AFP Chinese mainlanders are underpinning high-end residential apartment rents in Hong Kong as expatriate housing budgets in the financial industry are being slashed, according to Savills Plc. Vacancies for luxury apartments remain low and budgets of HK$40,000 (just over $5,000) to HK$100,000 per month are the most popular, according to a note from the London-based real estate services company. ...

  Bloomberg Billionaire Wang Jianlin’s $4.4 billion proposal to privatize Dalian Wanda Commercial Properties Co. drew support from Glass Lewis, which advised investors to vote for the plan. The buyout offer’s rationale is “fairly standard,” and “straightforward,” according to a Glass Lewis report seen by Bloomberg. The proxy advisory firm is “inclined to agree” that the buyout of listed shares ...

  Bloomberg For David Wong, the business of selling homes isn’t as good this year as it was in 2015, and he’s blaming that on a decline in customers from China. “The residential-property market here, especially for those priced between $2.5 million to $3 million, has been affected by China’s measures to control capital flight,” said the New York City-based ...