Hong Kong’s residents, non-local homebuyers and property developers are set to benefit from the city’s annual budget, as the government scraps measures that had cooled the housing market.
Country Garden: China property giant faces liquidation petition
China’s biggest private property developer Country Garden is facing a liquidation petition, which has been filed in Hong Kong by a creditor. Country Garden failed to repay HK$1.6bn ($204.5m; £161.2m), …
Restructuring specialists boost Hong Kong staff as China property crisis stokes demand
Global restructuring specialists Alvarez & Marsal and Houlihan Lokey have boosted headcount in Hong Kong as China’s property crisis results in a surge in debt restructuring deals – making them a rare …
China Says Hong Kong’s ‘One Country, Two Systems’ Is Permanent, SCMP Reports
China’s top official in charge of Hong Kong said the city’s governing principle of “one country, two systems” will be kept as a “permanent feature,” South China Morning Post reported.
China Says Hong Kong’s ‘One Country, Two Systems’ Is Permanent, SCMP Reports
China’s top official in charge of Hong Kong said the city’s governing principle of “one country, two systems” will be kept as a “permanent feature,” South China Morning Post reported.
Finance sector briefs Xia Baolong
Secretary for Financial Services & the Treasury Christopher Hui today said the Hong Kong financial services sector gave CPC Central Committee Hong Kong & Macao Work Office Director … Connect …
Hong Kong property: discounted Mid-Levels luxury homes entice buyers amid loan distress as rates outlook improves
Will rolling back stamp duties put Hong Kong’s property market back on track? In another recent transaction, a 420-sq ft unit at The Arch in Tsim Sha Tsui was sold at HK$11.25 million last week, or 25 …
China’s quant clampdown risks damaging fragile markets for years
“The A-share market is so micro-managed, monitored and controlled by the administrators,” said Zhiwu Chen, a finance professor in Hong Kong and a former member of the international advisory board of …
China’s quant clampdown risks damaging fragile markets for years
“The A-share market is so micro-managed, monitored and controlled by the administrators,” said Zhiwu Chen, a finance professor in Hong Kong and a former member of the international advisory board of …
How infrastructure borrowing can benefit Hong Kong for decades to come
Debt financing is more efficient and equitable, with cutting spending and raising taxes unpalatable given the city’s current sluggish growth.