Pearl Liu

Hong Kong

Pearl Liu

Reporter, Business

Based in Hong Kong, Pearl covers the property market in the city and China and follows major listed developers. She previously worked at The Straits Times and has also contributed stories to China Daily.

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Latest from Pearl Liu

Shenzhen toughens local residency requirements to douse ‘violent surge’ in China’s hottest residential market

Shenzhen has imposed additional residency and tax requirements on local residents to douse a “violent surge” that has made China’s Silicon Valley the hottest property market in the country.

19 minutes ago

Shenzhen has imposed additional residency and tax requirements on local residents to douse a “violent surge” that has made China’s Silicon Valley the hottest property market in the country.

Shenzhen toughens local residency requirements to douse ‘violent surge’ in China’s hottest residential market
Greater Bay Area manufacturing hub Dongguan reports rise in home prices amid increased liquidity, speculative buying

Dongguan, a city in China’s Greater Bay Area development zone that is also home to Huawei Technologies’ new campus, has recorded a sharp increase in home prices, which have been boosted by increased liquidity and speculative buying driven by hopes around its economy.

6 hours ago

Dongguan, a city in China’s Greater Bay Area development zone that is also home to Huawei Technologies’ new campus, has recorded a sharp increase in home prices, which have been boosted by increased liquidity and speculative buying driven by hopes around its economy.

Greater Bay Area manufacturing hub Dongguan reports rise in home prices amid increased liquidity, speculative buying
Li Ka-shing’s US$1.2 billion scheme to build 3,500 homes on former royal dockyard site in London gets green light after 15 years

The tycoon’s CK Asset has finally got the green light for the £1 billion ($1.26 billion) Convoys Wharf project in Deptford, southeast London, having bought the site for £100 million in 2005

10 Jul 2020 - 8:32PM

The tycoon’s CK Asset has finally got the green light for the £1 billion ($1.26 billion) Convoys Wharf project in Deptford, southeast London, having bought the site for £100 million in 2005

Li Ka-shing’s US$1.2 billion scheme to build 3,500 homes on former royal dockyard site in London gets green light after 15 years
Grocery tycoon husband of former adult film star Veronica Yip files for bankruptcy in the US

Grocery tycoon Jeffrey Wu, who married the famous Hong Kong softcore actress in 1996, files for personal bankruptcy in New York, owing almost US$50 million.

9 Jul 2020 - 7:12PM

Grocery tycoon Jeffrey Wu, who married the famous Hong Kong softcore actress in 1996, files for personal bankruptcy in New York, owing almost US$50 million.

Grocery tycoon husband of former adult film star Veronica Yip files for bankruptcy in the US
Tsim Sha Tsui now Hong Kong’s most expensive retail area, with Causeway Bay luxury sales hit

Kowloon peninsula’s Tsim Sha Tsui is now Hong Kong’s most expensive retail area for the first time. Causeway Bay has been hit harder by sluggish luxury sales.

9 Jul 2020 - 10:48PM

Kowloon peninsula’s Tsim Sha Tsui is now Hong Kong’s most expensive retail area for the first time. Causeway Bay has been hit harder by sluggish luxury sales.

Tsim Sha Tsui now Hong Kong’s most expensive retail area, with Causeway Bay luxury sales hit
Topshop to close last Hong Kong store, joining growing list of foreign retailers leaving city amid coronavirus sales slump

Topshop will close its 14,000 sq ft, two-storey flagship store in Central when the lease runs out in October.

8 Jul 2020 - 11:13PM

Topshop will close its 14,000 sq ft, two-storey flagship store in Central when the lease runs out in October.

Topshop to close last Hong Kong store, joining growing list of foreign retailers leaving city amid coronavirus sales slump
Lush, known for its handmade soaps and shampoos, shuts five-storey shop in further blow to Hong Kong retail property sector

British beauty retailer Lush has shut its five-storey shop in Hong Kong’s Central district, becoming the latest company to succumb to a coronavirus-induced economic slowdown and, in turn, piling pressure on the city’s souring retail property sector.

7 Jul 2020 - 6:19PM

British beauty retailer Lush has shut its five-storey shop in Hong Kong’s Central district, becoming the latest company to succumb to a coronavirus-induced economic slowdown and, in turn, piling pressure on the city’s souring retail property sector.

