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Property sales dip 27.5%

The Land Registry recorded 3,189 sale and purchase agreements for all building units received for registration in February, down 27.5% compared with January and 46.7% lower year-on-year.   The total consideration for such agreements in February fell 32.9% from January, to $22.6 billion, while a 48.5% year-on-year decrease was recorded.   Of the agreements, 2,375 were for residential units, down 31.7% from January and 44.5% lower than a year ago.   The total consideration for residential units was $19.1 billion, a decrease of 31.3% compared with January and down 47.9% year-on-year.   There were 276,910 land register searches last month. http://dlvr.it/T3ZqYl

US notice condemned

The Hong Kong Special Administrative Region Government today strongly condemned the Implementation of Employment Authorization for Individuals Covered by Deferred Enforced Departure for Hong Kong notice issued by the US authorities.   In a statement, the Hong Kong SAR Government pointed out that this notice equates to the US offering a so-called safe haven to wanted fugitives who have escaped from Hong Kong in an attempt to evade justice by hiding in foreign countries including the US.   Governments that not only harbour but invite or encourage fugitive offenders to live in their countries wantonly disregard the rule of law and expose their hypocrisy, it stressed.   Countries taking such actions should take full responsibility for unnecessarily stoking tensions with the motherland, the Hong Kong SAR Government noted.   It also urged the US to stop their blatant interference in Hong Kong matters which are the internal affairs of the People’s Republic of China.  
http://dlvr.it/SB6BZT

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