Home Technology

Used Car Prices: Tesla, Porsche Go for Bargains in Hong Kong as Expats Leave – Bloomberg

Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg. Track your investments 24 hours a day, around the clock from around the world.
In a series of one to one interviews award winning journalist Emma Barnett meets leaders in their fields who are advancing and reshaping the global debate.
Oil Holds Losses as Traders Weigh China Covid Measures, EU Moves
Korean Won Poised for a Recovery After Worst Month in Five Years
Private Equity Firms Eyeing Toshiba Buyout Face Nuclear Dilemma
Australian PM’s Coalition Trails Opposition at Campaign Midpoint
China’s Lockdowns Wreak Havoc on Economy as Xi Pledges Support
Carvana’s Woes Saddle Hedge Fund CAS With Unprecedented 43% Loss
Musk’s Move to Texas May Yield Big Tax Savings on Tesla Sale
Warriors Rally After Green Ejected, Beat Grizzlies in Game 1
Nadal, Djokovic Slam Wimbledon Ban on Russian Players
The Yen Is Tanking. And That’s Just Fine
America Needs Elon Musk — to Sell Electric Cars
Texas Plans a Texas-Sized Response to Rising Seas
Jack Bogle Was a Punk
A Restaurant That Serves Gourmet Meals From Scraps
War Is Making One of the Richest Countries Even Richer
Taylor Edges Serrano at MSG, Stays Women’s Lightweight Champ
Lyft Takes Stance Against Oklahoma, Texas Abortion Restrictions
MLB Suspends Dodgers Pitcher Bauer for Two Seasons Over Alleged Sex Assault
Arizona Wildfire Forces Fast Decision: Fight Or Flee Flames?
Kansas Tornado Generated 165 Mph Winds as It Destroyed Homes
After Immersive Van Gogh, It’s Time for Live-Cosplay ‘Bridgerton’
Hong Kong’s Star Ferry Needs a Rescue Plan With No Tourists in Sight
Desperate for Housing, Austin Seeks Relief in Rezoning
Solana Suffers Seven-Hour Outage As NFT Demand Spills Over
Crypto Hackers Swipe $77 Million in Attack on DeFi Projects
Crypto Brokerage Genesis First-Quarter Lending Falls as Market Weakens
Owners in Hong Kong are having to offer steep discounts or abandon their vehicles as excess supply drives down resale values.
Guillaume Foucault, a senior tech manager, has been trying to sell his 2014 Audi Q5 in Hong Kong but hasn’t gotten offers he considers good enough.

If you’re wondering about the best place in the world to buy a car right now, just look at Hong Kong.
Even as second-hand vehicle prices break records in the U.S. and other countries, people in Hong Kong are struggling to offload their cars as a surge of residents move out of the city after two years of punishing Covid restrictions.


Previous articleEvery new Apple product coming in 2022 – Macworld
Next articleIs the Amazon Prime Video free trial still available? – TechRadar