Hong Kong

Almost 4 in 10 Hong Kong adults invested in the stock market

Stock investors hold $200,000 in stockholdings.

Galaxy's 1Q15 profit drops 40% YoY to HK$2.30b

Phase 2 opening is on time, meanwhile.

Swire Properties unveils new AREZZO price list

Unit rates range start at $25,845 psf.

Asia to suffer export weakness through 1H15

1Q's negative impacts will linger longer.

Retail sentiment weakens as rents slide down

High street shop leasing remains subdued.

Demand for space in industrial market softens in 1Q15

There were also some downsizing and relocating.

Are Hong Kong's real estate and luxury industries about to collapse?

Hong Kong is famous for being (one of) the most expensive market in the world when it comes to commercial renting. Some shops located on Canton Road, TsimShaTsui -- considered prime location for luxury retail -- can reach over HK$6 million per month. At this price, most brands already gave up the idea of profit and simply use these stores to hold their brand's reputation.