exit – termed Brexit – from the European Union has driven sterling to lows not seen since the financial crisis of 2008.
