Chan said the city's de facto central bank, the Hong Kong Monetary Authority, would issue notices and guidelines to banks about flexible treatment of mortgage repayment, and he was confident that ... ( read original story ...)
All private flats built in Hong Kong must be at least 280 sq ft in future under new government rule
All private homes to be built in Hong Kong in future will have to be at least 280 sq ft, the government has announced. The minimum size requirement in the private sector will cover all government land ... ( read original story ...)
Hong Kong’s used home prices drop by most in 23 months as owners discount their flats to flee Covid-19 fifth wave
Lived-in home prices are on the slide as desperate owners looking to escape the ferocious fifth wave of Covid-19 offer steep discounts on their flats. ( read original story ...)
Why Hong Kong Is Now One of the Worst Places to Be in Covid Era
Hong Kong fell to second last among the 53 places scored in Bloomberg’s Covid Resilience Ranking in February, marking a rapid decline over the past few months. ( read original story ...)
Building For The Future: Hong Kong Billionaire Edwin Leong Takes The Long View On Housing
Patience is what matters to Hong Kong billionaire Edwin Leong’s venture into residential development. And with a net worth of $4.4 billion, the founder and chairman of Tai Hung Fai Enterprise can ... ( read original story ...)
Hong Kong Exchanges Touts IPO Backlog After Record Annual Profit
Hong Kong’s stock-exchange operator reported a profit equivalent to $1.6 billion, up 8.8% from the prior year but slightly lower than analysts polled by FactSet had expected. ( read original story ...)
Hong Kong Curbs, Singapore Delays Easing: Virus Update
Hong Kong may see thousands of restaurants shut down as the city ramps up its eradication campaign with some of the world’s toughest Covid curbs. Cases continue to rise in China and Singapore delayed ... ( read original story ...)
Covid Curbs Threaten a Third of Hong Kong’s Bars and Restaurants
Thousands of bars and restaurants in Hong Kong may shut as some of the world’s toughest Covid restrictions, aimed at taming a record outbreak, deal a heavy blow to the once-vibrant city’s economy. ( read original story ...)
Hong Kong bourse operator’s annual net profit rises 9%
The Hong Kong stock exchange operator's 2021 net profit rose 9% but missed expectations, as China's regulatory crackdowns resulted in fewer listings and struggling markets hurt its investment income. ( read original story ...)
Hong Kong starts vaccine requirement for restaurants, stores
Hong Kong launched a vaccination requirement to enter shopping malls, restaurants and a host of other places on Thursday as it battles an expanding omicron outbreak and tries to overcome vaccine hesit ... ( read original story ...)
Analysis-China steps in to steer Hong Kong’s COVID crisis as risks loom
As COVID-19 rages across Hong Kong at the start of a sensitive political year for China and President Xi Jinping, Beijing is determined not to be embarrassed and undermined as it was by the ... ( read original story ...)
Hong Kong’s January home prices at 11-month low, hit by COVID-19
Hong Kong private home prices dropped for the fourth consecutive month in January to the lowest since February 2021, official data showed on Thursday (Feb 24), as the financial city was hit by a new ... ( read original story ...)
Hong Kong finance chief brushes off concerns over consumption vouchers after being criticised for not offering cash
Hong Kong’s finance chief has sought to play down concerns about the decision to distribute handouts to residents in the form of digital consumption vouchers after being taken to task in some quarters ... ( read original story ...)
A Third of Hong Kong Eateries, Bars, to Close as Curbs Linger
Thousands of bars and restaurants in Hong Kong will shut as some of the world’s toughest Covid restrictions, aimed at taming a record outbreak, deal a heavy blow to the once-vibrant city’s economy. ( read original story ...)