He cited Article 7 of the Basic Law, which states that all land resources within Hong Kong shall be "state property." Yuen also stressed that the railway project and the joint border arrangement were initiated by the Hong Kong government. "The ... ( read original story ...)
Feds arrest man after smuggling king cobras in potato chip cans!
Special agents with the Fish and Wildlife Service had tracked shipments of exotic wildlife to and from Franco and issued a search warrant of his property. On March 2, agents intercepted a shipment from Hong Kong containing three live king cobras ... ( read original story ...)
When Lady Luck Checks Out
You could be forgiven for never having heard of 13 Holdings Ltd., a Hong Kong-listed property-management firm established to raise funds for a luxury hotel and casino in Macau. 1 Today, the development sits unfinished as the company struggles to find ... ( read original story ...)
Why Hong Kong’s Dull Dollar Has Investors Excited: QuickTake Q&A
Why has the Hong Kong dollar been so weak ... The real rate to watch is Hibor: It’s the floating rate on most new mortgages and will be the first indicator of tightening liquidity. Another rate that matters is the prime rate, which is often the ... ( read original story ...)
Demand for Vancouver luxury real estate reflects sustained Chinese attention
Over 3,000 interested parties attended its Vancouver sales gallery upon its opening in mid-June, and another 200 individuals visited its exhibition in Hong Kong just a week after launch. According to Luke Fehon, the Hong Kong-based managing director of ... ( read original story ...)
Greg Childs says Winx must tick one more box to earn ‘super champion’ status
He also rode her to victory in the Hong Kong Mile in 2000 and third in the Dubai Duty Free ... “Winx does look to have a mortgage on it and I agree but you just never know from those three-year-olds that can strengthen up from a little bit of time ... ( read original ...
Three things I wish I’d understood about money a long time ago
I paid approximately US$180,000 for a little one-bedroom walk-up flat in Central, Hong Kong. I took out a 50 percent mortgage to buy it, so my down payment after stamp duties, agents’ fees and other expenses was roughly US$100,000. I could have bought ... ( read original story ...)