Hong Kong

Ztore.com hauls $62m in series B round

Funding proceeds will be used to launch its Ztore App.

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.

Up to 4% salary hike awaits tech workers in 2019

The demand will be driven in large part by fintech, as banks apply for their virtual banking licenses.

Hong Kong banks loan growth rebounds 5.2% in November

Business sentiment recovered mildly as corporates ramped up borrowing.

Chinese production studio mulls Hong Kong IPO

Youhug Media's share sale could raise at least US$100m.

Retail sales slow 1.4% to $39.2b in November

Buying sentiment has soured in response to economic uncertainties.

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%.

Hong Kong's university graduates are joining the public housing race

The number of applications hit as high as 32,000 in the year to March 2015.

Chinese solar farm operator delays Hong Kong IPO

Xinyi Energy Holdings cited a broader equity selloff in the country.

Hong Kong hikes base interest rates by 25 bp to 2.75%

This represents the fourth tightening in 2018.

HKIA passenger volume up 1% to 6 million in November

The monthly surge was driven by passengers to and from Japan and North America.

Insurtech, hiring spree reshape Hong Kong's insurance scene

The rolll-out of the IFRS 17 calls for massive hiring of regulatory professionals.

Prime street shop rents to fall by at least 5% in 2019

The weak renminbi and stock market are to blame.