Taiwan permits 20pc mainland Chinese stake in banks

Taiwan will let mainland lenders own up to 20 per cent of some financial institutions, raising the limit on ownership as cross-strait economic integration deepens.

Tuesday, 2 April, 2013, 7:02am

Business Digest, November 28, 2012

UAE mulls full foreign ownership of firms. Photo: Xinhua

HKMA sells HK$3.1b to weaken HK dollar

The Hong Kong Monetary Authority sold HK$3.1 billion in the currency markets to weaken the local dollar, preventing it from strengthening past its trading peg with the US dollar, after the US dollar hit HK$7.75, the lower end of the trading band between the local unit and the greenback.


28 Nov 2012 - 2:34am

Sale wrangle at Carson Yeung's Birmingham City

Carson Yeung with Peter Pannu

The man entrusted with selling Birmingham City, the English soccer side owned by troubled Hong Kong businessman Carson Yeung Ka-sing, has accused the leader of the Italian consortium looking to buy the club of running a media campaign so that he can "get it on the cheap".

25 Nov 2012 - 3:35am

Brother embroiled in feud for Yung Kee dies

Yung Kee Restaurant

The battle between two brothers over the ownership of Hong Kong's famed Yung Kee Restaurant has taken another turn with the death of one of the siblings.

8 Oct 2012 - 2:42am

LAW wins

The political controversy triggered by illegal structures in the homes of senior government officials has once again grabbed public attention on this issue.

The problem with illegal structures is that they are hard to locate. For instance, basements and indoor structures are often hidden from public view.

20 Jul 2012 - 12:00am

Bureau must explain why it's replacing a policy that works with a witch-hunt

The reports about unauthorised building works on the properties of government officials and lawmakers display aspects of a witch-hunt ('Tsang agrees to remove structure', June 2).

10 Jun 2011 - 12:00am

More exemptions for new stamp duty rate

Property owners forced to sell by court orders and people transferring home ownership to siblings will be exempted from the additional stamp duty introduced by the government to curb property speculation.

The government has agreed that the exemptions should be added to proposals being studied by a Legislative Council bills committee.

7 May 2015 - 12:48pm

Sound and fury on show against property tycoons

Public anger over the behaviour of property tycoons is reaching new levels. This must be so because even the government has noticed, and in the past couple of weeks has made a number of gestures that suggest a determination to act. But, as ever, when it comes to dealing with powerful vested interests, the government shows a marked reluctance to stand up for the public.

24 Jul 2010 - 12:00am

It's time to loosen up ownership regulations

The Jockey Club is always looking at ways of increasing the involvement of Hongkongers in the entrancing world of racehorse ownership, yet it has kept one obvious outlet closed off.

25 Apr 2007 - 12:00am

Dragon Garden a sound pointer to conservation

The aborted sale of Dragon Garden to a developer yesterday was a victory for conservation. Credit should go to those members of the family who have lobbied so hard for the preservation of the Chinese-style landscaped garden.

24 Aug 2006 - 12:00am

Recalling lost battle and wrecked hopes

The plight of the individual owner is invariably highlighted whenever a property is identified for redevelopment. More often than not, there is resistance from owners who do not welcome the idea of giving up homes or properties that have belonged to them for years.

15 Mar 2006 - 12:00am

Tough law tackles structures

Property owners hoping to put up illegal structures and expecting to assert their right to keep them in place will not have it easy any more with the revised buildings law in place.

23 Feb 2005 - 12:00am

Conjuring trick with most valuable asset

OUR GOVERNMENT HAS a new sleight of hand that it wants to try out on us on an ever bigger scale. This dodge is championed by the Secretary for the Environment Transport and Works, Sarah Liao Sau-tung, who would like us to believe that money can be made to grow on trees.

17 Mar 2004 - 12:00am

Nail down owners' role in care of buildings

That the government finds it necessary to consult the public on whether owners should be responsible for ensuring their buildings are in good repair and bear the cost of maintenance speaks volumes about the pathetic state of building management in Hong Kong.

30 Dec 2003 - 12:00am

Law drafters enter murky area

Rural experts have high hopes that farmers' rights will be protected by new legislation that will define rights to use public property.

A landmark law to define rights of ownership is now being drafted in order to overcome problems brought about by the murky definitions of various types of ownership.

30 Nov 2001 - 12:00am