Why investor confidence is key to acing Hong Kong’s Northern Metropolis ‘test’

Why investor confidence is key to acing Hong Kong’s Northern Metropolis ‘test’

Hong Kong must instil investor confidence by eliminating uncertainties over the Northern Metropolis, a megadevelopment near the border viewed by Beijing as a test of the administration’s governance capability, analysts have said. The megaproject, featuring the city’s new innovation hub located in the northern New Territories, grabbed headlines again last month after a five-day visit…

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Should Hong Kong hit Redhill Peninsula homeowners with heavier fines for illegal works?

Should Hong Kong hit Redhill Peninsula homeowners with heavier fines for illegal works?

Hong Kong authorities should appeal against the “light” penalties imposed on two property owners for erecting illegal structures at their luxury Redhill Peninsula homes, experts have said, warning that the fines are not hefty enough to deter offenders. The specialists weighed in after the two property owners were told to pay more than HK$110,000 (US$14,015)…

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