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Prices of lived-in homes in Hong Kong fell for the first time since December, as buyers retreated to the sidelines amid worries over further interest rate increases and oversupply. ....
. Tencent Holdings, the Chinese technology giant, is ditching the old playbook of cookie-cutter office blocks for its new Shenzhen headquarters, which is being developed keeping sustainability in mind. Net City, the new development, will be as big as Midtown Manhattan at 132.6 hectares, and is coming up in the city’s Dachanwan port area. Work on the project started last month. Tencent’s green push follows a surprise commitment by Chinese President Xi Jinping last year to steer China – the world’s biggest greenhouse gas emitter – towards carbon neutrality by 2060, and given its size and influence, the WeChat operator might start a sustainability trend in China’s office market, industry observers said. ....