EconomyWhat’s next for Hong Kong developers in mainland China?
Major Hong Kong property developers are redirecting mainland investment from residential projects to commercial assets, including hospitality, as weak home sales and fewer appealing opportunities lead them to prioritize existing properties, recurring income and debt reduction. Wharf Holdings chairman and managing director Stephen Ng said the company had found few good mainland opportunities after recycling capital from projects in recent years.
What’s next for Hong Kong developers in mainland China?
Economy