Hong Kong Retains Title of World’s Costliest Home Market

Hong Kong retained its rank as the most expensive housing market among 406 major metropolitan regions in the annual Demographia International Housing Affordability Survey for the seventh year in a row. The median price of a home in Hong Kong last year was ... ( read original story ...)

Hong Kong stocks edge up on stronger resource stocks

Jan 23 (Reuters) - Hong Kong stocks closed marginally higher on Monday, thanks to support from a solid resource sector. Both the benchmark Hang Seng index and the Hong Kong China Enterprises Index were up 0.1 percent at the close, to 22,898.52 points and ... ( read original story ...)

‘Independent kingdom’ at Hong Kong arts hub ruled out

A plan to grant the West Kowloon Cultural District Authority (WKCDA) development rights to a giant strip of hotels, offices and homes will not turn the body into a property developer ... upholding the core values of Hong Kong. In a surprise move, Chief ... ( read original story ...)

Hong Kong Customs inspects Lunar New Year fairs

Divisional Commander (Intellectual Property General Investigation), Ms Phoebe Wong, said today that Hong Kong Customs would step up inspections in different districts, including at Lunar New Year fairs, and take stringent enforcement actions against ... ( read original story ...)

Li Ka-Shing Sees Hong Kong Property Prices Rising Amid Curbs (1)

(Bloomberg) -- Hong Kong’s richest man Li Ka-shing expects property prices in the city will rise “a little bit” this year, even as the government takes steps to cool the world’s costliest real estate market. The government in November increased the ... ( read original story ...)