Hong Kong
Hong Kong tipped to record 160 new listings in 2020
Alibaba’s HKEX debut may inspire US-listed Mainland firms to list in the city.
Airlines hit by job cuts and bankruptcies amidst unrest
Cathay Pacific Airways may have to cut as much as 1,000 jobs.
Hong Kong's global finance centre status weathers protests' effects
But its perception as a stable international hub is slowly deteriorating amongst foreigners.
Unemployment rate edged up to 3.2% in September-November
The unemployment rate in F&B service activities sector reached an eight-year high.
Poverty rate rises to 20.4% in 2019
This was blamed on the accelerating number of ageing citizens.
Investors' retirement savings withdrawal rate unsustainable: Schroders
The rate of 8.9% could deplete their savings in a decade.
Index of industrial production for manufacturing up 0.4% in Q3
This was driven by a rise in output volumes in the food, beverages, and tobacco industry.
Over half of residents not keen on buying a property in Q3
Six in 10 find it a bad time to purchase a home right now.
GDP down 0.5% in Q3
This amounts to $722.8b, whilst GNY fell to $764.1b.
Value of construction works down 3% to $58.4b in Q3
Value of work at public sector sites fell to $15.5b.
Rents for five new public housing blocks set at $85.5 psm
This meant that 36% of the flats can be rented below $2,500 monthly.
CityU, Deloitte and FORMS to develop blockchain-based credential ledger system
It can be used to verify the qualification of job candidates.
Hong Kong is Asia's third costliest expat city
The recession has yet to hit on the cost of living in the city.
Exports to Mainland down 9.2% to $150.6b in Q3
This accounts for 25.6% of the total exports.
Check out the brands hit hardest Hong Kong's social unrest
Xiaomi is one of the hardest hit brands as its metric scores fell.
Accommodation industry's business receipts fell 19.1% in Q3
Business receipts declined across nine industries.
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