Lui tells buyers to get something to live in, not for speculation, which ‘is just like gambling’

The company is offering the latest batch of units at its Cullinan West II development in Kowloon at 10 per cent below the price of the previous sale.

AllianzGI survey finds Hongkongers will need HK$5 million as the ideal amount of savings to sustain 14 years of retired life, but expects it to fall short by HK$1.83 million

Other rivals however deny that they engage in such behaviour, saying they abide by rules set by the industry watchdog

Stricter oversight by Ministry of Education could lead to shakeup in industry that provides after-school teaching to help Chinese students get into the top universities

Gripes range from ‘returns are too low’ to ‘I’ll have to live until I’m 100 to benefit the from scheme’, while some would rather keep their money in the pocket

The asking price of HK$370 million, or HK$3,100 per square foot before adding the conversion premium, was much higher than any comparable price in surrounding areas

Gen-Z and the Millennials have turned into the biggest borrowers of the economy, spurred by the proliferation of smartphone-enabled credit facilities and low interest rates