KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER HONG KONG LAW -

Introduction -

According to the Basic Law of the Hong Kong Special Administrative Region of the People’s Republic of China (“Hong Kong”), all realties in Hong Kong are held under the People’s Republic of China and are managed, used or developed by the Government of Hong Kong (the “Government”). There are constitutional provisions under the Basic Law (Articles 6 & 105) which specifically provide for protection of the right of private ownership, including the rights to acquire, use, dispose and inheritance of property and the right to compensation for lawful deprivation of property....