Chen Hongtian saga: Hong Kong university pays US$334 million for tower in distress sale

Chen Hongtian saga: Hong Kong university pays US$334 million for tower in distress sale

One HarbourGate East Tower, a premium office building formerly owned by cash-strapped Chinese tycoon Chen Hongtian, has found a new owner after Hong Kong Metropolitan University (HKMU) struck a deal with the receivers, according to people familiar with the matter. The university agreed to pay HK$2.6 billion (US$334 million) for the 15-storey building in Hung…

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Hong Kong police charge man, 57, over allegedly making seditious online posts

Hong Kong police charge man, 57, over allegedly making seditious online posts

Hong Kong national security police have charged a 57-year-old man over allegedly publishing posts with seditious intentions on social platforms to incite hatred towards local and central authorities. The force said on Wednesday that officers from the National Security Department apprehended the suspect in Hung Hom the previous day. “An investigation revealed that the arrested…

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Hong Kong to look into enhancing docking facilities to promote yacht tourism: minister

Hong Kong to look into enhancing docking facilities to promote yacht tourism: minister

More than 100 foreign leisure boats have arrived in Hong Kong annually for tourism over the past few years, prompting authorities to look into expanding the city’s docking facilities to meet local and visitor demand, according to the development chief. Secretary for Development Bernadette Linn Hon-ho highlighted the plans during a radio programme on Thursday,…

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