Tag: Hong Kong

  • Chinese Firms Continue Flocking To Low-Tax Hong Kong

    In 2006, 282 Mainland companies invested in Hong Kong, injecting more than US$2 billion into the Hong Kong economy, China’s Ministry of Commerce (MOFCOM) reported recently. According to InvestHK, the Hong Kong Special Administrative Region Government department charged with encouraging and facilitating inward investment into the city, Mainland companies are attracted by Hong Kong’s international…

  • Invest Offshore in Hong Kong

    A United Nations report has revealed that Hong Kong attracted US$35.9 billion in foreign direct investment last year, up 5.6% on 2004, making it the second-largest FDI destination in Asia after the Chinese Mainland, which amassed US$72.4 billion. According to the UN’s World Investment Report 2006, the FDI that flowed into Hong Kong was greater…

  • Beijing for Hong Kong IFC

    Leaders affirm the central government has been attaching great importance to and supporting the financial development of Hong Kong. They pledged that the central government will actively take measures that would be favorable for the development of Hong Kong’s financial industry, the consolidation of Hong Kong’s status as an international financial center and the cooperation…

  • Institutions keen on Hong Kong Link REIT IPO

    HONG KONG, Nov 16 (Reuters) – A relaunch of Hong Kong’s $2.8 billion IPO for the Link REIT is expected to be at least 10 times oversubscribed, with institutional investors particularly keen, brokers and market sources said on Wednesday. The government’s second attempt to sell 151 shopping centres and 79,000 car parks through the world’s…

  • Rules spur REITs offshore

    Regulatory changes are set to spur Singapore-listed real estate investment trusts (REITs offshore) to acquire overseas properties even as asset prices in the city state rise. Singapore, which has surpassed its traditional rival Hong Kong in developing listed property trusts as popular investment vehicles, is looking to change the rules to make it easier for…

  • Call to sort out REIT launch

    Hong Kong needs clear legislation and firm stock exchange commitment for the development of the Real Estate Investment Trust (REIT), according to analysts. They warned Hong Kong would be left behind by other regional financial centers like Singapore and Taiwan if local regulators do not encourage the launch of such an investment product soon. “Singapore,…

  • SFC outlines five funds priorities

    Hong Kong’s Securities and Futures Commission has five priorities for improving the funds industry, topped by growing the hedge funds market, says Alexa Lam, executive director of intermediaries and investment products. The authorized (retail) hedge funds industry in Hong Kong is small, but this belies the true size of the industry here, Lam says. Although…