Financial Services
Tax revenue up 13% to $328.6b for 2017-18 amidst higher stamp duty receipts
Tax revenue up 13% to $328.6b for 2017-18 amidst higher stamp duty receipts
The number of property transactions rose alongside prices.
Xiaomi debuts in Hong Kong for world's biggest IPO since 2014
Its flotation may be the biggest since Alibaba’s $25b listing.
Loans up 3.6% in Q1 amidst intensified construction activities
On a monthly basis, loans for use also inched up 1.2% in March.
Hong Kong margin loans balloon nine-fold to $26.3b in 2017
The regulator has expressed concern about the risks associated with rising bad loans.
Hong Kong banks lift time-deposit rates amidst expected rate hikes
Standard Chartered and ICBC raised time-deposit rates to more than 2%.
Blockbuster IPOs set to trigger cash crunch
A cash crunch looms as Xiaomi moves for a public debut which could push Hibor rates.
Can Hong Kong successfully lure biotech firms from Nasdaq?
Mainland companies are already mulling their flotations in the city instead of the US.
SFC slaps $1.2m fine on CN Capital Management Limited
Officers from the organisation conducted personal trades which breached conflict of interest.
Nearly 2 in 5 Hong Kongers open to sharing banking data with third parties
Almost 40% believe that open banking can provide them with better customer service.
Hong Kong approves dual class shares and unprofitable biotech listings in sweeping market reform
The new rules will kick into effect on April 30.
Short-lived market rally buoys struggling dollar
Tighter liquidity concerns enabled short HKD traders to take profit in advance.
How can Ping An's billion-dollar debut change the local IPO landscape?
The online healthcare platform is paving the way for lossmaking companies who want to go public.
Chinese liberalisation set to challenge Hong Kong's financial dominance
The maturing of the Mainland’s capital markets is slowing demand for dim sum bonds.
Chinese P&C life insurers premium growth slow 16% in 2017
Non-motor premium growth hit 33%, outpacing total growth in premium at 6%.
Banks scrap fixed-rate mortgages as interbank lending rates surge
HSBC and BOC have already stopped offering the package whilst ICBC will stop on May 1.
Chinese online healthcare platform starts US$1.1b IPO preparations
Ping An Good Doctor will offer 160 million shares priced between $50.80 to $54.80 apiece.
Will the looming property slowdown set back Hong Kong banks?
Loan growth is expected to slow in 2018.