Hong Kong pledged to accelerate the development of a technology hub near mainland China, building on previous measures to create momentum for the ambitious multibillion-dollar project.

Hong Kong’s ambitious plan to create a technology hub near the mainland Chinese border faces an early test after the first residential sales in its Northern Metropolis got off to a middling start, highlighting the hurdles to turning the area into a new economic engine.

China will officially begin taxing offshore trusts established by its citizens, closing a longstanding loophole used by wealthy families for asset protection and succession planning.

The curbs are casting a pall over a luxury market boom in the world’s top offshore hub — and unnerving the ultra-rich.

The curbs are casting a pall over a luxury market boom in the world’s top offshore hub — and unnerving the ultra-rich.

China Evergrande’s liquidators are seeking 57 billion yuan ($8.4 billion) in their lawsuit against PricewaterhouseCoopers International Ltd. and its mainland China and Hong Kong affiliates, among the largest corporate claims ever sought in the city.

Chinese creditors who have struggled to recover funds from distressed property developers on the mainland are increasingly turning to Hong Kong courts in their quest for repayment.

Crypto tycoon Li Lin is moving an entire trading team of about 20 people from his single-family office to Bitfire Group Holdings Ltd., a wealth manager in which he owns a 30% stake, to help the firm tap more private banking clients.

A senior manager at Goldman Sachs Group Inc. has sold his Hong Kong home to a private equity veteran for about $13 million, marking another high-profile residential transaction in the Asian financial hub.

JPMorgan Chase & Co. will be the anchor tenant of an upcoming office project in Hong Kong’s West Kowloon area, marking one of the city’s largest leasing deals amid a prolonged downturn in the commercial market.

The Trump administration is delaying a multi-billion dollars arms sales to Taiwan to ensure President Donald Trump’s visit to Beijing is successful, the New York Times reported.

Hong Kong is hiking stamp duty for luxury home transactions following a recent flurry of activity in the market.

A Hong Kong bank that failed to sell a seized mansion at a steep discount last year is trying again as the luxury real estate market swings back to life.

Hong Kong’s beleaguered housing market is staging a comeback, the latest sign that the city is on the road to recovery following years of gloom.

Hong Kong home prices recorded their first annual increase in four years, the clearest sign yet that the city’s residential market is beginning to recover from a prolonged downturn.

A mansion at Hong Kong’s prestigious Peak area was sold for HK$1.04 billion ($133 million), yielding a more than 25% gain for the owner who held it for about a decade.

Developers in Hong Kong were kept busy during the holiday season as rich buyers went on a shopping spree for luxury homes.

Lee calls himself lucky.

JPMorgan Chase & Co. plans to build a new tower in Canary Wharf for its headquarters in the UK, a multibillion-pound endorsement of London’s status as a global financial center a day after Rachel Reeves delivered a budget that largely spared banks.

A Hong Kong court bolstered an injunction against the ex-wife of the founder of China Evergrande Group covering $220 million in assets across Canada, Gibraltar, Jersey and Singapore.