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Tag: Hong Kong

Posted on December 29, 2023

Reduced threshold for sellers at old Hong Kong buildings must get balance right

Redevelopment of Hong Kong’s ageing districts is to be welcomed, but feelings of those who are affected have to be respected Legislation and the policies that come with it are essentially about …

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Posted on December 29, 2023

India, Hong Kong Bust Trade-Based Money Laundering Syndicate Using Synthetic Diamonds, 4 Held

DRI was the first to break the ring, which involved the import of inexpensive fake diamonds to an Indian Special Economic Zone (SEZ) for the purpose of remitting foreign cash overseas.
Posted on December 29, 2023

India, Hong Kong Bust Trade-Based Money Laundering Syndicate Using Synthetic Diamonds, 4 Held

DRI was the first to break the ring, which involved the import of inexpensive fake diamonds to an Indian Special Economic Zone (SEZ) for the purpose of remitting foreign cash overseas.
Posted on December 29, 2023

Hong Kong to cut costs, finance minister Paul Chan says, as possibility of continuing deficit ‘cannot be ruled out’

The Hong Kong government will have to cut costs in the coming years, finance minister Paul Chan has said, adding that he was unable to rule out a deficit continuing into the next fiscal year under …
Posted on December 29, 2023

Hong Kong to cut costs, finance minister Paul Chan says, as possibility of continuing deficit ‘cannot be ruled out’

The Hong Kong government will have to cut costs in the coming years, finance minister Paul Chan has said, adding that he was unable to rule out a deficit continuing into the next fiscal year under …
Posted on December 29, 2023

Indian, Hong Kong customs unearth trade-based money laundering case

In an exemplary case of bilateral cooperation and exchange of information, this crackdown showcases investigation and enforcement actions taken by both administrations under their respective laws to …
Posted on December 29, 2023

Hong Kong’s Commercial Property Market Faces Ongoing Challenges in 2024

According to JLL’s newly released Year-End Property Market Review and 2024 Forecast, Hong Kong’s commercial property leasing and investment markets experienced a slower-than-expected improvement in …

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Posted on December 29, 2023

China’s economy was supposed to be the comeback story of 2023. The lowest-ever foreign stock purchases didn’t help make that happen.

Foreign funds bought 44 billion Chinese yuan of mainland stocks via stock connect programs with Hong Kong — the lowest ever, per Bloomberg.
Posted on December 28, 2023

Hong Kong property agents told to warn homebuyers of the risks of buying off-plan units in mainland China, overseas markets

Estate agents in Hong Kong have been told they must warn people eyeing houses in mainland China and overseas markets of the risks associated with buying off-plan, which include units left unfinished …

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Posted on December 27, 2023

New World and China Resources to build $1.3 billion Hong Kong housing development

Hong Kong’s New World Development and Chinese state-backed China Resources Land said they will jointly build a $1.3 billion housing project in the financial city’s “Northern Metropolis” next year. In …

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