Results tagged “hong kong”

• The Daily Telegraph reports that Hong Kong billionaire Henry Cheng Kar-Shun has agreed a £480million deal to kick-start the Greenwich Peninsula project.

Mr Cheng's Knight Dragon, will pay £180million to secure a 60pc stake in the Greenwich Peninsula project and provide £300million to start development.

HSBC chief executive Michael Geoghegan has warned of an exodus of bankers from Britain just days before he himself relocates to Hong Kong.

Mr Geoghegan criticised the Government's handling of the economy and attacked the introduction of the bonus tax, which he feels is doing more harm than good.