A bank trying to unload a luxury mansion in Hong Kong formerly owned by a Chinese property tycoon has slashed its price by about 60%, reflecting the tepid demand for high-end real estate. The house at 15 Gough Hill Road is on offer for about HK$700 million ($90 million) to HK$800 million, compared with a…
China has eased visa rules for Shenzhen residents traveling to Hong Kong, allowing unlimited visits within a year instead of the previous one-trip-per-week limit. Starting Dec. 1, residents of the southern Chinese tech hub will be able to apply for multiple-entry visas to Hong Kong, accordingBloomberg Terminal to state broadcaster China Central Television. Source link
For the first time on Thursday, Hong Kong’s stock exchange will keep its markets open through severe weather. The Hong Kong Observatory saidBloomberg Terminal it will issue a so-called Typhoon Signal 8, the third highest, at 11:10 p.m. local time Wednesday as tropical storm Toraji is edging closer to the Pearl River Estuary and local…
Hong Kong is losing one of its longest-serving markets regulators as Keith Choy prepares to step down, according to people familiar with the matter. Choy, senior director of the Intermediaries Supervision Department, will leave the Securities and Futures Commission after 26 years, the people said, asking not to be identified discussing private information. A notice…