New World Development Co. is racing to offload at least one asset by the end of June to meet its self‑imposed HK$27 billion ($3.5 billion) sales target and generate positive cash flow, according to people familiar with the matter.

Macau’s gaming revenue rose 14.8% in December, missing analyst expectations, in a sign that growth in the world’s biggest gambling hub might have lost some steam.

China will extend a policy scrapping value-added tax on certain home sales in a move aimed at easing the country’s persistent property slump.

Macau’s gaming revenue rose 14.4% in November, exceeding analysts’ expectation as the world’s biggest gambling hub continues to draw big bettors with perks and events.

Hong Kong tycoon Henry Cheng is seeking buyers for properties in the family’s luxury Rosewood Hotel Group as the billionaire clan races to overcome liquidity challenges connected to its real estate unit New World Development Co.

Hong Kong declared three days of mourning on Saturday for victims of the city’s deadliest fire in nearly eight decades.

Swire Group is laying off roughly 10% of employees at its Hong Kong head office, according to people familiar with the matter, as the British conglomerate seeks to streamline operations amid China’s economic slowdown.