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Tag: Hong Kong

Posted on May 1, 2023

Hong Kong hotel property buying spree looms as investors bet on tourism rebound, analysts say

Investors are likely to snap up more hotels in Hong Kong as tourism slowly rebounds from Covid-19 and many owners are still prepared to offer discounts, say analysts.

( read original story …)



Posted on May 1, 2023

IMG Academy sold for $1.25 billion to Hong Kong-based group

The famed IMG Academy in Bradenton, Fla. will soon have a new owner. Front Office Sports reports that a Hong Kong-based private equity group, BPEA EQT, has purchased the property from the American …

( read original story …)



Posted on April 30, 2023

Malaysia eyes easing MM2H visa rules to reignite investor interest from mainland China, Japan, Hong Kong

Malaysia is hoping to lure back Asia’s rich, after tweaks to its golden visa programme during the pandemic led to a plunge in applications.

( read original story …)



Posted on April 30, 2023

‘Happy Hong Kong’ campaign, spending vouchers set to reinforce city’s economic recovery, finance chief Paul Chan says

Financial Secretary Paul Chan says the two programmes can help consolidate second quarter’s economic recovery and positive market expectations Government is taking a ‘moderately liberal’ fiscal stance …
Posted on April 30, 2023

Malaysia eyes easing MM2H visa rules to reignite investor interest from China, Japan, Hong Kong

Malaysia is hoping to lure back Asia’s rich, after tweaks to its golden visa programme during the pandemic led to a plunge in applications A minister says the visa process and financial requirements …

( read original story …)



Posted on April 30, 2023

China’s largest auction houses plan to take on western rivals

Poly’s efforts to sell more western works on the Chinese market, however, come as Christie’s, Sotheby’s and Phillips, the world’s three major auction houses, have all announced plans to move into newer and larger Hong Kong offices as they hope to capitalise on the recovery.
Posted on April 29, 2023

‘Happy Hong Kong’: food fair attracts thousands, finance chief Paul Chan joins in culinary fun

Attendees swarm booths offering freebies and gourmet food samples at steep discounts Finance chief Paul Chan tries his hand at making waffles, samples chia seed and rosewater drink at two-day fair …
Posted on April 28, 2023

Singapore and Hong Kong in ‘completely different’ stages of the property cycle: Real estate company

Henry Chin of CBRE says Singapore residential and commercial real estate rents have risen substantially, but things are “bottoming out” for Hong Kong.

( read original story …)



Posted on April 26, 2023

Men and property owners likelier to use fintech in Hong Kong, PolyU survey shows

The correlation exists in virtual bank services, online brokerage services, virtual insurance, and virtual assets, but more women adopt digital payments.

( read original story …)



Posted on April 25, 2023

Abby Choi murder: Hong Kong subsidised housing purchase rules to be changed to close loophole allowing homeowners to buy properties after her former father-in-law found to own …

Public housing tenants who already own a property to be banned from buying subsidised homes, source says Move comes in wake of revelation that former father-in-law of murdered model Abby Choi owned …

( read original story …)



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