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John Lee Ka-chiu: Adjusting the green and white form ratio in the Housing Policy Address should not be considered a 'conspiracy theory'. No serious speculation in the property market has been seen yet.
Chief Executive John Lee Ka-chiu said in an interview with TVB that it is not appropriate to hold a 'conspiracy theory' towards the adjustment of the public-private housing ratio mentioned in the Policy Address, emphasizing the importance of flexible allocation of housing demand. He mentioned that the differences in demand for public and private housing at different times are normal, and the role of the Hong Kong government is to balance the differences and determine the priority of resource allocation. If the public housing quotas are not fully utilized, they will be reallocated to applicants for private housing. John Lee Ka-chiu believes that he is confident that the situation of public housing supply being 'top-heavy and bottom-light' will improve after 3 years. As for the 'blank period' in between, it needs to rely on 'economical public housing' to solve the problem, describing the arrangement as being 'site-specific'.
HANG LUNG GROUP: 2024 Interim Report
The Stock Exchange of Shanghai and the Stock Exchange of Shenzhen: 33 shares will be included in the Hong Kong Stock Connect symbol from today.
The Shanghai Stock Exchange and Shenzhen Stock Exchange have announced that 33 stocks have been included in the list of Hong Kong stocks eligible for trading through the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect starting today.
This Hang Lung Group Insider Increased Their Holding By 67% Last Year
Chen Qizong: Family businesses are difficult to sustain, and inheriting wealth to the next generation can lead to conflicts.
The Hong Kong United Nations Educational, Scientific and Cultural Organization Association recently held the "Education Future Forum" with the theme of family education and inheritance. The honorary director of Hang Lung Properties (00101.HK), Ronnie Chan, who attended the event, expressed that sustainable business operation is impossible. The inheritance of family wealth through generations is extremely rare, and if mishandled, it will ultimately lead to a situation where the children fight each other. Therefore, he believes that the best method is to donate the wealth for charitable purposes. He emphasized that although there are many sustainable businesses in the world, large family enterprises are difficult to sustainably develop. The main reason is that the talent pool within the family is always limited. Hang Lung is able to sustain its operation not only due to luck, but also because it...
The list of stocks that are listed or meet the criteria for inclusion in the Hong Kong stock connect program is listed in "Da Hang" (Table).
According to a report by CICC, the Hang Seng Index Company announced its regular semi-annual index adjustment results last Friday, covering major flagship indices such as the Hang Seng Index, the China Enterprises Index, and the Hang Seng Tech Index. In addition, the Hang Seng Composite Index, which directly determines the investment scope of the Hong Kong stock connect, also underwent a significant adjustment. Regarding the recent market focus on whether Alibaba can enter the Hong Kong stock connect, the company's management stated during last week's conference call that the company will hold a shareholder meeting on August 22 to evaluate the use of Hong Kong as the company's main listing location and submit relevant proposals to shareholders. If the shareholder meeting approves, the company is expected to complete the New York to Hong Kong listing by the end of August.
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