Hong Kong
Goods and services complaints up 5% in 2018
Goods and services complaints up 5% in 2018
Vaccination grievances climbed four times amidst the inadequate supply of the HPV vaccine.
Retail sales growth falls to 18-month low at $44.9b in December
Buying sentiment remained cautious.
Government gives discounted land to Housing Society to boost public housing supply
The society will build 6,600 flats across Kowloon from 2024-2026.
Hong Kong hit by first wave of negative equity in two years as home prices fall
The aggregate value of mortgages in negative equity hit $1.19b in Q4.
New Hong Kong passport features hi-tech security upgrades
The travel document will feature designs only visible in ultraviolet light.
Movie ticketing app Maoyan opens flat on debut
It closed at $14.64 from an IPO of $14.8.
Hong Kong Exchange Fund's 2018 investment income plunged 95% amidst heavy equity losses
The headline figure hit $13.9b compared to $264b in 2017.
Hong Kong retains crown as world's freest economy
The SAR had stellar scores in trade and monetary freedom.
Investors pool cash into data centres and co-living as alternative assets shine
The protracted trade dispute has dimmed outlook for traditional real estate.
Retail rents to remain flat in 2019 amidst economic headwinds
F&B and healthcare sectors will provide key support to the retail leasing market.
Warehouse rents to rise 5% in 2019 as trade tensions bite
This would follow a 2.8% annual increase in 2018, the sharpest rise in four years.
Grade A office rental growth hits 6.7% in 2018
However, the outlook into 2019 looks increasingly dim.
Exports down 5.8% to $339.9b in December amidst trade war drag
Trade volumes to India crashed 35.9%.
Hong Kong accounting firms digitise faster than Singapore counterparts
Around 81% of local firms use automation apps compared to 34.5% in Singapore.
7 in 10 Hong Kongers believe fintechs are as trustworthy as banks: survey
However, 22% admit that the former are less trustworthy than old-guard lenders.
Hong Kong banks' pre-tax profit up 19.4% in 2018
NIM rose to 1.62% from 1.45% in 2017.
Guangzhou and Busan surpass Hong Kong port's performance
Filled vessels in Hong Kong fell 5.4% in 2018.
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