Pearl Liu

One of Hong Kong’s biggest property agencies is ramping up its family office business by partnering with China’s No. 2 mutual fund to push wealth management products amid a real estate slump.

Chinese developer Kaisa Group Holdings Ltd. is seeking to sell its Hong Kong headquarters office, according to people familiar with the matter, marking the defaulter's latest effort to ease funding pressure.

China Mobile Hong Kong is in talks to buy commercial property in Hong Kong once owned by struggling tycoon Chen Hongtian , according to people familiar with matter.

A Hong Kong court ordered Times China Holdings Ltd. to return more quickly than it wanted for another hearing on its liquidation petition, as the defaulted developer faced questions over the viability of its restructuring plan.

Hong Kong Metropolitan University has signed an agreement to buy a distressed commercial property in the city that China Mobile Hong Kong had sought to purchase, according to people familiar with the matter.

An arm of gym chain Physical Beauty & Fitness received a liquidation petition from a major mall operator in the city, following the shuttering of its branches earlier this year.

Fitness centers are struggling amid expensive rents and increased competition

In This Article 600628.SS (Bloomberg) -- Hong Kong property firm New World Development Co. is in talks with banks to extend the due dates of some bilateral loans, said people familiar with the matter.

(Bloomberg) -- Distressed Hong Kong property firm New World Development Co. is in talks with banks to extend the due dates of some bilateral loans, people familiar with the matter said, adding to concerns over its ability to service one of the heaviest debt loads of its kind.

A Hong Kong court gave defaulted Chinese developer Kaisa Group Holdings Ltd. approval to hold a meeting for a creditor vote on its $13 billion offshore restructuring plan, with a sanction hearing set for March 21.