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  1. Confidence in property rebounding

    Posted Sep 05th 2003, 12:00am by Niki Law

    ... Hong Kong's confidence in the property market has been revived by the recent influx of mainland tourists and the promises made in the trade pact with the mainland, a study released yesterday revealed. The study by real estate consultant Land Power International found 68 per cent of the 1,073 people interviewed in the city believed property prices had bottomed out. Only 25 per ...

  2. Property - Hong Kong & China - Tax

    As China drafts property tax law, fate of pilot programme up in the air

    Posted Mar 11th 2014, 02:29pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Confusion over trial property tax The mainland has started drafting a property tax law, but analysts are not sure whether it means a pilot programme ... Congress, told reporters on Sunday that the government "is drafting the [property tax] law and will submit it for approval when the time is ripe". That relieved some industry figures, ...

  3. Speculators, and mothers-in-law, drive property prices ever higher

    Posted Nov 21st 2009, 12:00am by Staff Reporter

    ... Daniel Ren Rampant stimulus-induced speculation, soaring prices, Mickey Mouse and evil mothers-in-law: Shanghai's property market has become a brutal and unforgiving world ... to buy a property ahead of his marriage. Several years ago, mainland internet users coined the term 'mortgage slave', or fangnu, to describe the numerous young couples who spent ...

  4. Shanghai property tycoon arrested

    Posted Sep 06th 2003, 12:00am by Bill Savadove

    ... The announcement follows a three-month probe of the property developer, his flagship company Shanghai Nongkai Development (Group) and its subsidiaries. Chau was already in detention. Prosecutors yesterday granted approval for police to arrest the businessman and move forward with a criminal investigation under the law, local television and the Eastday web site said, but gave no further details. ...

  5. Shanghai to establish property rights office

    Posted Apr 27th 2006, 12:00am by Staff Reporter

    ... Lillian Yang Shanghai plans to set up one of the mainland's first centres to handle complaints about the infringement of intellectual property rights in June, an official said yesterday. Chen Zhixing, head of the Shanghai Intellectual Property Administration, said the city submitted a programme to the central government soon after plans for centres in 50 cities were ...

  6. Comment - Blogs - MR. SHANGKONG

    New Hong Kong property tax, a sign of increasing protectionism

    Posted Oct 29th 2012, 04:36pm by George Chen

    ... which provides effective protection of property rights and strong support for the rule of law, continues to be the cornerstone of strength for the dynamic city economy,” said the foundation ... George Chen The new stamp duty policy for non-local home buyers in Hong Kong is more than a new property rule as it puts the government on the fast track to greater regulation The new ...

  7. First property firm fails under mainland curbs

    Posted Apr 11th 2012, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com A Hangzhou property firm has become the first developer to file for bankruptcy since the central government introduced curbs on the housing market last year. And more struggling small property firms are expected to go bust soon. Hangzhou Glory Real Estate, which developed a residential complex in Yuhang district, is undergoing liquidation ...

  8. Property tycoon's trial begins in Shanghai

    Posted Oct 24th 2007, 12:00am by Bill Savadove

    ... Bill Savadove in Shanghai The trial of property tycoon Chau Ching-ngai, on charges of embezzlement, bribery and tax fraud, began yesterday in Shanghai. When Chau was formally arrested in January, he was charged with giving bribes and falsifying tax invoices. Prosecutors had added an additional charge of embezzling funds, though the circumstances were not clear, Caijing magazine ...

  9. Law to curb Shanghai market due to kick off

    Posted Apr 19th 2004, 12:00am by Staff Reporter

    ... Eva Woo A revised law to curb property speculation in Shanghai by limiting the transfer of unfinished flats will take effect tomorrow. The changes would give the city government the power to decide whether or not to allow owners to register newly transferred flats depending on the market, media reports said. Passed by the Shanghai People's Congress last week, the law is aimed ...

  10. High-rise metropolis aims low with new laws

    Posted Nov 12th 2003, 12:00am by Mark O'Neill

    ... and green space, helping to boost already surging prices. While the media has published few details of the regulations, word of them has pushed up land prices in a city where the property market ... for new properties was 6,397 yuan (HK$6,303) per square metre. This month, the upmarket residential property Da Gong Guan, on the corner of Beijing West Road and Chengdu North Road, was selling ...




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