The tax burden for residents purchasing properties in Hong Kong after the adjustments plunged to 1.5 percent from 7.5 percent, according to estimates by property agency Midland Realty. Meanwhile, the …
With Hong Kong’s removal of property curbs unleashing a buying frenzy, here are 5 residential projects to keep an eye out for
Whether demand for homes will be sustained or not is a topic of debate, but one thing is certain, homebuyers have an abundance of choice There is a pipeline for a potential housing supply of 109,000 …
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 …
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, …
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.
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 …
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 …
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 …
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 …
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 …