December 23, 2024
Operating Assets

China’s tech hub Shenzhen prime for property tax trial at ‘critical moment’: top adviser

China should consider expanding its property tax trial to Shenzhen and some low-tier cities, said a senior government adviser, a move that would pave the way for the much-delayed legislation and nationwide implementation and also bring a new source of revenue for debt-ridden local governments. Shenzhen, which is home to tech giants such as Huawei,

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Financial Assets

Guangdong to join ‘dim sum’ bond feast with US$1 billion sale in Hong Kong, Macau

The sale of the yuan-denominated offshore bonds, also known as dim sum bonds, comes on the heels of Shenzhen’s announcement on Monday of its fourth such issuance, worth up to 7 billion yuan. The latest Shenzhen bond offering will include a tranche with a 10-year tenure, while also matching the two-, three- and five-year tranches

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