In Focus
Foreign currency reserve assets gain US$4.1b
Foreign currency reserve assets gain US$4.1b
It has reached US$281.7 billion at the end of October.
Labor chief calls for vetting apps resumption
Secretary Matthew Cheung appeals that such scheme be resumed as soon as possible.
Ka-ching!: Retail sales in September up 24.1%
The volume of sales of electrical goods and photographic equipment increased the most with 33% growth.
Exchange Fund assets plunge 37.1% to $2t
And Hong Kong dollar assets alone decreased by $22.3 billion.
Did you get a 5.9% salary increase in June?
Mid-level managerial and professional employees had higher monthly salaries compared with last year - so are you one of them?
Are Hong Kong parks turning into residential sites?
If they are, then there will be 44,000 hectares more land for homes.
$40b trade deficit recorded in September
That is equivalent to 12.8% of the value of imports of goods.
Overall trade deficit may widen from HKD 35b to HKD 42b
September trade numbers may have eased to 6.2% y/y for exports and 11.4% for imports.
Fears escalate as China expansion threatens Hong Kong banks
Fitch estimates gross mainland exposure could rise to about 35% of Hong Kong banking assets by 2012.
Will you pay RMB12,070 psm for a house?
Well, that’s the average capital value of luxury properties in Shenyang.
Public tenants banned from buying their own units
More than 150,000 applications were on the list and the administration had no plan to re-launch the tenants purchase scheme.
Evicted sub-divided flats tenants to get $4.5m subsidy
900 eligible households are said to benefit from the subsidy in the coming year.
"I won't overlook the middle class": CE Tsang
He reiterated the Government considers the interest and needs of all sectors in the community when drafting housing policies.
Home sweet home: Government targets 40k annual supply of flats
The Government will explore the possibility of converting into housing land 150 hectares of agricultural land in North District and Yuen Long.
Hong Kong's global trade share to overtake UK by 2025
The short-term outlook may be uncertain, but at least something good's about to come 14 years from now.
Local talents threatened as 53% of HK companies intend to hire foreign staff
And worse, 31% of companies do not plan to hire more in the next two years.
Public consultation for patent system review begins
The Commerce & Economic Development Burea will run the consultation period until December 31.