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Tag: Hong Kong

Posted on December 18, 2024

Owners of Hong Kong properties with illegal additions cannot ‘buy their way out’

Secretary for Development Bernadette Linn issues warning at Legco briefing on proposed amendments to Buildings Ordinance.

( read original story …)



Posted on December 18, 2024

Fan Bingbing sole actress invited to Hong Kong tycoon Cecil Chao’s Christmas party

Chinese actress Fan Bingbing was the only actress invited by real estate tycoon Cecil Chao to his mansion for this year’s Christmas celebration.

( read original story …)



Posted on December 17, 2024

U.S. Treasury warns Hong Kong banks on Russia ahead of Trump’s return

HONG KONG — A senior U.S. Treasury official this month met with Hong Kong financial institutions to warn them against doing business with Russia, acting on a recent letter from Congress and coming …
Posted on December 17, 2024

U.S. Treasury warns Hong Kong banks on Russia ahead of Trump’s return

HONG KONG — A senior U.S. Treasury official this month met with Hong Kong financial institutions to warn them against doing business with Russia, acting on a recent letter from Congress and coming …
Posted on December 17, 2024

Hong Kong government land sale revenues to hit HK$8-14b in 2025

And annual land premiums are expected to reach HK$10-15 billion. The Hong Kong property market is less affected by the external environment this year; demand and supply are the major factors …

( read original story …)



Posted on December 17, 2024

Central Beijing mall put up for sale by Hong Kong developer Parkview

The owner of Parkview Green, locally known as Fang Cao Di, is grappling with high mortgage payments and low occupancy, sources say.

( read original story …)



Posted on December 17, 2024

Mystery big spender snaps up 26 Hong Kong flats for HK$150 million in one-day shopping spree

All the flats were acquired in Kai Tak district in projects including Double Coast 1 and Twin Victoria, according to agents …

( read original story …)



Posted on December 16, 2024

Call for Hong Kong homebuyers to hire surveyors to check for illegal features

Homebuyers should be required to hire a surveyor to check for illegal structures on properties before valuation.

( read original story …)



Posted on December 15, 2024

Why Hong Kong has grown into a crypto hub — CEO of WOW Summit

Hong Kong has rapidly become a cryptocurrency hub, positioning itself as a center for financial innovation alongside the United Arab Emirates (UAE) and Singapore. Ivan Ivanov, global CEO of WOW Summit …
Posted on December 15, 2024

‘Too early’ to consider slashing civil servants’ pay to cut costs, finance chief says as HK$100 billion deficit looms

It is “too early” to consider pay cuts and salary freezes for civil servants as a cost-cutting measure, Hong Kong’s finance minister has said.

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