New World Development, built by the Chengs – one of Hong Kong’s “big four” property dynasties, is now struggling with debt after years under a third-generation heir’s leadership, highlighting the ...
Glancing at the World Bank's statement or the IMF's review of the EFF in May 2025, things could not seem more rosy. With a real GDP growth rate of 2.7%, inflation falling to 4.7%, lower interest rates ...