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Hong Kong lifts veil on land sales, yet trails China, Singapore

Bloomberg Hong Kong has partially lifted the veil on its opaque government land tendering process. But it still lags far behind Singapore and China in transparency. The government announced it would provide more information on the bidding process for land sales by providing data on all bids. Yet, it will provide data only after the winning bid transaction is completed, ...

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Tencent CEO urges ID link for Hong Kong, Chinese citizens

Bloomberg Tencent Holdings Ltd. Chairman Ma Huateng called on the Chinese government to introduce an ID system that would link multiple sets of travel documents with a mobile phone as part of a plan to boost regional trade between Hong Kong and Mainland China. China’s second-richest man said new technology systems and laws could let Hong Kong residents make electronic ...

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Yen emerges as currency-market winner as trade tensions mount

Bloomberg President Donald Trump is touting the virtues of a trade war. In the $5.1 trillion-a-day currency market, the yen has emerged as a clear winner from the escalating rhetoric. The latest move pushes forward the administration’s trade agenda, after it took similar actions on other goods this year and jawboned the dollar lower. The potential hit to US and ...

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