{"id":102158,"date":"2018-12-10T19:03:46","date_gmt":"2018-12-10T12:03:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-chief-executive-says-she-will-keep-the-public-purse-away-from-bailing-out-the-property-industry\/"},"modified":"2018-12-10T20:02:48","modified_gmt":"2018-12-10T13:02:48","slug":"hong-kongs-chief-executive-says-she-will-keep-the-public-purse-away-from-bailing-out-the-property-industry","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-chief-executive-says-she-will-keep-the-public-purse-away-from-bailing-out-the-property-industry\/","title":{"rendered":"Hong Kong\u2019s chief executive says she will keep the public purse away from bailing out the property industry"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s government, which has repeatedly warned against speculation in the world\u2019s most expensive property market, said it would keep public money away from any bailouts of the industry, as the city\u2019s home prices and sales end a decade-long boom.<br \/>\n\u201cDon\u2019t count on the government rescuing the [property] market,\u201d Chief Executive Carrie Lam Cheng Yuet-ngor said during the Hong Kong Economic Journal\u2019s Economic Summit 2019 conference in Hong Kong. \u201c&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2177307\/hong-kongs-chief-executive-says-she-will-keep-public-purse-away-bailing-out\" target=\"_blank\">Hong Kong\u2019s chief executive says she will keep the public purse away from bailing out the property industry<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s government, which has repeatedly warned against speculation in the world\u2019s most expensive property&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102158","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qzI","jetpack-related-posts":[{"id":122002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tung-chee-hwa-ex-hong-kong-chief-executive-becomes-first-time-homeowner-at-84-with-purchase-of-us20-6-million-luxury-home\/","url_meta":{"origin":102158,"position":0},"title":"Tung Chee-hwa, ex-Hong Kong chief executive, becomes first-time homeowner at 84 with purchase of US$20.6 million luxury home","date":"September 14, 2021","format":false,"excerpt":"\r Tung Chee-hwa, Hong Kong\u2019s first postcolonial chief executive from 1997 to 2005, bought a luxury home at Grenville House in Hong Kong\u2019s posh Mid-Levels district for HK$160 million (US$20.6 million) last month, according to Land Registry records.Tung bought the unit in his own name, paying a stamp duty of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154576,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-targets-elderly-consumers-with-new-silver-economy-drive\/","url_meta":{"origin":102158,"position":1},"title":"Hong Kong targets elderly consumers with new \u2018silver economy\u2019 drive","date":"May 27, 2025","format":false,"excerpt":"\r Hong Kong\u2019s leader has announced that a working group would unveil five measures to boost consumption among the older population on Tuesday afternoon, with an aim to address the needs of the city\u2019s burgeoning elderly market. Chief Executive John Lee Ka-chiu explained that the Working Group Promoting Silver Economy,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-buyers-to-undergird-hong-kongs-home-prices-standard-chartered-says\/","url_meta":{"origin":102158,"position":2},"title":"China buyers to undergird Hong Kong\u2019s home prices, Standard Chartered says","date":"December 21, 2016","format":false,"excerpt":"\r Hong Kong\u2019s home prices are unlikely to see significant fall amid solid demand, despite the increasing interest rates and the government\u2019s measures to curb growth, Standard Chartered says. \u201cI can\u2019t see Hong Kong\u2019s property prices falling too much considering the demand and supply, and mainland investors are still buying\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111698,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-hong-kongs-leader-delivered-was-out-of-the-ordinary\/","url_meta":{"origin":102158,"position":3},"title":"What Hong Kong&#039;s leader delivered was &#039;out of the ordinary&#039;","date":"October 18, 2019","format":false,"excerpt":"\r Bernard Chan of the Executive Council of Hong Kong says the new housing measures announced by Chief Executive Carrie Lam may be a \"silver lining\" to the \"crisis\" that the city is in.\r \r Source : cnbc.com\r Read more...What Hong Kong's leader delivered was 'out of the ordinary'","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-hong-kongs-chief-executive-candidates-pass-the-property-policy-test\/","url_meta":{"origin":102158,"position":4},"title":"Can Hong Kong\u2019s Chief Executive candidates pass the property policy test?","date":"December 19, 2016","format":false,"excerpt":"\r \u201cWhen men stop believing in God they don\u2019t believe in nothing. They believe in anything,\u201d said G.K. Chesterton. He was talking about modern man\u2019s insipid focus on self leading to the belief that self is God and self-fulfilment is the path to the true and only heaven. Forget work\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66052,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wang-jianlin-meets-hong-kongs-ex-chief-executive-tung-quashing-talk-hes-barred-from-travelling\/","url_meta":{"origin":102158,"position":5},"title":"Wang Jianlin meets Hong Kong\u2019s ex-chief executive Tung, quashing talk he\u2019s barred from travelling","date":"September 11, 2017","format":false,"excerpt":"\r Wang Jianlin, the property-to-entertainment founder of Dalian Wanda Group, travelled to Hong Kong last week to meet the city\u2019s former chief executive Tung Chee-hwa, making a journey that quashed rumours circulating on China\u2019s social media that the magnate had been barred from leaving the mainland. Wang was photographed withTung,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102158"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=102158"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102158\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}