Economy
The hammer falls on Hong Kong's auction houses
The hammer falls on Hong Kong's auction houses
Christie’s Hong Kong 2018 autumn auctions raised $2.75b in late November, an 11.6% fall from the $3.11b raised over its spring 2018 auctions.
Hong Kong exports crash 0.8% to $364.3b in November
The headline figure reverses the previous month’s double-digit growth.
Inflation slows to 2.6% in November
The increase in food prices hit 3.5%.
PMI down to 47.1 in November as Chinese business suffers deep losses
Exports to China fell at the fastest pace in three years.
Shanghai dethrones Hong Kong as most expensive city in Asia
Property prices in Hong Kong reached $424,042 psm.
Hong Kong is still less prosperous than Singapore
The SAR settled for 22nd place in the global rankings.
Exports rebound 14.6% to $383.7b in October
This comes on the heels of 4.5% export growth the previous month.
Inflation hits 2.7% in October
The increase in electricity, gas and water prices rose to 4.1%.
Hong Kongers pin hopes on healthcare industry as economy weakens: survey
Residents believe it has higher growth potential over IT and e-commerce.
One in five are living in poverty in Hong Kong
Residents below the official poverty line hit 1.4 million in 2017.
Hong Kong deepens bilateral trade ties with Australia
The free trade and investment deal are expected to be sealed by H1 2019.
Economic growth slows further to 2.9% in Q3 as trade war dims outlook
This extends a steep decline from 4.7% in Q1 to 3.5% in Q2.
Hong Kong exports rose 1.9% in September
Export volume to India climbed 8.3%.
Small caps plunging as much as 93% spark share pledge fears
Reports abound that a large holder liquidated shares after a loan soured.
PMI hits 48.6 in October as Chinese demand falters
The decline in sales to Chinese markets was the highest in two years.
Hong Kong is Asia's second most sustainable city
Growing air pollution and housing affordability, however, cloud its outlook.
Hong Kong still trails behind Singapore in ease of doing business
It ranks fourth whilst the Lion City nabbed second place.
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