Hong Kong plans to spend about US$3.32bil (RM14bil) on temporary apartments to help reduce the wait times for public housing in one of the world’s most expensive real estate markets.
Reed Smith and Morgan Lewis Add Debt Securities Partners to Hong Kong Practices
Reed Smith and Morgan Lewis have both appointed a new debt securities partners to their Hong Kong offices. Reed Smith and Morgan, Lewis & Bockius have each hired a debt securities partner in Hong Kong.
Hong Kong luxury apartment rents to rise by up to 5% by year-end
Rents will be subdued in the first half of the year. A Savills report reveals that Hong Kong Island luxury apartment rents are now 17% below peak levels in 2019 while townhouses are down by around 13%.
Hong Kong residents scramble to get rid of CBD products after ban lumps it with heroin, cocaine
Hong Kong has put CBD in the same class of drug as cannabis, cocaine, ecstasy, heroin, ketamine and "ice" due to difficulty in isolating pure CBD from cannabis.
Not just a shopping mall: as Hong Kong reopens, a time to fix old problems and chart new path
While Hong Kong did well during the pandemic, there are several unaddressed issues that must be resolved as the city gets back on its feet Rather than restore the status quo, leaders must fix the city ...
Hong Kong lawmakers call for rethink on ‘obnoxious’ public service facilities planned for Tseung Kwan O after proposal attracts 7,000 complaints
Lawmaker Connie Lam says she was inundated with more than 7,000 objections to plan in just two weeks Government insists sites cannot be put elsewhere because they need to be on coast Hong Kong ...
Hong Kong’s Lee Rebuffs Calls for Inquiry Into Pandemic Handling
Hong Kong’s leader dismissed calls for an independent commission to look into the city’s handling of the Covid pandemic.Most Read from BloombergWall Street Is Losing Out to Amateur Buyers in the ...
Most Hong Kong stocks decline as traders await more China recovery signals, Fed policy action
Most stocks in Hong Kong decline as traders seek more recovery signals to justify recent price rally, with one eye on the Federal Reserve policy action this week. BYD surges following a bullish ...
When pirates held a party after killing sailors on a cargo ship off Hong Kong, and went to their executions drunk and singing Ricky Martin
Pirates attacked a cargo ship off Hong Kong in 1999, killed 23 sailors, then held a party onboard. 13 pirates were sentenced to death, and went to their deaths singing a Ricky Martin song.
Hong Kong Seeks to Revive Crypto Sector Wrecked by FTX Debacle
Hong Kong is sticking with a plan to become Asia’s digital-asset capital despite the industry’s tarnished reputation, a stance drawing tentative interest from bruised crypto firms looking for paths to ...
Golf Course or Housing? A Patch of Green Divides Hong Kong
The dispute over the city’s golf club exposes rare political friction for the elite in the new Hong Kong, where the establishment is torn between defending wealth and following Beijing’s wishes.
Hong Kong stocks sink after rapid new year rally while China’s onshore market enters bull territory on Goldman upgrade
Stocks in Hong Kong slumped amid overheating concerns after rapid gains this year. Chinese stocks entered bull-market territory before surrendering some of the gains in the post-Lunar holiday rally.
Hong Kong carriers forced to cancel 150 flights to Japan as country restricts number of planes arriving from city
Cathay Pacific and HK Express will each scrap up to 15 flights per week between February 3 and March 2 to comply with Japanese government’s restrictions.
Hong Kong’s ‘Dangerous Drug’ CBD Ban to Begin
In a starkly different approach from the U.S. and many other places around the world, Hong Kong moved to ban CBD and categorize it as a dangerous drug last October, and the ban begins on Wednesday.