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Tag: Hong Kong

Posted on October 5, 2023

Hong Kong public housing tenants to be asked to share personal data for checks on property ownership as efforts to weed out abuses ramped up

All Hong Kong public housing tenants will be asked to give authorities permission to check personal data held by government departments and banks for property ownership information, with a compulsory …

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Posted on October 3, 2023

Embattled Chinese property firm Evergrande up 20% after trading resumes in Hong Kong

Shares of embattled Chinese property giant Evergrande surged over 20% after it resumed trading in Hong Kong on Tuesday.

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Posted on October 3, 2023

Hong Kong stocks sink most in three months amid China property woes, US rate worries

Stocks in Hong Kong sank the most since early June after trading resumed following a Chinese holiday, as worries mounted on China’s weak housing market, while investors were also concerned about …

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Posted on October 3, 2023

China’s ‘opening up’ policy risks becoming an empty promise without going beyond simple business deals

Whether China’s continued opening-up policy is successful is not about choosing the right labels, but whether the rest of the world buys into them. In the early 1980s, Hong Kong investors, out of …
Posted on October 3, 2023

Stock Market Today: Asian Markets Sink, With Hong Kong Down Almost 3% on Selling of Property Stocks

Asian markets have declined following a mixed session on Wall Street, where buying was pressured by rising bond yields

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Posted on October 2, 2023

Why Hong Kong’s law on illegal structures is a mess

There was something engagingly optimistic about the official estimate that the Red Hill Estate – where some homeowners’ illegal extensions were blamed for dangerous landslips during recent rough …

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Posted on October 1, 2023

Scrapping Hong Kong property curbs would be welcomed, but not sufficient to fix what ails the flagging sector: analysts

Any government rollback of property cooling measures is likely to boost home sales in Hong Kong, but even completely scrapping the measures would not be enough to revive a market that is grappling …

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Posted on October 1, 2023

Hong Kong halts trading of Evergrande shares as chairman detained

Market regulators in Hong Kong suspended trading Thursday in shares of the troubled Chinese property giant Evergrande after reports founder and chairman Hui Ka Yan is under house arrest.

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Posted on October 1, 2023

Hong Kong sees improved retail property sales transactions

A retail unit was recently sold for HK$370m. Buoyed by the revival in tourist arrivals and the improved labour market, Hong Kong’s retail market remained stable. According to a Knight Frank report, …

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Posted on September 29, 2023

IFC’s Hong Kong-based regional head to lead climate and sustainability efforts in East Asia, Pacific

Anna Ng, as IFC’s regional head of operations for East Asia and the Pacific, will focus on strategy implementation as well as fundraising efforts IFC and HKMA have launched initiatives to tackle …

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