Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP.
Tens of thousands of young people, aged 18 or younger, in Hong Kong live in subdivided units, cubicle homes, or cage homes. This number could be as high as 50,000. Since 2014, the Census and ...
The removal of property curbs a year ago has failed to support home prices, as the market value of private residential properties in Hong Kong was down by HK$480 billion (US$61.7 billion ...
The Hong Kong government will lower the stamp duty for some cheap homes in its latest attempt to boost the lackluster property market. Residential units valued at HK$4 million ($515,000 ...
Total value of residential properties in Hong Kong stood at HK$8.99 trillion (US$1.15 trillion) in January compared with HK$9.5 trillion before the easing The removal of property curbs a year ago ...
Copyright 2025 The Associated Press. All Rights Reserved. Lo Kin-hei, chairperson of Hong Kong’s Democratic Party, seated, second from right, attends a press ...
dirty and dangerous subdivided homes must be dealt with at long last It was good to see authorities take another step towards regulating Hong Kong's notorious subdivided flats with a proposal to ...
Copyright 2025 The Associated Press. All Rights Reserved. Hong Kong-born giant panda twin cubs make their media presentation in Ocean Park during a greeting ceremony ...
But he expects his business to take a hit due to the Hong Kong government’s bid to phase out homes it deems “substandard.” See also: The infamous ‘coffin homes’ that Hong Kong’s new ...
Hong Kong plans to cut 10,000 civil service jobs and freeze public sector pay before 2027 to address its rising deficit. The government targets a 7% reduction in expenditure by 2028. An AI development ...
Hong Kong has unveiled the 2025 edition of the Technology Talent Admission Scheme (TechTAS), aiming to streamline the entry of international professionals in key technological fields. This ...