John Lee
New Chief Executive of Hong Kong
RMB Business Facility to be launched
RMB Business Facility to be launched
The government plans to issue more RMB bonds and set gov’t expenditure in RMB.
Hong Kong's banks urged to explore tokenised deposits and assets
Authorities are expected to work together to regularise the issuance of tokenised bonds.
Hong Kong to roll-out measures to strengthen stock and bond markets
They seek to encourage more secondary listings by overseas enterprises.
Tax perks for funds and family offices set to be enhanced
It hopes to attract more funds to establish a presence in Hong Kong.
2024 Policy Address: HKMA to adjust LTV ratio for all properties to 70%
Meanwhile, the maximum debt servicing ratio for properties will be 50%.
2024 Policy Address: Gov't advances I&T sector through upgrades
Preparations are underway for a third InnoHK research cluster.
2024 Policy Address: LTV ratio relaxation won’t reverse downward trend in housing prices
The government adjusted the maximum mortgage LTV ratio for residential properties to 70%.
2024 Policy Address: Expanded immigration scheme to have limited impact on residential market
The measure, however, will have an "immediate" impact on luxury residential sales.
2024 Policy Address: HK to be hub for health innovation
It will also engage with Shenzhen to collaborate on clinical trials.
2024 Policy Address: 60,000 housing units to be built in Northern Metropolis
Over 150,000 housing units are expected to be built there over the next decade.
2024 Policy Address: HK expands investment scheme to include residential property assets
The assets must be valued at over $50m.
2024 Policy Address: Hong Kong cuts tax on liquor priced above $200 to 10% to boost trade
The previous rate was 100%.
2024 Policy Address: Hong Kong to eradicate subdivided flats under 8 square meters
Owners must convert substandard SDUs to basic housing units.
Guangdong gov’t to issue RMB5b bonds in HK
Proceeds from the two-year bonds will fund projects in Nansha, Guangzhou.
HK Chief Exec concerned over Cathay Pacific flight cancellations
The Transport & Logistics Bureau will be in contact with the airlines’ management, CE John Lee said.
CE Lee lays out plans to position HK as an int'l shipping centre and aviation hub
Chief Executive John Lee said the government will press ahead with the Three‑Runway System under the "Airport City" vision.
Investors must venture on regulated virtual assets platforms amidst JPEX incident: Lee
Lee said licencing protects investors and ensures a good risk control system.
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