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Tag: Hong Kong

Posted on November 2, 2023

Hong Kong and Thailand to allow cross-border use of FPS and PromptPay digital payment systems from December

Digital payment systems developed by Hong Kong and Thailand will be ready for use in the two jurisdictions from early next month, eliminating the hassle for travellers wanting to exchange currencies.
Posted on November 1, 2023

North Korea shuts down multiple embassies, South Korea speculates financial issues are the reason

North Korea is reportedly shutting down diplomatic missions to a handful of countries around the world, including Uganda, Angola, Spain and Hong Kong.
Posted on November 1, 2023

North Korea shuts down multiple embassies, South Korea speculates financial issues are the reason

North Korea is reportedly shutting down diplomatic missions to a handful of countries around the world, including Uganda, Angola, Spain and Hong Kong.
Posted on November 1, 2023

Hong Kong property in double trouble after government rejects bids for Tung Chung site, deal flow in Oct at 7-year low

The Hong Kong government rejected all four tenders for a residential site, as they “did not meet the government’s reserve price for the site” Hong Kong’s property transaction volumes in October fell …

( read original story …)



Posted on November 1, 2023

Hong Kong student group alleges attempted forced entry of properties amid lawsuit over ownership

The Hong Kong Federation of Students (HKFS) has filed a police report after suspecting that a group of unknown men had tried to forcefully enter two of its properties. The alleged forced entry took …

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Posted on November 1, 2023

North Korea closes multiple embassies around the world

North Korea is poised to close as many as a dozen embassies including in Spain, Hong Kong, and multiple countries in Africa, according to media reports and analysts, in a move that could see nearly 25 …
Posted on October 31, 2023

Hong Kong’s Negative-Equity Mortgages Triple to 11,100 Cases

The number of negative-equity mortgages in Hong Kong more than tripled in September, a sign of continued weakness in the city’s property market.

( read original story …)



Posted on October 30, 2023

Hong Kong court dismisses firearms charge against Wash. state senator

A Hong Kong court acquitted a state Republican senator who was charged with a firearms offense last week after he was arrested at the Chinese city’s international airport with an unloaded gun in his carry-on luggage.

( read original story …)



Posted on October 30, 2023

China Evergrande winding-up hearing adjourned as it seeks new debt deal

A Hong Kong court gave China Evergrande Group a five week reprieve to come up deal with creditors or face liquidation after the embattled developer said on Monday it was working on a revised debt restructuring plan.

( read original story …)



Posted on October 30, 2023

China Evergrande winding-up hearing adjourned to Dec. 4 by Hong Kong court

A Hong Kong court on Monday adjourned a winding up hearing for property developer China Evergrande Group’s until Dec. 4. Evergrande has been in crisis since it defaulted on its debt obligations two …

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