Lush, known for its handmade soaps and shampoos, shuts five-storey shop in further blow to Hong Kong retail property sector
Beyond Meat gets an edge in China as its meatless burgers become first in grocery stores

It’s a big coup for Beyond Meat because none of its meatless rivals battling for Chinese stomachs has broken into grocery chains yet. It gives Beyond Meat an edge – at least for now – in the fierce meatless battle under way in China that has up to now been limited to a few fast-food restaurants and e-commerce sites.

6 Jul 2020 - 3:17PM

It’s a big coup for Beyond Meat because none of its meatless rivals battling for Chinese stomachs has broken into grocery chains yet. It gives Beyond Meat an edge – at least for now – in the fierce meatless battle under way in China that has up to now been limited to a few fast-food restaurants and e-commerce sites.

Beyond Meat gets an edge in China as its meatless burgers become first in grocery stores
Hong Kong’s home buyers are back in droves at CK Asset’s Sea To Sky project as they shrug aside political concerns

The brisk sales, following a sell-out launch last weekend, shows how Hong Kong’s underlying property demand remains strong, lifted by a record wave of easy financing even as the city’s economy is mired in its worst recession on record, and joblessness is expected to climb.

4 Jul 2020 - 10:41PM

The brisk sales, following a sell-out launch last weekend, shows how Hong Kong’s underlying property demand remains strong, lifted by a record wave of easy financing even as the city’s economy is mired in its worst recession on record, and joblessness is expected to climb.

Hong Kong’s home buyers are back in droves at CK Asset’s Sea To Sky project as they shrug aside political concerns
Koko Hills: Wheelock prices Kowloon East project at a premium, bets on national security law to boost market

The first batch of 83 flats could go on sale as early as next week, with prices starting at HK$19,264 (US$2,485) per square foot.

3 Jul 2020 - 6:51AM

The first batch of 83 flats could go on sale as early as next week, with prices starting at HK$19,264 (US$2,485) per square foot.

Koko Hills: Wheelock prices Kowloon East project at a premium, bets on national security law to boost market
Singapore home prices fall further, but still to hit bottom as the city state grapples with an unprecedented recession

A two-month lockdown imposed in the city state to contain the coronavirus outbreak led to a 1.1 per cent decline in home prices in the second quarter.

1 Jul 2020 - 6:42PM

A two-month lockdown imposed in the city state to contain the coronavirus outbreak led to a 1.1 per cent decline in home prices in the second quarter.

Singapore home prices fall further, but still to hit bottom as the city state grapples with an unprecedented recession
Has Hong Kong’s home market regained its footing? May’s lived-in price index recorded its biggest gain in 13 months

Global central banks are unleashing a record US$6 trillion in low-cost funds this year to staunch the world economy’s plunge into depression, led by the pledge by the US Federal Reserve to keep its base interest rate at zero through 2022.

30 Jun 2020 - 11:07PM

Global central banks are unleashing a record US$6 trillion in low-cost funds this year to staunch the world economy’s plunge into depression, led by the pledge by the US Federal Reserve to keep its base interest rate at zero through 2022.

Has Hong Kong’s home market regained its footing? May’s lived-in price index recorded its biggest gain in 13 months
Mercedes-Benz shuts its concept store in Beijing as more luxury brands are expected to follow suit to limit losses from Covid-19 crisis

Mercedes-Benz announced the closure of Mercedes Me Beijing, which boasted a vast dining space serving dishes including hotpot, four days after a new outbreak of the coronavirus in the city

30 Jun 2020 - 11:07PM

Mercedes-Benz announced the closure of Mercedes Me Beijing, which boasted a vast dining space serving dishes including hotpot, four days after a new outbreak of the coronavirus in the city

Mercedes-Benz shuts its concept store in Beijing as more luxury brands are expected to follow suit to limit losses from Covid-19 crisis
Top Hong Kong property brokerage says government’s coronavirus relief package has helped save 900 jobs

Hong Kong’s property agencies have been struggling as buying appetite dwindles amid the coronavirus pandemic.

29 Jun 2020 - 11:09PM

Hong Kong’s property agencies have been struggling as buying appetite dwindles amid the coronavirus pandemic.

Top Hong Kong property brokerage says government’s coronavirus relief package has helped save 900 jobs
Chinese traditional medicine treatment for Covid-19 inspired by 1,800-year-old medical textbook produces fortune for makers

Popularity of the Lianhua Qingwen capsule has produced massive fortunes for the company behind it and its shareholders.

29 Jun 2020 - 1:22PM

Popularity of the Lianhua Qingwen capsule has produced massive fortunes for the company behind it and its shareholders.

