Shawna Kwan

Hong Kong’s residential property recovery is luring back home flippers, as investors look to renovate and then sell to take advantage of rising prices.

The millionaire members of the elite Town Club are upset with the billionaire Cheng family’s businesses, which own the venue.

Hong Kong home prices are expected to rebound the most in nearly a decade in 2026, driven by strong mainland Chinese demand, limited supply and robust rental growth, according to Bloomberg Intelligence.

Hong Kong’s rental housing market is on track for the biggest summer increase in a decade, as a recovery in one of the world’s most expensive real estate markets gathers steam.

Hongkong Land Holdings Ltd. expects rents in its office towers to stabilize in 2027 after six years of declines as the financial hub’s commercial real estate market begins to recover.

Fidelity Investments, the world’s third-largest money manager, reported that its assets under management rose to $7.8 trillion in the second quarter, up 23% from a year ago.

Fidelity Investments, the world's third-largest money manager, reported that its assets under management rose to $7.8 trillion in the second quarter, up 23% from a year ago.

A spate of well-known hedge funds reported steep losses in July as AI shares tumbled, most notably forcing the highly leveraged Situational Awareness to sell most of its stock portfolio at a deep discount to Ken Griffin’s Citadel.

Chinese tech firms, from Bytedance Ltd. to artificial intelligence startups, are driving demand for Hong Kong’s data centers, helping push lease prices up by nearly double this year.

The AI boom, fueled in part by the success of DeepSeek, has prompted more Chinese firms to use Hong Kong as a springboard to test models and expand overseas. Deals for digital infrastructure accelerated in the last quarter, driving up prices for data center capacity on a per-kilowatt basis, according to Structure Research, a data center consultancy.