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Tag: Hong Kong

Posted on September 14, 2023

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 …

( read original story …)



Posted on September 13, 2023

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.

( read original story …)



Posted on September 13, 2023

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 …

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Posted on September 12, 2023

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.
Posted on September 11, 2023

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 …

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Posted on September 11, 2023

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.

( read original story …)



Posted on September 11, 2023

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, …

( read original story …)



Posted on September 11, 2023

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.
Posted on September 10, 2023

Investors should look to Hong Kong as financing platform for belt and road infrastructure projects, city’s Paul Chan says

Finance chief touts Hong Kong as key player in China’s plan to grow global trade, pointing to city’s ample fiscal products and sound legal system ‘As the country’s international financial centre, Hong …
Posted on September 10, 2023

Investors should look to Hong Kong as financing platform for belt and road infrastructure projects, city’s Paul Chan says

Finance chief touts Hong Kong as key player in China’s plan to grow global trade, pointing to city’s ample fiscal products and sound legal system ‘As the country’s international financial centre, Hong …

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