Hong Kong authorities should use revenue from the legalisation of basketball betting to set up a fund for sports development and boost counselling services for gambling addicts, a leading think tank and an NGO have proposed. The city’s largest think tank Our Hong Kong Foundation on Friday urged the government to inject earnings from basketball…
Hong Kong’s property sales increased to the highest level in four months in March, as a resurgent stock market and a lower tax scheme for homes spurred sentiment, according to two of the city’s largest agencies. Sales of new and lived-in homes, shops, office units, car parking spaces and industrial properties jumped by 55 per…
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Hong Kong will introduce a series of measures for family offices to set up operations, boosting the city’s standing as a leading financial centre, according to Financial Secretary Paul Chan Mo-po. “This year, in addition to our existing tax concessions for single family offices, we will expand exemptions for funds, enhance concessions for family offices…
Hong Kong will introduce a series of measures for family offices to set up operations, boosting the city’s standing as a leading financial centre, according to Financial Secretary Paul Chan Mo-po. “This year, in addition to our existing tax concessions for single family offices, we will expand exemptions for funds, enhance concessions for family offices…
Hong Kong is channelling funds into several dozen innovative companies to further bolster the city’s appeal as a hub for technology, banking and finance compared with regional competitors like Singapore, according to Financial Secretary Paul Chan Mo-po. The Hong Kong Investment Corp (HKIC), funded by the city’s reserves, has invested in nearly 100 start-ups involved…
Hong Kong is channelling funds into several dozen innovative companies to further bolster the city’s appeal as a hub for technology, banking and finance compared with regional competitors like Singapore, according to Financial Secretary Paul Chan Mo-po. The Hong Kong Investment Corp (HKIC), funded by the city’s reserves, has invested in nearly 100 start-ups involved…
Rents in Hong Kong hit a five-and-a-half-year high in February amid an increase in demand after a lull during the holiday season, according to Centaline Property Agency, which expects rents to continue rising as economic uncertainty discourages more people from buying homes. Centaline’s widely followed Centa-City Rental Index, published on Monday, rose 0.46 per cent…
Hongkonger Shirley Chang, 82, plays pickleball regularly, takes a weekly class to learn Chinese ink painting and teaches her friends how to play bridge. The former businesswoman, who lives with a domestic helper in the Mid-Levels, said she was enjoying her retirement years by staying healthy, maintaining an active lifestyle and searching for new experiences….
A leading French aeronautic services company plans to set up an aircraft parts processing and trading centre in Hong Kong’s Northern Metropolis, which will generate thousands of jobs and open up a lucrative industry as the first of its kind in Asia, the Post has learned. A source said on Thursday that Financial Secretary Paul…