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  • September 23, 2014
  • Last updated: 4:59pm
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  1. Foreign ownership cap to remain

    Posted Dec 27th 2007, 12:00am by Tom Miller

    ... Tom Miller in Beijing The 33 per cent cap on foreign ownership of mainland securities joint ventures will not be raised when the regulator publishes new rules on foreign investment in the brokerage industry, the China Business News reported yesterday. Foreign investment banks had been hoping the China Securities Regulatory Commission would raise the investment ceiling to 49 per cent ...

  2. Exchange issues rules on index ownership

    Posted Jun 20th 2007, 12:00am by Tom Miller

    ... Tom Miller in Beijing Shanghai moves to prevent loss of business to rival bourses The Shanghai Stock Exchange yesterday issued new rules regarding ownership of its indices, plugging a loophole that officials fear could lead to a significant loss of business to rival stock exchanges. The new rules, which assert the exchange's ownership rights over all stock indices based ...

  3. Ownership shrouded in mist

    Posted Sep 22nd 2004, 12:00am by Peggy Sito

    ... Peggy Sito Buying a village house with a beautiful view is a home seeker's dream that can turn into a nightmare if land ownership is unclear. So, how can people be protected when buying a village house? 'Do your homework before purchasing,' Professional Property Services chairman Nicholas Brooke said. Mr Brooke said land ownership of village houses ...

  4. Future HOS buyers may be charged interest

    Posted Oct 28th 2011, 12:00am

    ... Joyce Ng joyce.ng@scmp.com Future buyers under the resurrected Home Ownership Scheme may be charged interest on the subsidies they receive from the government. This was the majority view that emerged in the Housing Authority, which met yesterday to discuss the housing scheme announced by Chief Executive Donald Tsang Yam-kuen in his policy address two weeks ago. The revised programme ...

  5. HOS sale options under review

    Posted Feb 07th 2012, 12:00am

    ... Joyce Ng joyce.ng@scmp.com Housing officials have disclosed five options for pricing new Home Ownership Scheme flats, including two intended to address concerns that the new scheme may ... will be discussed by the Housing Authority today. 'But as the arrangements will involve subsidising home ownership with public money, they should also be acceptable to the community as a whole,' ...

  6. Homeowners handed rates relief and tax break

    Posted Feb 28th 2008, 12:00am by Staff Reporter

    ... Fulton Mak Property rates will be waived in the coming financial year, subject to a ceiling of HK$5,000 per quarter, as part of the budget measures. As a result, owners of about 99 per cent of homes and 85 per cent of other properties will not have to pay ...

  7. Banking on the future

    Posted May 13th 2011, 12:00am

    ... Sandy Poon As part of the measures to stabilise the property market, the government is holding land auctions to increase supply. Several sites are at prime locations suitable for luxury properties, and developers are taking the opportunity to increase the ...

  8. Shanghai tax plans push flat movements up

    Posted Jan 26th 2011, 12:00am by Yvonne Liu

    ... a 0.5 to 0.6 per cent tax on the value of new properties if per-person ownership exceeded 60 to 70 square metres. ...

  9. Banks want clarity on money-laundering bill

    Posted Jan 29th 2011, 12:00am by Staff Reporter

    ... The threshold 10 per cent ownership proposed in the bill as part of the test of ownership of corporations, partnerships and trusts should be adjusted to 25 per cent, in line with the approach taken ... requirements. The association said FATF recommendations only defined 'beneficial owner' qualitatively (without a percentage ownership threshold), and the approach in other jurisdictions ...

  10. Selling subsidised flats made easier

    Posted May 21st 2005, 12:00am by Staff Reporter

    ... Staff Reporter The Housing Authority expects to pocket an extra $182 million in land premiums a year from relaxing rules on the resale of subsidised flats. At present, Home Ownership Scheme flats must be at least five years old before they can be sold on the private market after the payment of a land premium. Flats less than two years old can be sold back to the authority ...




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