A Hong Kong amateur photographer who found a “decisive moment” when capturing an image of a leaping girl in an illuminated tunnel was voted the winner of People’s Choice award in the National Geographic Travel Photographer of the Year competition. ( read original story ...)
Hong Kong visitors can now take the ferry to Disneyland
Visitors wanting to go to the Disneyland Resort in Hong Kong will now be able to arrive over water as well as over land. From Sunday onwards, the Central to Discovery Bay ferry will stop at the theme park in the morning on weekends and on public holidays ... ( read original story ...)
Chinese firm eyes ‘strata-sales’, high debt for flipping Hong Kong towers
HONG KONG (Reuters) - A Chinese company plans to emulate a risky property strategy in Hong Kong that was used last year to buy a skyscraper from the tycoon Li Ka-shing, taking on a high degree of debt and selling off individual floors before the ... ( read original story ...)
Hong Kong to Charge Additional Rates on Unsold Primary Homes
Australia and Canada have vacancy taxes on home-owners. In Hong Kong, developers typically sell new units in batches, holding apartments back to reap higher prices. Some rushed to sell flats on news that the government was mulling a levy, according to the ... ( read original story ...)
A Hong Kong airport fourth runway may be good for business, but it would be terrible for the environment
“If you build it, they will come.” That was the line quoted by Kevin Costner’s character in the 1989 movie, Field of Dreams. The sentence has now entered the popular vernacular to roughly mean, if you build something, it can create its own demand. ( read original story ...)
Pricey Hong Kong set to impose vacancy tax on empty new flats
HONG KONG (Reuters) - Hong Kong proposed a vacancy tax on empty new homes on Friday in an attempt to discourage developers from hoarding, but analysts expect the measure to have little impact on prices in a property market rated the world’s least affordable. ( read original story ...)
Xiaomi’s shrinking IPO shows tougher climate for China tech
Xiaomi's big Hong Kong IPO is shrinking. The Chinese smartphone maker is set to raise about 36 billion Hong Kong dollars ($4.7 billion) after pricing its public offering at the bottom of the planned range, a person familiar with the IPO told CNNMoney. ( read original story ...)