Hong Kong: Property Values Drop as Concern Mounts for Colony's Future

Article Abstract:

Political uncertainty pervades the atmosphere of Hong Kong these days. Hong Kong's land lease from China will expire in 1997. Financial markets have suffered, as has the stock exchange, which has fallen off more than five hundred points in a year. Slightly more than half the capital in the market is invested in real estate. Several property firms have failed recently, which has hurt the equity market. Even the Hong Kong Land Company has had difficulty servicing its debts. Property values have fallen off by half, excepting those directly affected by Central office rents. Over-supply typifies the market, and is expected to continue for the next two years. However, this adversity may be aiding the industrial market. Hong Kong manufacturing is doing well, and exports are strong. Hong Kong now has the fifth most expensive rental rates in the world.

Political aspects, Property, Imperialism

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People and Property: Destruction Clauses Revisited

Article Abstract:

Told in narrative form, this article examines legal aspects of the destruction of a shopping center by catastrophe. Various rebuilding clauses are reviewed. In some, the landlord is required to rebuild. There are instances where the law is not clear on where and to what extent there is obligation.

Laws, regulations and rules, Retail trade, Leases, Lease and rental services industry, Lease and rental services

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Emergence and decline: a comparison of the Shanghai and Hong Kong Economics

Article Abstract:

The economic aspects of Hong Kong and Shanghai are compared on the basis of the sudden growth in international trade of the places. Hong Kong has been maintained its position in the supremacy as the worlds financial center, but Shanghai is still not recognised much in the financial markets.

China, Foreign trade, Hong Kong, Analysis, International trade, Economic conditions, Comparative analysis, Shanghai, China

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