Economics / Hong Kong

Can a new financing plan get Hong Kong’s cash-strapped West Kowloon arts hub back on track?

‘West Kowloon Cultural District Authority gets green light to sell residential development in arts hub’s second zone to replenish finances’ ‘The authority behind Hong Kong’s premier arts hub has received approval to sell some of its land and topped up its bank facility to HK$5 billion (US$640 million) to avert a potential financial crisis.’ ‘The […]

Jul 19, 2024