.Leader John Lee Ka-chiu revealed a financial reform master plan on Wednesday focused on transforming Hong Kong's traditional fields like financial, trade as well as shipping, and buying brand-new modern technology business, while rolling out a greater welcome mat for overseas talent and funds.In his 3rd plan deal with because becoming Hong Kong's innovator, he also threw a lifeline to the luxury home market, liberalising the loan-to-value ratio for all homes to the pre-2009 level of 70 per cent.Lee also disclosed particulars of his federal government's much-awaited overhaul of the city's well known partitioned flats and also "coffin-sized" homes, specifying minimal criteria for proprietors to meet such as giving home windows and also toilets or run the risk of illegal liability.Owners would have to convert their flats in to "essential casing devices" to satisfy new lawful demands within a grace period, but occupants would certainly not experience any charges, he said.Lee conceded later on at a push briefing that turning subdivided homes right into lodging thought about acceptable, instead of exterminating all of them altogether, was not a "excellent one hundred percent remedy". The chief executive started his third policy handle, titled "Reform for Enhancing Advancement and also Property our Future All Together", through detailing just how his federal government had been directed through a "reform attitude" from the get-go and had complied with the majority of the "result-oriented" intendeds he had specified." Reform is actually a continual process," he told lawmakers, a lot of them wearing eco-friendly jackets or ties to match the colour motif of his plan file symbolising vigor, consistency and also wealth.