By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) -Standard Chartered (StanChart) on Thursday said third-quarter pre-tax profit fell by a third, much worse than analysts had expected, as it took a nearly $1 billion hit from its exposure to China’s real estate and banking sectors.
Hong Kong relaxes visa policy for Vietnamese, Lao, Nepali talents
China Hong Kong Special Administrative Region HKSAR will relax relevant visa policy to attract talents from Vietnam Laos and Nepal HKSAR Chief Exe …
Could This Developer’s Deal Lead the Way for Chinese Property Company Survival?
The activity may be in boardrooms rather than showrooms, but we soon should see which of the massed ranks of troubled Chinese property developers survive, and which collapse. Sunac China Holdings (HK:1918) has led the way, with a Hong Kong court approving …
John Lee policy address 2023: Hong Kong to relax visa rules for Vietnam, expand talent schemes to include country, Laos and Nepal
Chief executive also announces that foreign staff of overseas firms registered in Hong Kong will be able to apply for single visa allowing multiple entries to mainland China.
Hong Kong cuts taxes for foreign home buyers and stock traders as it seeks to maintain global status
Foreign professionals working in Hong Kong on eligible visa programs are no longer required to pay extra property stamp duties arising from their non-permanent residency unless they fail to become permanent residents later.
Hong Kong developer declares end of ‘golden era’ for housing profits
The chief executive of a leading Hong Kong property group has declared the end of a “golden era” for the territory’s residential developers as the government takes an increasingly active hand in boosting housing supply.
Hong Kong’s Kingboard Sucked Into China’s River Of Property Defaults
Kingboard said it has yet to collect 1.6 billion yuan it is owed by struggling developer Country Garden The Hong Kong-based laminates maker said it sees little chance of collecting the debt, and expe
Hong Kong Appeals Court: Same-Sex Couples Can Inherit Property from Partner
The court upholds a 2020 decision in a ruling that is the latest legal victory for Hong Kong’s LGBTQ+ community
Hong Kong developer declares end of ‘golden era’ for city housing
The chief executive of a leading Hong Kong property group has declared the end of a “golden era” for the territory’s residential developers as the government takes an increasingly active hand in boosting housing supply.
Washington state senator arrested in China for carrying gun through airport
Washington state Sen. Jeff Wilson says he has been arrested after arriving at Hong Kong International Airport with an unloaded revolver on Friday.