HONG KONG, Nov. 1 (Xinhua) -- The government of China's Hong Kong Special Administrative Region (HKSAR) vowed on Wednesday to further improve its business environment, after a World Bank annual report re-affirmed Hong Kong's position as one of the world's ... ( read original story ...)
HK 5th in World Bank report
Hong Kong has been ranked fifth in the world's easiest places to do business, reaffirming the Government's incessant efforts in business facilitation. The Government made the statement today after the World Bank's Doing Business 2018 report was released ... ( read original story ...)
Hong Kong seeks law banning booing of China’s national anthem
according to the official Xinhua news agency. “It is urgent and important to apply the National Anthem Law in Hong Kong in a bid to prevent and handle such offences.” ( read original story ...)
HK drops to fifth in world business city rankings
Hong Kong slipped down the rankings of the world's easiest places to do business, a report shows. This year, the city fell by one rung to the fifth from the year before in the World Bank's Doing Business 2018 report. The drop was mainly due to the lower ... ( read original story ...)
Yougawalla Pastoral Company sells Kimberley cattle stations to Hong Kong billionaire
Mr Hui is the founder of Hong Kong property developer Shimao Group, with projects in Asia and Australia. And now one of China's biggest property developers has expanded his interests in the Kimberley cattle industry. The deal covers 800 hectares of land ... ( read original story ...)
Razer to IPO in Hong Kong on Nov 13; gaming tech firm could be valued at up to S$6.2b
SINGAPORE - Gaming tech firm Razer is seeking to raise up to US$545 million (S$743 million) through an initial public offering (IPO) in Hong Kong that could value the company at up to US$4.55 billion. Razer, which is on a roadshow until Nov 6, has ... ( read original story ...)
Games Win Puts Focus on Banks’ Push for Gay Rights in Hong Kong
Because of the lack of legal status, some employees have refused to move to Hong Kong, according to an executive at a global bank who asked not to be identified because of the political sensitivity of the issue. But instead of easing rules, the Hong Kong ... ( read original story ...)
A tale of two cities: how home prices affect Hong Kong and Shanghai’s competitiveness
As Shanghai and Hong Kong battle for supremacy on the economic and financial fronts, property prices in the two cities could potentially become the game changer. According to a study jointly conducted by the United Nations and the Chinese Academy of Social ... ( read original story ...)
Land premiums unlikely to come down under Starter Homes scheme, Hong Kong leader Carrie Lam says
Hong Kong’s leader has poured cold water over suggestions that the government lower land premiums for developers taking part in its new housing initiative for young, middle-income families. Against the backdrop of an overheated property market ... ( read original story ...)
Sunwah Group tempts Hong Kong buyers with Ho Chi Minh City property project
Investors from Hong Kong, the top buyers of property in Ho Chi Minh City where home prices have doubled in less than 10 years, got first preference on a new tower in the Vietnamese city. Sunwah Group, a Hong Kong developer with a heavy focus on Vietnam ... ( read original story ...)
First hand property buyers borrow HK$6.3b in September
Hong Kong home buyers borrowed more last month to finance first hand properties. Mortgage loans financing primary market deals increased by 6.6 percent to HK$6.3 billion, the Hong Kong Monetary Auhority said. Mortgage loans financing secondary market ... ( read original story ...)
Li Ka-shing’s CK Asset to be Hong Kong’s top property seller with record US$6.4b sales
Cheung Kong Asset Holdings said its property sales in Hong Kong were set to hit a record HK$50 billion (US$6.409 billion) this year, making it likely to become the top property seller in the world’s most expensive city to live. “Our sales will climb to ... ( read original story ...)
Hong Kong’s property prices hit record-high in Sept, but growth cools
HONG KONG, Oct 31 (Reuters) - Hong Kong's private home prices extended their record-breaking run for the 11th straight month to reach an all-time high in September, but the pace of growth cooled in the financial hub which is often regarded as one of the ... ( read original story ...)
As China’s home prices cool, some property companies seek to reduce risks
HONG KONG (Reuters) - As the froth comes off China’s home prices, there are increasing signs that some property developers, particularly those with a heavy debt load, are becoming less aggressive. They are reducing balance sheet leverage, buying land ... ( read original story ...)