former deputy director of Xinhua News Agency, struck a sympathetic tone as he talked about the city where he was stationed for 13 years until his retirement in 1998. Xinhua’s Hong Kong branch was the predecessor of the central government’s liaison ... ( read original story ...)
Hong Kong cannot develop different set of politics from China, Beijing legal expert says
The legal chief of Beijing’s liaison office in Hong Kong says Hongkongers should wake up from the “illusion” that they can develop a different set of politics from China under “one country, two systems”, declaring that “all politics is central”. ( read original story ...)
Parking spot in Hong Kong goes for $664,300
The spot, located in the ritzy Upton apartment complex in western Hong Kong, is only 188-square-feet. That’s slightly bigger than a regular parking space anywhere else, about four times the size of a king-size bed and one-fifteenth the size of a tennis ... ( read original story ...)
Hong Kong parking space sold for $664,000
But what does he park in it? A business executive paid $664,000 for a parking space in his ritzy Hong Kong apartment building, according to property records, setting a new record for the city by $50,000. The South China Morning Post reports that Kwan Wai ... ( read original story ...)
Hong Kong Follows Fed With Hike in Threat to Property Boom
Local banks have been reluctant to pass on higher costs Hong Kong’s de facto central bank followed the Federal Reserve and boosted interest rates for a third time since December, elevating the risk of a selloff in the world’s priciest housing market. ( read original story ...)
Hong Kong Parking Space Sells for Record $664,300, Ming Pao Says
Hong Kong just set another property-price record. This time, it was for a parking space. A 188-square-foot space on Hong Kong island sold for HK$5.18 million ($664,300), or HK$27,500 a square foot, last month, newspaper Ming Pao reported Wednesday ... ( read original story ...)
Hong Kong lacks official strategy on viral hepatitis, study finds
A study by a Hong Kong university has found that the city’s government lags behind other Asia-Pacific jurisdictions in terms of preventing and treating chronic viral hepatitis – linked to liver cancer. Chinese University researchers surveyed 13 ... ( read original story ...)
Prized Hong Kong parking space sold for record US$664,000
Its property prices are famously sky-high but now a Hong Kong parking space has been sold for an eye-watering HK$5.18 million (US$664,200) in what local reports said was a world record. The space is on the first floor at a luxury apartment complex near the ... ( read original story ...)
Hong Kong Stock Rally Seen Immune to Currency Drop, for Now
City’s pegged currency has declined most in Asia this year Hang Seng stock index has rallied 18% amid ample liquidity The Hong Kong dollar may be sliding into the weak end of its trading band, yet money managers see no reason for stock investors to turn ... ( read original story ...)
Hong Kong’s top court upholds property tycoon’s graft conviction
HONG KONG Hong Kong's top court on Wednesday upheld a corruption conviction against a billionaire property tycoon, putting an end to a years-long landmark court battle that exposes the cosy ties between government officials and powerful tycoons. ( read original story ...)
Hong Kong election officials ‘may face punishment’ over case of missing laptops with voters’ data
The officials responsible for the missing laptops that contained the personal information of 3.78 million voters may face disciplinary action, Secretary for Constitutional and Mainland Affairs Raymond Tam Chi-yuen said on Tuesday. Releasing the results of ... ( read original story ...)
Hong Kong leader vows ‘utmost’ effort to fix notorious pension fund problem, but has only two weeks left
With only two weeks left on the job, Hong Kong’s leader has vowed to do his “utmost” to scrap a controversial arrangement that allows employers to dip into workers’ pension funds for severance and long-service payments. Chief Executive Leung Chun ... ( read original story ...)
Life in Hong Kong Is Harder Than Ever – Unless You’re a Tycoon
Her next paycheck isn’t for a week, and she doesn’t have enough money to feed her family of four crammed into her small, government-subsidized Hong Kong apartment. Her husband can’t work, and the kids don’t understand why their mother keeps buying ... ( read original story ...)
Hong Kong Jockey Club tells Tommy Berry he can’t ride Chautauqua in The Everest
TEAM Hawkes are in no rush to lock in a rider for Chautauqua in The Everest this spring after Tommy Berry’s bid to ride The Grey Flash in the $10 million race was rejected by the Hong Kong Jockey Club on Tuesday. Berry will join the Hong Kong jockey ... ( read original story ...)