Distressed Chinese developers trying to sell luxury apartments at a new complex in Hong Kong have begun slashing prices by almost half amid mounting debt repayment pressure and intensifying …
Property developer Times China faces winding-up petition filed by Hang Seng Bank in a Hong Kong court
Debt-laden developer Times China Holdings is faced with a winding-up petition as it becomes the latest property company creditors are seeking to liquidate.
PwC Hong Kong denies claims about China Evergrande audits in anonymous letter
PwC Hong Kong has denied claims set out in an anonymous letter circulating on Chinese social media about its audit work for property developer China Evergrande Group.
Hong Kong turns to China to fill labour gaps in its construction industry
Since last July, companies in the construction and transportation industries have been able to apply to hire workers from China, marking a drastic shift in Hong Kong’s labour policy. The new policy …
Hong Kong – Court Of Final Appeal Upholds Letters Of No Consent (LNC) Regime.
Hong Kong – Court Of Final Appeal Upholds Letters Of No Consent (LNC) Regime. Legal News and Analysis – Hong Kong – …
Property developer Times China receives winding-up petition in Hong Kong
This is at least the second winding-up case against major Chinese developers this month. Read more at straitstimes.com.
Times China faces winding-up petition filed by Hang Seng Bank in a Hong Kong court
Debt-laden developer Times China Holdings is faced with a winding-up petition as it becomes the latest property company creditors are seeking to liquidate.
Cancellation of “Spicy” Hong Kong Stamp Duty Measures
Coverage of that proposal featured in an earlier legal update published on 29 February 2024 (Hong Kong Budget 2024-25: Key Highlights of Property Measures). Essentially, the Bill is confined to …
Beijing defends China’s latest crackdowns in Hong Kong
Having introduced a series of new security measures in Hong Kong, China’s director of Hong Kong and Macau Affairs has defended crackdowns on freedoms.
Residents of fire-hit Hong Kong building allowed back after cordon lifted but some decide not to return home
Residents of New Lucky House in Yau Ma Tei face blackened and burned flats, debris and exposed electrical wiring.