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Posted on 22/07/2022

More Hong Kong owners are selling homes at losses as emigration and rising interest rates turn city into buyers’ market

The number of loss-making lived-in home transactions surpassed 100 from March to June, much higher than a year earlier Leftover stock of new flats rose for three consecutive months to about 13,446 ... ( read original story ...)

Posted on 22/07/2022

Hong Kong billionaire to build $1.4bn cultural complex on the coast of China’s Shenzhen

Called K11 ECOAST, the development is reportedly worth $1.4bn and will span more than 2.4 million sq. ft. Located at the waterfront of Shenzhen, a fast-growing region in southeastern China, the ... ( read original story ...)

Posted on 22/07/2022

No Intention to Change USD Currency Peg, Hong Kong Monetary Authority Chief Says

By Clarence Leong The head of the Hong Kong Monetary Authority, the city's de facto central bank, on Friday defended the local currency's peg to ... ( read original story ...)

Posted on 22/07/2022

Gems, bank deposits among assets of Nirav Modi attached by ED in Hong Kong

Some assets of Nirav Modi group of companies in Hong Kong were identified in the form of gems and jewelleries lying in private vaults and bank balances in accounts maintained there and these have been ... ( read original story ...)

Posted on 22/07/2022

ED attaches jewels, bank deposits worth Rs 253 cr of Nirav Modi’s firms in Hong Kong

Some assets of Nirav Modi group of companies in Hong Kong were identified in the form of gems and jewelleries lying in private vaults and bank balances in accounts maintained there and these have been ... ( read original story ...)

Posted on 22/07/2022

ED attaches gems, bank deposits worth over ₹253 cr of Nirav Modi group in Hong Kong

The Enforcement Directorate Friday said it has attached gems, jewellery and bank deposits worth ₹253.62 crore of companies linked to fugitive diamond merchant Nirav Modi as part of a money laundering ... ( read original story ...)

Posted on 22/07/2022

China extends property loans at the fastest pace in three years as mortgage crisis spreads

China's banking regulator has pledged to boost lending to help developers finish stalled property projects and boost buyers' demand, as a growing mortgage boycott by homebuyers exacerbates the country ... ( read original story ...)

Posted on 22/07/2022

Loss-making deals in Hong Kong’s secondary home market jump as sellers take a hit from rising rates, emigration wave

The number of loss-making lived-in home transactions surpassed 100 from March to June, much higher than a year earlier Leftover stock of new flats rose for three consecutive months to about 13,446 ... ( read original story ...)

Posted on 22/07/2022

Hong Kong protests: teens set to face jail time for rioting

Judge rejects lawyer's call to request reports to study the possibility of alternative sentencing options Jurors earlier cleared protesters of charges of manslaughter and wounding Two young protesters ... ( read original story ...)

Posted on 22/07/2022

In Hong Kong, Publishers Barred From Book Expo Owing To Politically Sensitive Content

Publishers in Hong Kong have denounced exclusion of sellers of politically sensitive books from industry's annual trade exhibition as a new form of censorship. ( read original story ...)

Posted on 22/07/2022

Hong Kong logs 4,090 new local Covid cases

Health authorities on Friday reported 4,090 new local Covid infections and 180 imported cases, as the Hospital Authority (HA) warned that non-urgent ... ( read original story ...)

Posted on 22/07/2022

Hong Kong child abuse scandal: ex-carer jailed about 7 months, becoming second person sentenced over case linked to charity group

A former carer at a leading child protection group in Hong Kong was jailed for about seven months on Friday, becoming the second person sentenced over one of the city’s biggest scandals involving ... ( read original story ...)

Posted on 22/07/2022

‘How easy is moving from Hong Kong to a City of London firm as a junior lawyer’

I have a TC offer from a local firm but ultimately want to practice in the UK In the latest instalment in our Career Conundrums series, one aspiring lawyer is unsure where to begin their legal career ... ( read original story ...)

Posted on 22/07/2022

International arts collaboration via Zoom a new model forged in the coronavirus pandemic; Hong Kong dance troupe is a beneficiary

Dance work Colossus debuted in 2018 in Melbourne, and its choreographer, Stephanie Lake, has been directing performances online amid the coronavirus pandemic She has directed students from the Hong ... ( read original story ...)

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