When journalists working for Hong Kong's fledgling Factwire news agency hit the streets of Mong Kok last week, they were looking for evidence to support a shocking story of abduction and torture. Just hours before, Howard Lam, a veteran activist and a ... ( read original story ...)
Hong Kong banks offer this year’s lowest mortgage rates for two projects in Tsuen Wan
HONG KONG: Competition in the mortgage loan business among banks in Hong Kong is heating up, with some partnering with mortgage brokers to offer this year’s lowest mortgage rate to buyers of two new developments in Tsuen Wan. Centaline Mortgage Broker ... ( read original story ...)
Hong Kong legal chief denies political motive in jailings as criticism mounts
HONG KONG (Reuters) - Hong Kong's legal chief denied any "political motive" in seeking jail for three young pro-democracy activists on Friday, responding to a Reuters report that he had overruled other legal officials who had initially advised against ... ( read original story ...)
Hong Kong divided over how to remake bourse to lure startups, as consultation draws to a pause
Hong Kong’s financial industry professionals are still divided over how they can remake the city’s stock exchange to make it the world’s most attractive place for startups and technology firms to raise capital, even as the first round of a public ... ( read original story ...)
Rivals Chinachem and Cheung Kong Property square up for buyers at adjacent developments in Tsuen Wan
Two of Hong Kong’s major developers appear to be locked in a local price war, with Chinachem Group offering a residential project in Tsuen Wan on Wednesday at prices as much as 20 per cent lower than those at Cheung Kong Property’s latest development ... ( read original story ...)
Hong Kong Home Prices Rise Despite Beijing’s Regulative Crackdown
According to a separate report from the Chinese government, Hong Kong’s housing affordability has further deteriorated, with the proportion of income spent on mortgages having risen to 67 percent in 2Q17, compared to that of 56 percent a year ago. ( read original story ...)
Hong Kong Home Prices to Grow 15 Percent in Coming 30 Months
Our analysis shows that around 1.27 million households with an income over HKD 28,000 per month can afford to buy private housing using a combination of savings and financing 70-80% of the balance through banks, non-banks and the Hong Kong Mortgage ... ( read original story ...)