... heme targeting first-time homebuyers in 1998. Back then, the housing price was skyrocketing, and many residents were anxious to buy their own homes. Tung also announced that the government would bu ...More
EJ Insight2019-01-09
How do you turn a 1,000-room hotel into 5,000 housing units? CK Asset Holdings (01113.HK) chairman Victor Li Tzar-kuoi has the vision to turn the company's Harbour Plaza Resort City in Tin Shui Wai ...More
EJ Insight2019-01-08
... icy by cutting the reserve requirement ratio, the problem with banks is not the lack of liquidity, but rather the lack of good lending targets. Given the importance of the property sector and the rel ...More
EJ Insight2019-01-07
... l use. Getting the approval from the Town Planning Board and the land premium negotiation are both big hurdles. Lack of infrastructure facilities was a key factor why authorities had been reluctant to ...More
EJ Insight2019-01-03
Hong Kong has witnessed the first batch of starter homes at the "eResidence" project in Hung Hom, Kowloon, being launched for sale at HK$11,692 and HK$13,969 per square foot. The “starter home” scheme ...More
EJ Insight2019-01-02
... is forecasting game will continue and guys like Wang Hanfeng will continue to pocket handsome rewards for doing that. This article appeared in the Hong Kong Economic Journal on Dec 31 Translation by ...More
EJ Insight2019-01-02
Various surveys show that Japan is constantly the top holiday destination for Hong Kong travelers. Among the 10 most popular cities Hong Kong people plan to visit during the New Year Holiday, four of ...More
EJ Insight2018-12-31
Mainland Chinese tea chain Heytea spawned a three-hour-long queue when it opened its first Hong Kong shop in Sha Tin recently, showing how pop culture on the mainland is getting widely accepted among ...More
EJ Insight2018-12-28
... le for setting long-term policy direction, it is a cross-department setup to ensure that policy recommendations will be implemented. Meanwhile, there is also the Task Force on Land Supply, established ...More
EJ Insight2018-12-27
Soon after Chinese developer Greentown China Holdings (03900.HK) announced its plan to spend 2.72 billion yuan (US$393.98 million) to acquire an 11.55 percent stake in Aeon Life Insurance, investors v ...More
EJ Insight2018-12-24
In assessing the prospects of Hong Kong's housing market, one hears all sorts of theories and various speculations. Cutting through the noise, we can say there are two "gray rhinos" that will determin ...More
EJ Insight2018-12-21
MTR passengers will get fare concessions amounting to HK$8 million in total, which represents the penalty imposed by the government on the railway operator for the service disruptions that triggered w ...More
EJ Insight2018-12-20
... al of boosting its earnings and hopefully reselling it at a good price. As long as the team can secure a spot among the top four teams in the lucrative UEFA Champions League, the club will get handso ...More
EJ Insight2018-12-20
... up not getting the goods even after making the payments. These gangs would also tempt people to sell their bank accounts, which they would then use to receive payments or launder money. Hong Kong’s ov ...More
EJ Insight2018-12-19
Wei Jie was once the poster child for young and successful real estate developers focused on the country's smaller cities. His company once boasted a contract value of more than 570 billion yuan (US$8 ...More
EJ Insight2018-12-18
... s been hosting a similar event on Dec 12, the so-called Double 12, annually since 2011. Of a smaller scale, Double 12 serves as platform to experiment with new retailing ideas. Starting from last year ...More
EJ Insight2018-12-17
... g the Sha Tin to Central rail link. All pretense that the MTR was actively monitoring this project was swept aside as was the long-running lie that the government, the corporation’s majority sharehol ...More
EJ Insight2018-12-14
... d will continue to grow. With the advance of cloud computing and technologies such as big data, multinational firms are scrambling to set up their operations in all major business hubs around the worl ...More
EJ Insight2018-12-14
The Democratic Party has suffered another setback as 59 members, mostly from the New Territories East branch, have announced that they are quitting the party. Resigning the party membership, some of t ...More
EJ Insight2018-12-13
... y for boosting trade efficiency and saving costs, but also for opening new businesses. The exchange has already set up an innovation lab to study how to improve operations through a higher level of a ...More
EJ Insight2018-12-12
