REAL ESTATE

Tycoon Thomas Kwok in brief stop outside anti-graft HQ

HONG KONG (Reuters) – Hong Kong property billionaire Thomas Kwok mystified journalists covering one of the city's biggest corruption scandals on Tuesday, driving up to the anti-graft agency's offices, parking briefly outside and then leaving without getting out of his car. Thomas Kwok, co-chairman of property developer Sun Hung Kai Properties, and his brother...

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Asia Markets: Hong Kong leads broad Asian stock losses

Most Asian markets fall, with early gains for Japanese stocks slipping away after the Bank of Japan decides against further policy loosening. Hong Kong and Australian shares drop in their first response to weak global economic data. (read the news…) Related items Asia Markets: Japan stocks fall; Hong Kong rebounds on banks Asia Markets:...

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Hong Kong’s Tsang ‘Highly Concerned’ About Property Price Bubble

Hong Kong Financial Secretary John Tsang said he’s ready to step in if there are signs of overheating in the property market and warned property buyers not to “blindly” follow the market. (read the news…) Related items Hong Kong’s Tsang Sees Property ‘Soft Landing,’ Backs Peg Hong Kong’s Tsang Sees ‘Soft Landing’ for Property,...

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Wealth-X Reports: Hong Kong Tycoons Lose $1 Million Per Minute After Arrest

HONG KONG, April 4, 2012 /PRNewswire/ — Hong Kong tycoons Thomas and Raymond Kwok, Co-Chairmen of Hong Kong's largest property development company, lost together US $1.2 million of their combined net … (read the news…) Related items Arrested Hong Kong billionaires say did "nothing wrong" HK tycoon brothers in graft probe deny wrongdoing HK graft...

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Hong Kong's border war over 'green buffer'

Sandwiched between Hong Kong and Shenzhen — two of the world's busiest metropolises — lies a Cold War-era anomaly: a 26 square kilometer green zone that is home to isolated villages, fishponds and flocks of migratory birds. (read the news…) Related items Mainland Chinese Occupy Less in Hong Kong’s New Home Market Volatile Hong...

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Hong Kong property tycoons protest innocence after arrests

Two of Hong Kong's biggest property tycoons who were arrested last week in connection with a corruption investigation protested their innocence on Tuesday. (read the news…) Related items Billionaire brothers in HK probe profess innocence Hong Kong’s Kwok Brothers Arrested Asia Markets: Asia markets rise, but Hong Kong shares slip Hong Kong mag names...

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Sun Hung Kai Scandal: Hong Kong's Fight Against Corruption

Hong Kong has been stunned by its highest-profile arrests over alleged corruption. The action was taken by the territory's tough Independent Commission Against Corruption (ICAC) against a former top government official and two property tycoons. The case resonates locally not just because three of Hong Kong's most prominent citizens are involved. The arrests come...

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Arrested Hong Kong billionaires say did "nothing wrong"

Hong Kong's billionaire Kwok brothers, whose arrest last week on suspicion of corruption has gripped the financial hub, said on Tuesday they had done nothing wrong and insisted it was business as usual … (read the news…) Related items Wealth-X Reports: Hong Kong Tycoons Lose $1 Million Per Minute After Arrest Kwok brothers claim...

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Billionaire brothers in HK probe profess innocence

Two billionaire brothers who run Hong Kong's top property developer said Tuesday they're innocent of the suspected corruption they were arrested for last week in the city's biggest graft probe in decades. (read the news…) Related items Billionaire brothers in Hong Kong probe profess innocence Eldest Kwok brother arrested by HK watchdog Hong Kong...

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HK tycoon brothers in graft probe deny wrongdoing

Hong Kong tycoon brothers Thomas and Raymond Kwok on Tuesday declared their innocence and sought to calm investors after their arrest last week as part of the city's biggest corruption probe. (read the news…) Related items Wealth-X Reports: Hong Kong Tycoons Lose $1 Million Per Minute After Arrest Hong Kong tycoon arrests put graft...

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