As credit tightens at home, Chinese sell Hong Kong luxury real estate
HONG KONG (Reuters) - Cash-strapped Chinese are scrambling to sell their luxury homes in Hong Kong, and some are knocking up to a fifth off the price for a quick...
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China’s ‘land kings’ under threat as tightening takes a toll
HONG KONG (Reuters) - The days of Chinese developers snatching up premium properties with record-breaking offers are coming to an end as cooling measures bite and sale prices are squeezed,...
As ‘African’ Chinese park money in Hong Kong, Beijing targets ‘naked’ officials
HONG KONG (Reuters) - Step by step, Chinese authorities are making life tougher for officials looking to spirit assets and family members out of the country to avoid close scrutiny...
Hong Kong leader takes aim at poverty, housing in policy speech
HONG KONG (Reuters) - Hong Kong leader Leung Chun-ying on Wednesday pledged to spend about HK$3 billion ($387 million) a year to help tackle poverty in a policy speech dominated...
Land-hungry Hong Kong looks underground, as developers eye parks
HONG KONG (Reuters) - Wild boar and water buffalo are not an image most people associate with one of the world's great global financial centres. Yet in Hong Kong, where...
China’s ‘mini-Hong Kong’ eyes Internet access, shrugs off Shanghai threat
SHENZHEN/HONGKONG (Reuters) - A planned economic zone in southern China will allow full internet freedom, similar to what will be allowed in a proposed free trade zone in Shanghai, a...
China property developers pull down shutters, hoard cash
HONG KONG (Reuters) - China's biggest property developers are sitting on $25 billion in cash as they prepare for a possible credit crunch and another round of crackdowns on real...
State-backed China Shipbuilding to raise $1.4 billion for naval buildup
HONG KONG/BEIJING (Reuters) - State-backed China Shipbuilding Industry plans to raise up to $1.4 billion through a private share sale to buy assets used for building warships, the first time...
Is struggling shipbuilder China Rongsheng too big to fail?
HONG KONG/BEIJING (Reuters) - An appeal for government financial support from China's biggest private shipbuilder presents authorities with some stark choices between protecting a big employer and its jobs or...
Democratic hopes dashed for Hong Kong 2017 election
HONG KONG (Reuters) - Hopes that Hong Kong's 2017 election will be genuinely democratic have been dashed after a senior Chinese leader said, regardless of the vote, Beijing will have...