Chinese traditional medicine treatment for Covid-19 inspired by 1,800-year-old medical textbook produces fortune for makers
Luckin Coffee is poised for expulsion from Nasdaq as it withdraws request for oral appeal hearing

Luckin Coffee said on Friday it had withdrawn a request for an oral hearing submitted to the Nasdaq exchange in New York, paving the way for its delisting.

27 Jun 2020 - 9:49PM

Luckin Coffee said on Friday it had withdrawn a request for an oral hearing submitted to the Nasdaq exchange in New York, paving the way for its delisting.

Luckin Coffee is poised for expulsion from Nasdaq as it withdraws request for oral appeal hearing
Hong Kong to sell ‘iconic’ site on Victoria Harbour in coming quarter to boost market confidence

The Hong Kong government will sell a site along the city’s Victoria Harbour to boost market confidence in the coming quarter, it said on Friday.

26 Jun 2020 - 11:59PM

The Hong Kong government will sell a site along the city’s Victoria Harbour to boost market confidence in the coming quarter, it said on Friday.

Hong Kong to sell ‘iconic’ site on Victoria Harbour in coming quarter to boost market confidence
Huang Guangyu, founder and ex-chairman of one of China’s largest bricks-and-mortar electronics retailers, is released from jail

Huang Guangyu, the founder and former chairman of Gome Retail Holdings, one of China’s largest bricks-and-mortar electronics retailers, has been released from jail on parole, a court in Beijing said on Wednesday.

24 Jun 2020 - 9:32PM

Huang Guangyu, the founder and former chairman of Gome Retail Holdings, one of China’s largest bricks-and-mortar electronics retailers, has been released from jail on parole, a court in Beijing said on Wednesday.

Huang Guangyu, founder and ex-chairman of one of China’s largest bricks-and-mortar electronics retailers, is released from jail
Small Chinese property developers betting on ‘revenge spending’ could go bankrupt instead

About 230 property developers have already gone out of business this year, an increase of 10 per cent over last year.

24 Jun 2020 - 11:35AM

About 230 property developers have already gone out of business this year, an increase of 10 per cent over last year.

Small Chinese property developers betting on ‘revenge spending’ could go bankrupt instead
Emperor, biggest landlord on Hong Kong’s Russell Street, world’s most expensive shopping avenue, reports US$464.5 million loss

Emperor International Holdings, the biggest landlord on Hong Kong’s Russell Street, the world’s most expensive shopping avenue last year, reported a net loss of HK$3.6 billion (US$464.5 million) for the 2019-2020 financial year on Tuesday.

24 Jun 2020 - 7:00AM

Emperor International Holdings, the biggest landlord on Hong Kong’s Russell Street, the world’s most expensive shopping avenue last year, reported a net loss of HK$3.6 billion (US$464.5 million) for the 2019-2020 financial year on Tuesday.

Emperor, biggest landlord on Hong Kong’s Russell Street, world’s most expensive shopping avenue, reports US$464.5 million loss
Apply Daily publisher Next Digital reports wider full-year loss of US$53 million

Next Digital, which publishes the pro-democracy Apple Daily newspaper in Hong Kong and Taiwan, reported a wider loss for the 2019-2020 financial year late on Monday, adding that it expected ‘Choppy waters ahead’.

23 Jun 2020 - 9:43AM

Next Digital, which publishes the pro-democracy Apple Daily newspaper in Hong Kong and Taiwan, reported a wider loss for the 2019-2020 financial year late on Monday, adding that it expected ‘Choppy waters ahead’.

Apply Daily publisher Next Digital reports wider full-year loss of US$53 million
Why Hong Kong manufacturers struggle to revitalise factories in China’s Greater Bay Area

Hong Kong manufacturers with operations in the Greater Bay Area are facing a host of challenges, ranging from burdensome regulations to rising costs, a new report says.

19 Jun 2020 - 9:44PM

Hong Kong manufacturers with operations in the Greater Bay Area are facing a host of challenges, ranging from burdensome regulations to rising costs, a new report says.

Why Hong Kong manufacturers struggle to revitalise factories in China’s Greater Bay Area
Hong Kong protests and coronavirus see Prada, Tissot make way for cheap phone store on world’s most expensive shopping street

With rents plunging amid an exodus of high-end fashion brands, the famously exclusive Russell Street in Hong Kong is welcoming a humbler type of retailer.

