.Leader John Lee Ka-chiu introduced a financial reform blueprint on Wednesday focused on transforming Hong Kong's traditional fields including financing, trade as well as delivery, as well as purchasing brand-new technology markets, while presenting a larger welcome mat for overseas talent as well as funds.In his third plan deal with considering that becoming Hong Kong's leader, he also threw a lifeline to the luxurious residential property market, liberalising the loan-to-value proportion for all homes to the pre-2009 degree of 70 per cent.Lee also revealed details of his government's much-awaited overhaul of the area's well known subdivided flats as well as "coffin-sized" homes, specifying minimum requirements for property managers to satisfy such as offering windows and bathrooms or even run the risk of illegal liability.Owners would certainly have to convert their apartments in to "general casing units" to fulfill new lawful criteria within a moratorium, but residents will not face any sort of penalties, he said.Lee yielded later at a press briefing that turning subdivided homes in to cottage taken into consideration appropriate, rather than eliminating all of them altogether, was certainly not a "excellent one hundred percent answer". The ceo began his third policy address, titled "Reform for Enhancing Advancement and also Property our Future Together", by detailing just how his authorities had been actually assisted through a "reform mindset" from the start and also had complied with most of the "result-oriented" targets he had established." Reform is a continuous method," he informed lawmakers, much of them wearing environment-friendly coats or even associations to match the colour motif of his plan record symbolising vigor, tranquility as well as success.