Money's Worth Hong Kong Boom Defies Ticklish Position
The piece notes Hong Kong's rapid growth under British rule, with over 4,000 companies and strong U S trade, and explains AIM's analysis predicting a long but lucrative future amid political uncertainties. It cites tax ease, currency convertibility, and short payback periods boosting profits for manufacturers and traders.
MENTIONED IN THIS ARTICLE
New York
Canton River
Canton
U.S
Hong Kong
Sylvia Porter Macao
AIM
New Territories
Red China
Hope for Mutual Funds Of Realty Investments
New York real estate investment leaders compare upcoming real estate investment trusts with mutual funds, citing tax benefits and small investor appeal. Regulators from the IRS and SEC are expected to issue standards requiring 100 shareholders, 90 percent earnings distributions, 90 percent from real estate, and limited in-house management to qualify for federal tax exemption.
MENTIONED IN THIS ARTICLE
New York
Sel- Dawson Sion
Congress
Internal Revenue Service
Securities & Exchange Commission
Real estate investment trusts eyed for diversified holdings
A New York discussion at the National Assn of Real Estate Investment Funds outlined how trusts could own apartments, offices, hotels, or undeveloped land. The talks emphasized diversification, professional management, and easier liquidity, with potential tax and state-law hurdles noted.
MENTIONED IN THIS ARTICLE
National Assn. of Real Estate Investment
Also Mentioned on This Page
Sylvia Porter
America
American Institute of Management
Catholic Church
Jackson Martindell
Maximum
Hope For Mutual Funds of Realty Investments
Sam Dawson
Jimmy Hatlo
Joe Bnwno
Studebaker
Ted Thomas
T. H. Thomas
15Th Street
Thomas
Belair
Brown & Williamson Tobacco Corporation
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