17 Jun 2020 - 4:02PM

With rents plunging amid an exodus of high-end fashion brands, the famously exclusive Russell Street in Hong Kong is welcoming a humbler type of retailer.

Hong Kong protests and coronavirus see Prada, Tissot make way for cheap phone store on world’s most expensive shopping street
Neighbours shocked by armed kidnap of Midea tycoon He Xiangjian at his well-guarded luxury villa in Foshan, China

The upmarket residential golf resort where Midea’s founder He Xiangjian was abducted has 24-hour manned security booths at the main gate and various checkpoints, while He reportedly has his own security guard.

15 Jun 2020 - 6:38PM

The upmarket residential golf resort where Midea’s founder He Xiangjian was abducted has 24-hour manned security booths at the main gate and various checkpoints, while He reportedly has his own security guard.

Neighbours shocked by armed kidnap of Midea tycoon He Xiangjian at his well-guarded luxury villa in Foshan, China
Hong Kong’s new flat sales rise, but demand to fall way short of the projected 30,000 units to be launched this year

New flat sales to reach a maximum of 15,000 units this year as the pent-up demand is likely to end soon.

13 Jun 2020 - 10:00AM

New flat sales to reach a maximum of 15,000 units this year as the pent-up demand is likely to end soon.

Hong Kong’s new flat sales rise, but demand to fall way short of the projected 30,000 units to be launched this year
Coronavirus: Shenzhen housing watchdog vows to rein in buying frenzy after police disperse 3,000 people queuing at new project launch

The move follows crazed scenes in Guangming district where huge crowds shrugged off concerns about Covid-19 and queued at midnight to get their hands on 394 new homes.

13 Jun 2020 - 9:17AM

The move follows crazed scenes in Guangming district where huge crowds shrugged off concerns about Covid-19 and queued at midnight to get their hands on 394 new homes.

Coronavirus: Shenzhen housing watchdog vows to rein in buying frenzy after police disperse 3,000 people queuing at new project launch
Joseph Lau’s wife takes control of Chinese Estates after tycoon’s eldest son and chairman transfers entire stake

Lau Ming-wai, 39, transfers his 25 per cent stake in the Hong Kong-listed developer to his stepmother amid rumours he is pursuing a role in government.

11 Jun 2020 - 10:54PM

Lau Ming-wai, 39, transfers his 25 per cent stake in the Hong Kong-listed developer to his stepmother amid rumours he is pursuing a role in government.

Joseph Lau’s wife takes control of Chinese Estates after tycoon’s eldest son and chairman transfers entire stake
Hong Kong’s office market is hollowing out as vacancy rate hits 10-year high. Who can save the landlords?

Hong Kong’s office vacancy rate has risen to the highest level in a decade in a market punished by political and public health crises. Who can save the landlords as tenants bolt?

11 Jun 2020 - 11:59PM

Hong Kong’s office vacancy rate has risen to the highest level in a decade in a market punished by political and public health crises. Who can save the landlords as tenants bolt?

Hong Kong’s office market is hollowing out as vacancy rate hits 10-year high. Who can save the landlords?
Jeweller Folli Follie becomes latest victim of coronavirus, protests, shuts all shops and lets go of 60 employees in Hong Kong

The jewellery and watch retail chain operator will exit the city, making it the latest victim of the coronavirus pandemic and the city’s anti-government protests.

9 Jun 2020 - 10:19PM

The jewellery and watch retail chain operator will exit the city, making it the latest victim of the coronavirus pandemic and the city’s anti-government protests.

Jeweller Folli Follie becomes latest victim of coronavirus, protests, shuts all shops and lets go of 60 employees in Hong Kong
Shamrock Hotel, favourite haunt of Bruce Lee’s family, to shut on June 14, as two in three rooms sit empty in Hong Kong’s recession

Hong Kong hotels were the biggest losers in Asia’s hospitality industry in the first-quarter, as travel bans and lock-down orders to contain the global coronavirus pandemic kept business travellers and tourists away, hitting the financial hub particularly hard.

8 Jun 2020 - 3:27PM

Hong Kong hotels were the biggest losers in Asia’s hospitality industry in the first-quarter, as travel bans and lock-down orders to contain the global coronavirus pandemic kept business travellers and tourists away, hitting the financial hub particularly hard.

Shamrock Hotel, favourite haunt of Bruce Lee’s family, to shut on June 14, as two in three rooms sit empty in Hong Kong’s recession