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Page 29 - South City News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hong Kong s Wang On Group disposes of notes in indebted developer China South City, warns of US$4 2 million annual loss

The Hong Kong-based builder sold down its holding in junk-rated notes of China South City for about US$3.8 million, as its investment in troubled Chinese developers backfired.

Foster City explores business tax hike

The Foster City Council is exploring updates to its business license tax, currently structured off a company’s gross receipts and which maintains the same rate for organizations of varying sizes

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