Hong

From riches to rags: Hong Kong’s veteran property traders grapple with market downturn – Model Slux

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From riches to rags: Hong Kong’s veteran property traders grapple with market downturn – Model Slux

Hong Kong’s business market declines have left among the metropolis’s once-prosperous veteran traders struggling financially, with consultants anticipating distressed gross sales to proceed amid plunging property valuations. In April, receivers took over the posh indifferent mansion in Pok Fu Lam the place “Cassette King” David Chan Ping-chi and his household had lived for the reason … Read more

CATL’s dilemma: top-of-the-range Hong Kong IPO value could take fizz out of buying and selling debut – Model Slux

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CATL’s dilemma: top-of-the-range Hong Kong IPO value could take fizz out of buying and selling debut – Model Slux

The pricing of Modern Amperex Know-how’s (CATL) Hong Kong shares on the prime finish of the vary bodes nicely for China’s main firms eyeing an inventory within the metropolis, however the richly valued supply value could damage the brand new inventory’s first-day efficiency because of its smaller-than-average low cost to the corporate’s mainland-traded shares. The … Read more

Unique | Little-known Dubai prince who made a splash with US$500 million household workplace plan in Hong Kong postpones its opening at eleventh hour – Model Slux

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Unique | Little-known Dubai prince who made a splash with US0 million household workplace plan in Hong Kong postpones its opening at eleventh hour – Model Slux

The workplace stated “pressing issues in Dubai required the Sheikh’s consideration”. Eleanor Jane Mak, the workplace’s vice-chairman and CEO, stated the matter was private and declined to elaborate. A brand new date for the official opening could be determined sooner or later and the workplace hoped for the general public’s understanding concerning the “unlucky postponement”, … Read more

Will Hong Kong’s leaner tax breaks for EVs drive patrons to cheaper fashions? Trade leaders predict increase for lower-priced, mainland-made vehicles – Cyber Information

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Will Hong Kong’s leaner tax breaks for EVs drive patrons to cheaper fashions? Trade leaders predict increase for lower-priced, mainland-made vehicles – Cyber Information

“We now have 4 fashions to promote in Hong Kong starting from about HK$500,000 to HK$2 million. After the brand new tax regime is applied in April, we’ll have just one mannequin that permits patrons to benefit from the tax incentives,” salesman Chan mentioned. What’s the excitement over Hong Kong funds? Is it time to … Read more

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