Homebuyers should be required to hire a surveyor to check for illegal structures on properties before valuation.
Why Hong Kong has grown into a crypto hub — CEO of WOW Summit
Hong Kong has rapidly become a cryptocurrency hub, positioning itself as a center for financial innovation alongside the United Arab Emirates (UAE) and Singapore. Ivan Ivanov, global CEO of WOW Summit …
‘Too early’ to consider slashing civil servants’ pay to cut costs, finance chief says as HK$100 billion deficit looms
It is “too early” to consider pay cuts and salary freezes for civil servants as a cost-cutting measure, Hong Kong’s finance minister has said.
Hong Kong central bank warns against unauthorized finance firm
The firm reportedly does not have authorization to take deposits. The Hong Kong Monetary Authority (HKMA) has warned against a firm named “Greenland Finance Company Ltd” operating through a specific …
Hong Kong central bank warns against unauthorized finance firm
The firm reportedly does not have authorization to take deposits. The Hong Kong Monetary Authority (HKMA) has warned against a firm named “Greenland Finance Company Ltd” operating through a specific …
Finance Minister meets Bahrain’s Honorary Consul to Hong Kong
Manama, Dec. 12 (BNA): Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, received Oscar Chow, Honorary Consul of Bahrain to Hong Kong, in the presence of Shaikh Abdulla …
Finance Minister meets Bahrain’s Honorary Consul to Hong Kong
Manama, Dec. 12 (BNA): Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, received Oscar Chow, Honorary Consul of Bahrain to Hong Kong, in the presence of Shaikh Abdulla …
Mystery big spender snaps up 26 Hong Kong flats for HK$150 million in 1-day shopping spree
A mystery buyer splurged HK$150 million (US$19.3 million) to snap up 26 new flats in Hong Kong’s Kai Tak district in a one-day shopping spree. The flats were acquired in projects such as Double Coast …
A Hong Kong Property Dynasty’s Perpetual Dilemma
Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment banker, she was a markets reporter for Barron’s. She is a CFA charterholder.
Hong Kong residential transactions hit five-month high of 4,697 units in October
The total sales value was over HK$37 billion. Following the US cutting interest rates in November by another 0.25%, six major Hong Kong lenders lowered their prime lending rates for a second time this …