News Snapshot:
The swings and roundabouts of Asia’s longtime financial hub lead today’s digest of regional news headlines. Non-residential property investment in Hong Kong is set to double this year by one estimate, but that didn’t stop the heir to one of the city’s biggest real estate fortunes from lashing out against the local government’s “obsolete” land policies. Meanwhile, the Biden administration is expected to warn US firms about the risks of doing business in the territory. [Hong Kong Non-Residential Property Investment Set to Double This Year] Big-ticket investment in Hong Kong property is set to more than double this year and...
