Paul Chan
190,000 public houses to be completed over next 5 years
190,000 public houses to be completed over next 5 years
About 17,000 private housing units will be built per year over the same period.
Hong Kong halts sales of commercial sites
But this move “will be effective for the next five years only," a property analyst said.
Economy to grow 2.9% annually from 2026-29: FS Chan
Inflation rate is forecasted to be 1.5% in 2025.
Hong Kong to build $1b AI Research & Development Institute
The institute will be formed by the Digital Policy Office.
‘Strategic’ enterprises to invest $50b in Hong Kong and generate 20,000 jobs
The OASES will announce the new batch in March 2025.
New deal boosts Hong Kong firms' entry into Mainland service sectors
The agreement will take effect on 1 March 2025.
HKMA advises banks on flexibility with SME collateral
HKMA urged banks to be flexible, even if collateral values have declined.
Rollback of property cooling measures to spur sales, but no silver bullet to recovery
Analysts estimate up to a 15% sales increase, although prices may still fall in 2024.
HK lures 30 strategic enterprises to create 10,000 jobs: finance secretary
These companies will create 10,000 jobs in the market.
Hong Kong welcomes anti-money laundering report
The report assessed the city’s anti-money laundering system as “compliant.”
Gov’t offers $800m of tokenized green bonds
It is under the government green bond programme.
Government forms task force to promote Hong Kong branding
The task force will be led by Financial Secretary Paul Chan.
Government to provide Hong Kong fresh impetus
This is to boost the city’s economic growth, Financial Secretary Paul Chan said.
Financial stability a priority for Hong Kong: finance secretary
Chan expects more support from mainland China as the latter’s economy recovers.
Hong Kong sets sights on innovation and technology
The government has set aside $10b to enrich the I&T ecosystem.
FS Chan to lead committee on land and housing supply
Chan said his committee will publish a 10-year land supply forecast.
Vouchers to spur private consumption growth, improve employment: FS Chan
The effects of the consumer vouchers will be seen this month.
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Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong