Tag: Hong Kong
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Opium, Offshore, and Echoes of Empire: A Tale of Two Tariff Wars
In the old days, the British sent their boats full of opium to China. They wanted tea and silk and silver. China wanted none of the poison. The emperor issued edicts. Burn the opium. Close the ports. No more foreign devils ashore. It was a straight-up collision between trade and sovereignty. The British gunboats answered…
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Monaco’s Real Estate Prices vs. Other Top Luxury Markets – 2025 Insights
Monaco has long been synonymous with ultra-expensive real estate, and the latest Knight Frank Wealth Report confirms it still leads the world in luxury property prices. In this post, we compare how Monaco stacks up against the next four priciest prime residential markets – Hong Kong, Singapore, Geneva, and London – highlighting how much floor…
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Chinese New Year 2025: The Year of the Wood Snake and Global Celebrations
The world is gearing up for a grand celebration of Chinese New Year 2025, marking the transition into the Year of the Wood Snake. This year, the Lunar New Year begins on January 29, 2025, with festivities stretching over 15 days, culminating in the spectacular Lantern Festival. As one of the most significant cultural celebrations…
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China’s Stimulus Package Fails to Deliver, Sends Hong Kong Markets Plummeting
The much-anticipated economic stimulus measures from China have failed to deliver the concrete action investors were hoping for, causing Hong Kong’s stock market to have its worst single-day performance since the global financial crisis of October 2008. Major indices experienced double-digit percentage losses, reflecting deep disappointment in the market after the highly anticipated press conference…
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Chartering a Private Offshore Bank for Infrastructure Funding via Private Placement Platforms
In today’s rapidly evolving financial landscape, investors and high-net-worth individuals are constantly searching for secure, efficient, and scalable options to support large-scale infrastructure projects. One such innovative solution is chartering a private offshore bank specifically tailored for infrastructure funding through Private Placement Platforms (PPPs). This approach not only provides significant financial leverage but also offers…
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These Are The World’s Top 10 Tax Havens
Individuals and corporations use tax havens to minimize their tax burdens and protect their wealth in low-tax or no-tax jurisdictions. This graphic, via Visual Capitalist’s Bruno Venditti, shows the top 10 countries hosting the most offshore financial wealth, according to 2022 data from the Atlas of the Offshore World. What Is a Tax Haven? A tax haven offers…
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Evergrande’s $23 Billion Offshore Debt Dilemma: A Complex Road to Repayment
China’s real estate giant, Evergrande, has been in the spotlight for its staggering debt crisis, which has left it with up to $23 billion in offshore liabilities. This financial turmoil has drawn significant attention from global investors, especially after a crucial court order in Hong Kong last January that effectively transformed offshore creditors into de…
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The Tax Advantages of ORSO Schemes in Hong Kong
Hong Kong’s Occupational Retirement Schemes Ordinance (ORSO) offers substantial tax benefits, making it a compelling option for both employers and employees seeking efficient retirement solutions. The ORSO framework, established under the Occupational Retirement Schemes Ordinance, provides a robust platform for retirement planning with attractive tax incentives that stand out compared to other international retirement schemes.…
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Article 23 of the Basic Law: A Turning Point for Hong Kong’s Economy and Offshore Banking Sector
The impending enactment of Article 23 of the Basic Law in Hong Kong marks a significant pivot point for the region’s economy and its global financial hub status. This new national security law, aimed at prohibiting offenses such as treason, secession, sedition, and the theft of state secrets, is stirring considerable anxiety within the international…