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  • July 23, 2014
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  1. News - Hong Kong - POLITICS

    Jimmy Lai paid Paul Wolfowitz US$75,000 for help in Myanmar

    Posted Jul 23rd 2014, 04:01am by ALEX BOOKBINDER, Patrick Boehler

    ... investments were on Lai's agenda during multiple trips to Myanmar last year. They show that Lai was in talks over two developments in the nation's commercial centre, Yangon. His Hong ...

    http://www.scmp.com/news/hong-kong/article/1557390/jimmy-lai-paid-paul-wolfowitz-us75000-help-myanmar
  2. News - Hong Kong - POLITICS

    Stamp duty relief for corporate property buyers set to be voted down

    Posted Jul 15th 2014, 04:29am by JEFFIE LAM

    ... HK$2 million, which buyers have been paying since February last year. People who sold their only home and signed a preliminary contract to buy a new one within six months could get a refund ... of duty had significantly increased operating costs and discouraged foreign investment. Professor Chan Ka-keung, Secretary for Financial Services and the Treasury, reiterated that the amendments ...

    http://www.scmp.com/news/hong-kong/article/1554350/stamp-duty-relief-corporate-property-buyers-set-be-voted-down
  3. News - Hong Kong - POLITICS

    Donald Tsang goes casual for Tibet visit

    Posted Jul 18th 2014, 05:16am by NG KANG-CHUNG

    ... in the two places and encourage businesses to invest in Tibet, the reports said. A spokesman for the Office of Former Chief Executives said: "Tsang has been doing regular private tours ...

    http://www.scmp.com/news/hong-kong/article/1555940/donald-tsang-goes-casual-tibet-visit
  4. News - Hong Kong - POLITICS

    Law to affirm double stamp duty passed, 17 months after levy came in

    Posted Jul 16th 2014, 04:15am by PHILE SIU, Ada Lee

    ... proposed, second-home buyers who sold their old property within six months of signing a formal agreement to buy a new one would be entitled to a refund of the extra duty. Cheung sought to extend ... a concession under which the six months would start from completion of the purchase of the new home instead of the signing of the provisional agreement to purchase, allowing buyers more time to sell ...

    http://www.scmp.com/news/hong-kong/article/1555049/law-affirm-double-stamp-duty-passed-17-months-after-levy-came
  5. News - Hong Kong - POLITICS

    Slow progress to clear HK$6.8b funding requests to Legco Finance Committee

    Posted Jul 11th 2014, 04:56pm by Tony Cheung

    ... the meeting closed at 9.10pm, the committee had approved only the first six funding requests on its agenda. They included a hotel development project for Disneyland and cash for building a home ...

    http://www.scmp.com/news/hong-kong/article/1551993/gridlock-pan-dems-block-disputed-projects-government-blocks-fast
  6. News - Hong Kong - POLITICS

    Beijing blasts Macau's planned Occupy-style referendum as 'invalid and unconstitutional'

    Posted Jul 10th 2014, 03:19pm by Reuters

    ... meaningless. Macau's government earlier said the referendum “had no constitutional legal basis, does not have any legal basis, is illegal and invalid”. Residents of Macau, home to 35 casinos ...

    http://www.scmp.com/news/hong-kong/article/1551069/mainland-blasts-planned-occupy-style-macau-referendum-invalid
  7. News - Hong Kong - POLITICS

    Occupy Central a danger to the Hong Kong property market, Barclays Bank warns

    Posted Jul 08th 2014, 11:52pm by Joyce Ng, Jeanny Yu and Ray Chan

    ... could take a long time, and better resemble 1998 [than the two later crises]." Home prices fell 56 per cent between 1997 and 1998 after the Asian financial crisis. It took eight months ... that in such an event, it would take the city longer to recover. According to his analysis, the home-price-to-income multiple, which reflects housing affordability, stands at 13.5. This is higher than ...

    http://www.scmp.com/news/hong-kong/article/1549994/occupy-central-danger-property-market-warns-barclays-bank
  8. News - Hong Kong - POLITICS

    HSBC backtracks on Occupy Central as reason for downgrading Hong Kong’s outlook

    Posted Jul 07th 2014, 11:22pm by Joyce Ng

    ... of the bank's flagship equity investment strategy report, penned by analysts and released yesterday, stated: "We reduce Hong Kong to 'underweight' on concerns about negative news flow. ...

    http://www.scmp.com/news/hong-kong/article/1549269/hsbc-downgrades-outlook-hong-kong-economy-partly-occupy-central-fears
  9. News - Hong Kong - POLITICS

    Most marchers surveyed motivated by desire for public nomination of 2017 poll candidates

    Posted Jul 02nd 2014, 03:16am by Stuart Lau, JEFFIE LAM, Emily Tsang, Tony Cheung, James Griffiths

    ... Territories, which villagers oppose because some will lose their homes and which others see as a vehicle for developers to earn profits. "I realised that if Hong Kong people do not make ...

    http://www.scmp.com/news/hong-kong/article/1544527/most-marchers-surveyed-motivated-desire-public-nomination-2017-poll
  10. News - Hong Kong - POLITICS

    Some Hongkongers choose flags, dancing and music to mark handover

    Posted Jul 02nd 2014, 03:16am by LO WEI

    ... assessment of the state of Hong Kong, saying that income levels among the city's poorest residents were on the rise and home prices and rents were "under control". "At present, ...

    http://www.scmp.com/news/hong-kong/article/1544502/some-hongkongers-choose-flags-dancing-and-music-mark-handover

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