Carrie Lam denies reports of talks with state firms on buying up Hong Kong

The Hong Kong government on Friday denied reports of plans for Chinese state-owned enterprises to step up investment and take control of major commercial assets in the city.According to various news reports, China’s state-owned asset watchdog told officials from roughly 100 of the country’s biggest state firms to invest in real estate and tourism projects that would create jobs and stabilise financial markets in Hong Kong, helping to calm unrest in the city.The reports said the State-owned…

Source link

Related posts