The governments of Dubai and Hong Kong have signed an agreement to establish an economic corridor in partnership between the two cities to promote cross border trading, family offices, fintech and …
Dubai and Hong Kong establish corridor to promote family offices, fintech and green finance
The governments of Dubai and Hong Kong have signed an agreement to establish an economic corridor in partnership between the two cities to promote cross border trading, family offices, fintech and …
Owners of Hong Kong mansions should propose ways to fix damaged government slope or risk paying ‘astronomical’ costs, government adviser warns
Executive Council member Ronny Tong urges luxury homeowners in Tai Tam to take initiative in proposing how government slope they occupied should be repaired ‘It’s better for them to negotiate with the …
Investors Scour Hong Kong Hotels for Student Dorms, Rentals
In Hong Kong’s relentless property downturn, there is one bright area for investors: buying hotels and converting them into student housing or rental units.
Hong Kong Property: Challenged But Resilient
The Hong Kong property market, known for its high prices, is navigating challenges due to factors like rising rates, slow post-COVID recovery and close ties to mainland China. The office sector in …
As China’s economy hits turbulence, a top Treasury official heads to Hong Kong to deepen ties with Beijing
A top US Treasury official is heading to Hong Kong as the White House continues its quest to ease tensions with Beijing and avoid a destabilizing crisis.
HSBC to Raise Mortgage Rates in Hong Kong; Property Stocks Fall
Hong Kong banks, including HSBC, last raised mortgage rates by 25 basis points in December, after Hong Kong’s central bank hiked rates following the U.S. Federal Reserve. Interest rates in Hong Kong …
Illegal structures found at second Hong Kong luxury home after landslide from rainstorm triggers evacuation of nearby house with unsafe additions
Buildings Department also applying for court warrant to inspect third property at Redhill Peninsula after occupants refuse entry to government inspectors.
Action required on Hong Kong’s illegal structures for sake of public safety
Dangers of unapproved building work and unlawful land use revealed by rainstorm that caused havoc in Hong Kong The worst rainstorm to hit Hong Kong in more than a century has not only wreaked havoc, …
China’s Abrupt Trading Tax Cut Forces Hong Kong Into Hard Choice
China’s unexpected move to cut its stock trading tax is adding pressure on Hong Kong to follow suit, creating a dilemma for the city’s finance chief over the potential hit to government income.