Page 4 - World Development Co News Today

HONG KONG (Bloomberg): Hong Kong is considering easing property taxes and visa restrictions as authorities seek to curb a pandemic brain drain that’s threatened the city’s status as an international financial hub.

Green transport is bringing HK closer to the zero vehicular emissions target and speeding up city’s progress in building a sound ecosystem for its EV industry.

HONG KONG: Hong Kong's government said on Tuesday it had no plans to relax its stamp duty on property, responding to media reports that it could consider waiving the extra stamp duty that mainland Chinese have to pay to buy property in the city.

A spokesman for the Financial Secretarys Office said there were no discussions on cutting the stamp duty on home purchases.

SHANGHAI — China shares edged up on Tuesday led by energy and renewable energy stocks, while gains were capped as COVID-19 outbreaks and tensions with the…

Falcon’s Beyond shareholders are rolling their equity positions in the company and are expected to own roughly 80 percent of the combined firm.

(March 28): Hong Kong’s property tycoons are swooping in on a rare opportunity to cherry-pick prime land and projects in mainland China as their counterparts there battle a credit crisis.

The wealth of Asia's 20 richest families has increased $33 billion richer in the last two years as per the Bloomberg Billionaires Index. In a new report, Bloomberg has highlighted how the wealthiest clans of the region are shifting their focus towards e-commerce, technology and cryptocurrency. Their combined wealth now exceeds $495 billion, more than the gross domestic product of Hong Kong or Singapore. These dynasties include the Ambanis, Hartonos, and Mistrys among others.

The order is among the most extreme in a spate of government actions to seize the firm's property and land holdings, underscoring risks to its most-prized assets.

(Bloomberg) -- The wrecking ball headed for 39 apartment blocks on a tropical island at the southern tip of China poses the latest threat for China Evergrande Group as local governments race to reclaim land ahead of a looming restructuring of the embattled developer.