The proposed tax exemption regime for FHIVs is modelling on the existing unified tax exemption for funds. On March 8 2022, the Hong Kong SAR government released a consultation pap ... ( read original story ...)
Hong Kong Avoids Mass Trading Halt as Firms Seek Deadline Waiver
Dozens of Hong Kong companies requested last-minute extensions on a May 15 deadline to release their audited annual results, allowing them to avoid trading suspensions for now. ( read original story ...)
China property shares in Hong Kong climb on latest easing of mortgage rules
Hong Kong's Hang Seng Mainland properties Index rose nearly 4 per cent on Monday after China further eased the mortgage loan rate guidance.Chinese financial authorities on Sunday allowed a further cut ... ( read original story ...)
Investors rush to buy in first-weekend property sales despite biggest base rate rise in 22 years
“People can still afford to pay their mortgage loans with the expected rate rise. The property outlook for the Hong Kong market remains positive.” Some homebuyers are rushing to buy now in ... ( read original story ...)
Victim of Hong Kong’s costliest heist says jail terms for burglars ‘too lenient’, given HK$5 billion value of stolen items
Collector Fu Chunxiao says he intends to donate some of the reclaimed items to Hong Kong and mainland Chinese governments. ( read original story ...)
Once a shining light, foreign investors abandon Hong Kong office space as slowing economy weighs on sentiment
Average central business district office yields stood at around 2.8 per cent in the first quarter, whereas retail and industrial property yields stood at 3 and 3.4 per cent, respectively. “The one ... ( read original story ...)
Hong Kong defends local dollar in first currency intervention in 18 months, as capital flows out in pursuit of higher US yields
The HKMA bought a combined US$722 million worth of Hong Kong dollars in two interventions on Thursday Such a trend will gradually push interest rates up, including mortgage rates in Hong Kong, ANZ ... ( read original story ...)
Hong Kong defends its dollar for first time since 2019
It is a move that will add pressure at a time when the city's economy is struggling. . Read more at straitstimes.com. ( read original story ...)
Two Hong Kong hotels sell for US$295 million, as cash-rich investors bet on hospitality sector rebound once borders reopen
Two hotels changed hands in deals worth more than HK$2.3 billion (US$295 million) in Hong Kong on Wednesday, as cash-rich investors swooped in to pick up assets from the city’s slumping hospitality ... ( read original story ...)
Hong Kong retail rental market to sink while Singapore’s swims thanks to quarantine-free tourist arrivals, end of Covid-19 restrictions
Hong Kong landlords will watch retail rents drop this year, while those in the Lion City will enjoy a modest increase as it lifts Covid-19 restrictions and welcomes vaccinated visitors without ... ( read original story ...)
Chinese Online Property Platform KE Holdings Debuts in Hong Kong
KE Holdings Inc., a Chinese online property platform backed by SoftBank Group Corp., debuted in Hong Kong on Wednesday after choosing a listing path that doesn’t involve selling new shares or raising ... ( read original story ...)
WEAVE LIVING GROWS HONG KONG ISLAND FOOTPRINT WITH NEW CENTRAL & WESTERN DISTRICT PROPERTY
Pacific's leading fully-integrated lifestyle rental accommodation provider, today announces the acquisition of an en-bloc property located at 338–346 Queen's Road West in Sai Ying Pun for HKD900 ... ( read original story ...)
UK property sales to Hongkongers in London and other cities set to spike amid weaker pound, influx of migrating buyers
The pound is near a two-year low against the US dollar, and observers expect it to depreciate further, playing into the hands of Hong Kong buyers despite rising interest rates. ( read original story ...)
Guangzhou’s Nansha: a cradle for young HK enterpreneurs
Huang Fei looks at what's driving the startup boom in Guangzhou's Nansha. On the southern tip of Guangzhou, one Hong Kong investor is riding the tidal wave of entrepreneurial activities. Herro Sun saw ... ( read original story ...)