Property Development

New World Properties’ market cap has surged after reports that Blackstone is in advanced talks to become its largest shareholder, sparking a sharp re-rating in the stock. For months, the company traded at distressed levels as investors priced in refinancing risk, falling property valuations, heavy leverage, and leadership uncertainty.

As of January 30, 2026, Hong Kong’s property market has spent the first month of the year doing two things at once: confirming a late‑2025 recovery narrative (especially in new‑home sales and prime offices in Central), while also exposing how uneven that recovery still is across districts and asset types.

Hong Kong's property market shows recovery signs in late 2025 after a six-year correction. Learn about residential price trends, commercial real estate, and our 2026 forecast

The Tai Po fire killed 161 people, but was the bamboo scaffolding really to blame? Explore the facts, the debate, and what it means for Hong Kong's property market.