What does an improved Hong Kong property outlook mean for land sales?

    What does an improved Hong Kong property outlook mean for land sales?

    The competition could intensify at tenders for Hong Kong’s residential plots as developers replenish their land banks amid a recovering property market, with the tug of war testing their financial discipline as they bid for parcels at a “noticeable premium”, according to S&P Global Ratings, though some analysts believe that the return of confidence is…

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    Ashes to assets: calls to turn HK$30 billion waste facility into tourism, education hub

      Ashes to assets: calls to turn HK$30 billion waste facility into tourism, education hub

      Hong Kong authorities should turn a new HK$30 billion (US$3.8 billion) municipal waste incinerator in Tuen Mun into a tourist attraction and an education hub for eco-protection, lawmakers have said. Their remarks on Tuesday followed the government’s application to the Legislative Council for HK$29.2 billion to build the planned Integrated Waste Management Facilities Phase 2,…

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      ESF reserves reach HK$3.75 billion, even as government subsidies shrink

        ESF reserves reach HK$3.75 billion, even as government subsidies shrink

        The reserves of Hong Kong’s largest international school group have more than tripled to HK$3.75 billion (US$480.8 million) in over a decade, even as it taps different income sources to offset shrinking government subsidies, the South China Morning Post has found by reviewing the organisation’s annual reports. The English Schools Foundation (ESF) also said in…

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