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Search resuls for: "Hong Kong Economic Times"


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Tesla to cut prices on some Model 3, Model Y in HK -media
  + stars: | 2023-07-31 | by ( ) www.reuters.com   time to read: 1 min
Companies Tesla Inc FollowBEIJING, July 31 (Reuters) - U.S. automaker Tesla (TSLA.O) is set to cut prices on multiple variants of its Model 3 and Model Y vehicles in Hong Kong from Aug. 4, Hong Kong Economic Times reported on Monday. The discounts would range from 6% to 11.9%, according to the report. Reporting by Beijing NewsroomOur Standards: The Thomson Reuters Trust Principles.
Persons: Tesla Organizations: Tesla Inc, BEIJING, U.S, Hong Kong Economic Times, Beijing, Thomson Locations: Hong Kong
Hong Kong CNN —Hong Kong real estate is the most expensive in the world, but it wasn’t eye watering prices that took investors by surprise this week. Hong Kong authorities have repeatedly claimed the law has restored order and stability after the city’s 2019 anti-government, pro-democracy protests. Lee said the legal provision is “an obvious thing” for Hong Kong to add to safeguard national security. “Safeguarding national security is the shared responsibility of the entire Hong Kong society,” it said. Developers and investors bidding on land sales are not normally involved in activities that violate the national security law, she said.
"Safeguarding national security is the shared responsibility by the entire Hong Kong society," the Development Bureau told Reuters, confirming the media report. Hong Kong Economic Times reported that Hong Kong authorities began to include applicable provisions of the National Security Law in the terms of land sales and short-term leases in the Asia financial hub. That sent Hong Kong property stocks index (.HSNP) down as much as 4.9% to the lowest in six weeks, compared to a 0.1% slip in the benchmark Hang Seng Index (.HSI). "It suggests that developers will be even more cautious in putting a bid in land sale," said Steven Leung, a sales director at UOB Kay Hian. Hong Kong and Chinese authorities say it is necessary to restore stability after anti-government protests in 2019.
This time he's in Hong Kong, meeting financial executives. He has kept a low profile and evaded public view since he ran afoul of Chinese authorities in 2020. He has now resurfaced again, and was seen in Hong Kong, meeting with financial executives, per a Friday report by the Hong Kong Economic Times. The news of his resurfacing in Hong Kong comes just weeks after Ant Group said Ma would be giving up control of his company. The speech angered Chinese authorities, brought scrutiny to his company and eventually led to a wide regulatory crackdown on Chinese tech companies.
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