The Hong Kong billionaire developer sees silver lining in mainland China’s property market turmoil, readies master plan to hand over group to next generation.
Happy Hong Kong? Singapore’s Gone Laughing to the Bank
The different pace of post-pandemic recovery has created a big gulf in the economic priorities and prospects of the rival Asian financial centers.
Hong Kong voids visa of Chinese scientist behind world’s first gene-edited babies
Just hours after announcing his plan to conduct research in Hong Kong, Chinese scientist He Jiankui saw his work visa revoked on Tuesday. This year, he is slated to give a series of talks at ...
Hong Kong Wealth Creation: It’s Back To Business As Usual In 2023
The lifting of pandemic controls is expected to rev up the economy, though the risk of a global recession remains a concern.
Hong Kong’s 50 Richest 2023: Collective Wealth Edges Down Amid Hopes Of An Economic Recovery
Despite a double-digit stock market decline, the combined wealth of Hong Kong’s wealthiest dips only slightly to $324 billion.
Hong Kong’s Penthouses Face China’s ‘Common Prosperity’
Hong Kong may be one of the world’s most expensive cities, but plans to build more affordable homes have drawn howls of protests from some of its wealthiest residents.
Budget 2023-24: Hong Kong records lowest land sale revenue since 2016, prompting conservative projection for coming financial year
Government estimates it will generate HK$85 billion from land premium income, including sales of 18 sites in coming financial year.
Budget 2023-24: Hong Kong revamps investment scheme for residency – but amount needed will be ‘multiples’ of old HK$10 million threshold
Capital Investment Entrant Scheme will exclude property deals, Financial Secretary Paul Chan says Treasury chief Christopher Hui says officials will consider which asset types are allowed under the ...
Budget 2023-24: Hong Kong finance chief plans to issue infrastructure bonds and sell them to public to ease cash flow pressure
Bond scheme would ensure Hong Kong's debt levels remain at a very safe level,' says Financial Secretary Paul Chan City is on track for an economic rebound following return to post-pandemic normality, ...
Hong Kong to make $637 payment to citizens to stimulate economy
Hong Kong residents are to receive a $637 payment as part of efforts to boost the local economy the government said Wednesday.
Budget 2023-24: Hong Kong earmarks billions to drive innovation and technology industry, starting with microelectronics institute
New microelectronics institute to produce chips for electric car manufacturing to complement mainland China's tech strategies Other initiatives include funding universities and institutes to develop ...
Hong Kong Budget for ‘Happy Hong Kong’ Fails to Make Markets Smile
The frenzied recent rally in Hong Kong stocks after two terrible years is losing its legs, with little to spur the market in the city's newly announced budget.
Expat Incentives Absent from Hong Kong’s Inward-Looking Budget
Hong Kong Financial Secretary Paul Chan laid out a cautious plan on Wednesday for a return to economic growth this year, disappointing those who had hoped the city would take a more ambitious swing at ...
Hong Kong Stocks Near Correction as Growth Headwinds Mount
(Bloomberg) -- Hong Kong’s benchmark stock index fell to the brink of a ... Most Read from Bloomberg How Much Do Investors Say They Need to Retire? At Least $3 Million McKinsey Plans to Eliminate ...