The continuing unrest in Hong Kong is estimated to have wiped out $15 billion of the city’s wealthiest, sounding a warning bell for the luxury and real estate market

Stephen Hung has bought 30 Phantoms to chauffeur guests at a luxury resort he is building in the global gambling capital of Macau.

Stanley Ho recently matched his own world record price paid for a truffle when he bought a couple white truffles for a total cost of $330,000 at a truffle auction. The billionaire made his winning bid through representatives at the event held at his own Grand Lisboa hotel in Macau last week end. Ho’s winning […]

A rare residential site on Hong Kong’s prestigious Victoria Peak fetched 1.33 billion US dollars at auction Wednesday, boosting one of the world’s most dizzying luxury property markets. The plot of land at 103 Mount Nicholson Road, which offers a panoramic view of Hong Kong’s world-famous Victoria Harbour, was snapped up by Nan Fung Group […]

Hong Kong’s billionaire tycoons enjoy a status close to royalty in Asia’s wealth-obsessed financial hub. The city’s richest man Li Ka-shing has the fame of a movie star, while the court case involving the will of eccentric pig-tailed billionaire Nina Wang last year enthralled Hong Kong with its brew of sex, money and power. But […]

Hong Kong officials said Wednesday they will look into the controversial sale of a luxury flat that fell through months after its developer said it had snatched world-record price. Property giant Henderson Land Development revealed on Tuesday that sales of as many as 20 out of the 24 units at “39 Conduit Road” had been […]