.President John Lee Ka-chiu declared an economical reform master plan on Wednesday focused on completely transforming Hong Kong's conventional sectors like money, exchange as well as delivery, and also acquiring new technology business, while turning out a greater appreciated mat for foreign talent and also funds.In his 3rd plan handle since coming to be Hong Kong's leader, he likewise tossed a lifeline to the luxury residential property market, liberalising the loan-to-value ratio for all homes to the pre-2009 level of 70 per cent.Lee additionally showed details of his authorities's much-awaited overhaul of the metropolitan area's notorious partitioned flats as well as "coffin-sized" homes, specifying minimum requirements for property owners to fulfil like delivering home windows and also commodes or take the chance of unlawful liability.Owners will have to turn their flats in to "general real estate units" to comply with new lawful needs within a moratorium, however occupants will not encounter any type of charges, he said.Lee acknowledged later on at a push instruction that transforming partitioned homes in to lodging considered satisfactory, instead of removing them completely, was actually not a "best 100 per-cent option". The president began his 3rd policy address, entitled "Reform for Enhancing Advancement as well as Building our Future With Each Other", by describing exactly how his federal government had been guided through a "reform way of thinking" coming from the start and also had actually complied with the majority of the "result-oriented" intendeds he had actually established." Reform is a continual method," he informed legislators, a number of them using eco-friendly coats or associations to match the colour theme of his policy documentation symbolising vitality, tranquility and also abundance.