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Tag: Hong Kong

Posted on March 6, 2024

Analysis-As China’s Xi summons ‘new productive forces’, old questions linger for economy

By James Pomfret, Kevin Yao and Ellen Zhang HONG KONG/BEIJING (Reuters) – Facing its deepest economic challenges in years, China’s leadership has tasked ministries and local governments with …
Posted on March 4, 2024

Exclusive: ‘I’m so excited to have opportunity to serve my country and people,’ says Taiwan-born NPC deputy from Hong Kong

As a Taiwan-born lawmaker who is based in Hong Kong … as well as its expertise in accounting, law, and property rights protection, actively participating in the construction of the Greater Bay Area, …

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Posted on March 3, 2024

Evergrande chairman’s second seized Hong Kong mansion put up for sale

Hong Kong mansion formerly owned by China Evergrande Group’s chairman is now for sale, as reported by property agent Savills.

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Posted on March 3, 2024

AIA HK, Macau CEO backs finance secretary’s budget for financial sector

AIA Hong Kong and Macau’s chief executive officer expressed support for the finance secretary’s budget speech for the financial services sector and promised efforts to bolster talent-hiring for the …
Posted on February 29, 2024

China slams foreign criticism of upcoming Hong Kong’s Article 23 national security law

China on Thursday criticised British Foreign Secretary David Cameron and other foreign politicians for “smearing” an upcoming Hong Kong security law, as local authorities said feedback on the law had …
Posted on February 28, 2024

Country Garden: China property giant hit with winding-up petition

China’s biggest private property developer Country Garden is facing a liquidation petition, which has been filed in Hong Kong by a creditor. A firm called Ever Credit Ltd filed the case for …

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Posted on February 28, 2024

Hong Kong property stocks jump after city scraps cooling measures

Stocks of Hong Kong property developers rose after financial secretary Paul Chan scrapped Hong Kong’s property cooling measures in a bid to bolster the sector. In his budget speech on Wednesday, Chan …

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Posted on February 28, 2024

Hong Kong lifts curbs on property market, to spend more on tourism

Another $100 million Hong Kong dollars ($12.8 million) will go to promoting big events in the city, highlighting activities like hiking and cycling and creating a new tourism brand to “soft-sell” Hong …

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Posted on February 28, 2024

These Are the Winners and Losers From Hong Kong’s 2024 Budget

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.

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Posted on February 28, 2024

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), …

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