S&P Global Ratings
S&P Global Ratings is an American credit rating agency. It is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. It publishes financial research and analysis on stocks, bonds, and commodities.
Hong Kong projected to have high housing volume in 2025
Hong Kong projected to have high housing volume in 2025
Home prices should stabilise next year.
Commercial real estate downturn spreads to banks
Post-pandemic recoveries in HK and the mainland were weaker than expected.
MTR Corp. records low property cash since 2017
S&P expects property development cash inflows to reach $1.5b to $2b yearly.
HK retail landlords boost investments amidst sector downturn
They are enhancing malls through marketing, renovations, and amenities like pet-friendly spaces.
HK insurers may need capital boosts due to new rules
The new regime could be costly for insurers.
HK’s economic growth to moderate to 2.5% in 2024: S&P Global
The per capita real GDP is forecasted to rise by 2.2% annually during 2025 to 2027.
Home prices expected to decline in 2024: report
The city's property sector is also expected to face a gradual tightening of funding until prices stabilize in 2025.
Hong Kong's office landlords resilient amidst tough market conditions: report
S&P believes office landlords will still have relatively low gearing even if fair value drops by another 30%.
Hong Kong life insurance market to improve in two years: S&P
The life segment is predicted to jump by 20% o 25% in 2023.
Residential property prices to rebound by 5%-8% in 2023
S&P Global cited China’s reopening as one of the reasons for its revival.
Banks’ credit losses to revert to pre-COVID levels ahead of end-2022
It will likely decline faster, in light of the anticipated strong economic growth in the city.
Online brokerage Futu secures “BBB” S&P rating
It is the first online brokerage in Asia Pacific to obtain an international rating.
Commentary
Don’t let ESG gaps affect your asset’s value