A five-bedroom flat at 21 Borrett Road in Hong Kong's Central district sold for HK$126,000 per square foot, setting a new high for the development and this year's new home sales. Developer CK Asset has now sold four mansions at the project for HK$1.05 billion.
A luxury five-bedroom apartment in Hong Kong, featuring 3.5-meter floor-to-ceiling heights, has been sold. The sale occurs amidst geopolitical uncertainties, including the US-Israel war on Iran, prompting investors to diversify assets. This transaction underscores strong demand in Hong Kong's super-luxury residential market.
SCMP reports on the Iran conflict impacting Chinese investors, Li Ka-shing's philanthropy, and deepened China-Russia strategic cooperation following Xi Jinping's meeting with Vladimir Putin in Beijing.
The Li Ka Shing Foundation will subsidize liver cancer surgeries for 200 patients over three years, covering HK$210,000 of the HK$260,000 cost for histotripsy treatment, a non-invasive ultrasound procedure.
Hong Kong conglomerate CK Hutchison agrees to sell 49% stake as it attempts to reshape its portfolioBusiness live – latest updatesVodafone is to take full control of the UK’s biggest mobile operator in a £4.3bn buyout deal with the Hong Kong conglomerate CK Hutchison.Billionaire Li Ka-shing’s business said it had agreed to sell its 49% stake in VodafoneThree – a network with more than 27 million subscribers – to its partner Vodafone. Continue reading...
Hutchison Port Holdings Trust has deployed Hong Kong’s first AI-powered driverless trucks, a move the container terminal operator said could help tackle a chronic manpower shortage and improve efficiency. The trust, affiliated with Hutchison Ports – a subsidiary of CK Hutchison Holdings, controlled by billionaire Li Ka-shing’s family – on Tuesday invited media to view a fleet of six electric autonomous trucks at Kwai Tsing Container Terminal 4. The fleet was launched in January. “Hong Kong has...
