Hong Kong tycoons laugh off Xi’s inequality push

Real estate is overheating while residents get gouged at the grocery store. Leader Carrie Lam wants to increase housing supply but has propped up home prices and left elite monopolies alone. So far ... ( read original story ...)

Hong Kong dreams too big on SPACs

Hong Kong’s leader Carrie Lam has given a boost to the city’s consultation on U.S.-style special-purpose acquisition companies. She flagged the plans for them in her annual policy address on Wednesday ... ( read original story ...)