https://www.scmp.com/rss/524070/feed Edward Chan is a Director and Lead Analyst in the Corporate Ratings group at S&P Global Ratings, based in Hong Kong. Before joining S&P Global Ratings in 2019, he gained over 14 years of investment research experience from buy-side and sell-side roles, including at Goldman Sachs. He holds CFA, FRM, and CPA qualifications. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Zhu Wenqian Zhu Wenqian Mainland China’s first-tier home prices edged up 0.2 per cent in March, rising after nine months of losses and no change in February, but it is too soon to declare the property market stable without sustained improvement in homebuying demand, according to analysts. Compared with a month earlier, March home prices were flat in Beijing, rose 0.3 per cent in Shanghai and Guangzhou, and gained 0.2 per cent in Shenzhen, according to data released by the National Bureau of Statistics (NBS) on... https://www.scmp.com/business/article/3350276/new-home-prices-chinas-biggest-cities-record-first-rise-10-months?utm_source=rss_feed https://www.scmp.com/business/article/3350276/new-home-prices-chinas-biggest-cities-record-first-rise-10-months?utm_source=rss_feed Thu, 16 Apr 2026 07:00:20 +0000 Zhu Wenqian Zhu Wenqian Shanghai has become the latest mainland Chinese city to lower the minimum down payment requirement for loans on commercial-use properties – including shops and business flats – from 50 per cent to at least 30 per cent. Analysts said the move could help reduce excess inventory in the struggling commercial real estate market, though stronger measures might still be needed. “There is still a meaningful gap between the minimum down payment ratio for residential properties and that for mixed-use... https://www.scmp.com/business/article/3346878/shanghai-joins-major-cities-loosening-commercial-property-loan-rules?utm_source=rss_feed https://www.scmp.com/business/article/3346878/shanghai-joins-major-cities-loosening-commercial-property-loan-rules?utm_source=rss_feed Tue, 17 Mar 2026 08:30:40 +0000 Peggy Ye Peggy Ye Global investment banks are rallying behind a more bullish view of Hong Kong’s housing market, with JPMorgan Chase and Goldman Sachs joining Morgan Stanley in forecasting double-digit price gains after a stronger-than-expected rebound. Morgan Stanley was the first major bank to forecast a 10 per cent increase in home prices in January, which was widely seen as aggressive at the time. With fresh data bolstering signs of a recovery, other banks have also lifted their 2026 estimates. According to a... https://www.scmp.com/business/article/3344361/more-banks-catch-hong-kongs-housing-rebound-upgrade-market-forecast?utm_source=rss_feed https://www.scmp.com/business/article/3344361/more-banks-catch-hong-kongs-housing-rebound-upgrade-market-forecast?utm_source=rss_feed Mon, 23 Feb 2026 23:30:08 +0000 Peggy Ye Peggy Ye Major financial institutions, including Citi and Bank of America, are increasingly optimistic about Hong Kong’s residential property market this year, as lower mortgage rates and strong leasing demand change buying behaviour. Citi raised its home price forecast to 8 per cent this year, up from 3 per cent in October, citing a faster-than-expected rebound last year. “[There will be] further acceleration in 2027 under a multi-year upcycle,” said Griffin Chan, an analyst at Citi Research, on Friday.... https://www.scmp.com/business/article/3339616/hong-kong-property-citi-lifts-forecast-after-morgan-stanleys-upgrade?utm_source=rss_feed https://www.scmp.com/business/article/3339616/hong-kong-property-citi-lifts-forecast-after-morgan-stanleys-upgrade?utm_source=rss_feed Mon, 12 Jan 2026 10:47:59 +0000 Dennis Lee Dennis Lee I often wonder whether my architectural career peaked in 2006 – not because I had already accomplished a lot or designed my masterpiece – but because that was the year I resigned from Gehry Partners. As exciting as it was to return to Hong Kong, I left the world’s most famous architectural practice wondering if I would ever collaborate on projects as high-profile, emotionally striking and complicated as those I had worked on in my five formative years there. Considered by some the original... https://www.scmp.com/opinion/hong-kong-opinion/article/3335809/frank-gehrys-vision-hong-kongs-arts-hub-was-opportunity-lost?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3335809/frank-gehrys-vision-hong-kongs-arts-hub-was-opportunity-lost?utm_source=rss_feed Sun, 14 Dec 2025 01:30:10 +0000 Cao Li Cao Li China’s vast property market is expected to continue to decline at least through the next year, according to S&P Global Ratings. “We estimate nationwide primary property sales will fall 8 per cent in 2025 and between 6 to 7 per cent in 2026, as overall demand remains soft,” said Edward Chan, director at S&P Global Ratings, at a webinar on Thursday. This will continue to put pressure on Chinese developers, many of which are going through the challenge of delivering homes, while maintaining their... https://www.scmp.com/business/china-business/article/3329283/chinas-property-market-poised-decline-least-through-2026-sp-analyst-says?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3329283/chinas-property-market-poised-decline-least-through-2026-sp-analyst-says?utm_source=rss_feed Thu, 16 Oct 2025 23:30:09 +0000