.President John Lee Ka-chiu introduced an economic reform plan on Wednesday intended for improving Hong Kong's standard markets such as money, exchange and freight, as well as buying new technology industries, while rolling out a greater invited mat for foreign ability and funds.In his 3rd policy handle since coming to be Hong Kong's leader, he also threw a lifeline to the deluxe home market, liberalising the loan-to-value ratio for all homes to the pre-2009 degree of 70 every cent.Lee also showed information of his federal government's much-awaited overhaul of the metropolitan area's well known subdivided flats and "coffin-sized" homes, setting minimum criteria for proprietors to meet including giving windows and also toilets or risk illegal liability.Owners would need to convert their flats in to "fundamental casing units" to comply with new lawful demands within a moratorium, yet lessees will not face any type of charges, he said.Lee yielded eventually at a press instruction that transforming subdivided homes into accommodation considered appropriate, instead of eradicating them altogether, was certainly not a "excellent 100 percent option". The chief executive started his third plan address, titled "Reform for Enhancing Progression as well as Property our Future Together", by specifying how his federal government had been guided by a "reform state of mind" coming from the start as well as had actually met the majority of the "result-oriented" targets he had actually established." Reform is a continual procedure," he informed lawmakers, much of all of them wearing green jackets or even ties to match the colour concept of his policy document symbolizing stamina, tranquility as well as success.