The council study looked into the complicated legal regime governing Hong Kong’s property management, a HK$55 billion market that affected about 1.6 million people living in privately owned …
Russian gold is now flooding the UAE, Turkey and Hong Kong after facing sanctions in the West
Russia lost key Western buyers like JPMorgan and HSBC after its gold supplies were sanctioned by the G-7 and EU last year.
Finance chief Paul Chan signals optimism about Hong Kong economy and predicts growth of up to 5.5 per cent this year if global situation remains stable
Chan upbeat about city’s prospects after Legco approves Lee administration’s first budget by 82-0 majority Finance secretary says more support for domestic consumption on the cards as city fights to …
Hong Kong tax revenue drops HK$18.3 billion to HK$360.2 billion in 2o22-23; decline in property and stock market activity blamed
Latest tax income figures reverse upwards trend seen over past few years Inland Revenue commissioner says property market ‘not very active’ and sluggishness hit tax take for year Hong Kong’s tax …
Hong Kong tax revenue drops HK$18.3 billion to HK$360.2 billion in 2022-23; decline in property and stock market activity blamed
Latest tax income figures reverse upwards trend seen over past few years Inland Revenue commissioner says property market ‘not very active’ and sluggishness reduced tax take for year Hong Kong’s tax …
China Developer Jiayuan Gets HK Court Order to Liquidate Assets
Jiayuan International Group Ltd. has received a Hong Kong court order to dissolve and sell assets to repay overdue debt, the latest Chinese property developers to lose such a legal battle.
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.
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 …
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.
‘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 …