Hong Kong’s Exco gives green light to plans for Kai Tak monorail

    Hong Kong’s Exco gives green light to plans for Kai Tak monorail

    Hong Kong’s key decision-making body has approved plans for an elevated smart mass transit railway system in Kai Tak that will connect the cruise terminal and other major facilities in the area to the local MTR station. The Executive Council’s endorsement followed meetings between authorities and project critics and consultations with the public and the…

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    Hong Kong’s Henderson Land trims dividend as Iran, mainland China cloud outlook

      Hong Kong’s Henderson Land trims dividend as Iran, mainland China cloud outlook

      The earnings underscored how the city’s developers are shifting focus towards projects that can still generate cash flow, mainly high-end housing in Hong Kong and top-tier mainland cities, while waiting for offices and retail to recover. Recent geopolitical tensions, including the Iran war, had created “significant economic uncertainties”, prompting Henderson to adopt a more prudent…

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