Recently I shared something I read about Hong Kong’s property market. It’s not doing well actually. Read here: Hong Kong property market? Dropping in price and transactions Well, as they say value appears once prices have dropped low enough to re-enter the market. SC Capital Partners, a Singapore private equity real estate firm said that … Read moreSingapore fund favours Hong Kong property assets for now
My Hong Kong classmate told me that due to the size of her home in Hong Kong, every time they wanted to play mahjong, one of the player would be sitting inside the toilet. That was 19 years ago. I think since then, due to the vibrancy of the Hong Kong property market, the size … Read moreHong Kong property market? Dropping in price and transactions…..
Many months back, when I was driving past the Bandar Malaysia site together with a few friends, they asked ‘will this happen or not? 1MDB is in so much issues.’ (Actual words are more crude but the message is something like that). Let’s focus on Bandar Malaysia this time. Well, according to a news report … Read moreUS$2 billion (RM8 billion) from CREC into Bandar Malaysia
China’s advice to Soros: “better” stay away from renminbi and HK$. I read an interesting article from Reuters about China’s state media and George Soros. Earlier, Soros told Bloomberg TV that he sees a hard landing for China’s economy and this will lead to a global deflation. In brief, deflation in economics is a decrease in … Read moreSoros: Hard landing for China. China disagrees fully.
Wondering why the property market in China is in trouble with huge number of empty completed units? Well, in Q4 2015, China’s economy grew just 6.8 percent. This should be a growth envied by many but based on statistics, this is the slowest growth since Q1 of 2009. Remember the 2008 mortgage crisis? Well, fortunately … Read moreChina growing at the slowest since 2009
It would be foolish to look more to the US economy to predict what will happen like what is happening today in the context of ASEAN. While the US remains the largest economy of the world but it is not even among the top three largest trading partners to ASEAN anymore. Largest is China, followed … Read moreChina’s economy, the main anchor to all
This is an initiative I love and support a lot. The Asian Infrastructure Investment Bank with an authorised capital of US$100 billion is progressing well. 57 prospective founding members are expected to sign the Articles of Agreement for the formation of AIIB by year end. Malaysia is one of the member nations and it includes … Read moreAIIB: Great initiative and poised to ‘grow’ infrastructure ASIA
A new bridge is about to open in China. The Zhangjiajie Grand Canyon Glass Bridge. It’s going to tell the world that China may be building the scariest pedestrian bridge in the world! It is a glass bottomed bridge and it covers 300 metres above the ground. Width of the bridge is 6 metres. So, … Read moreGlass bottomed bridge in China, don’t look down!
Nothing to do with relationships or divorce settlement. It is what was implemented by China for residents of Shenzhen city with regards to their visits to Hong Kong. There were no restrictions but now, Shenzhen residents can only visit Hong Kong once per week. One major reason stated was that there were too many Shenzhen … Read moreYou can only visit once per week. Shenzhen – Hong Kong.
I wrote about this a few weeks back. I like this new initiative from the second largest economy in the world as well as the country with the highest level of currency reserves in the world, China. Read here: Asian Infrastructure Investment Bank: (AIIB) Sorry, I do not like just a few of these ‘last … Read moreUS$100 Billion new Asian Infrastructure Investment Bank