Even as tax relief for homebuyers fades into history, the UK real estate market continues to showcase robust price growth. According to recent data from property site Rightmove, the asking prices for homes this month are 1.3% higher than a year ago. This indicates that despite shifts in tax policy, the demand for housing remains strong and consistent.

New World Development Co. $0017.HK, one of Hong Kong's largest property developers owned by the Cheng family, is expecting significant losses in the first half of the current financial year. A recent announcement on the Hong Kong Stock Exchange reveals projected losses from ongoing operations ranging from HKD 6.6 billion to HKD 6.8 billion (USD 849 million to USD 875 million).