Hong Kong

Faster Payment System processed 1.58 million transactions in October

The value of Hong Kong dollar-denominated transactions hit $33.29b.

Five practices to help strengthen online security

E-commerce is Hong Kong’s number one side hustle pursuit, according to GoDaddy’s Gig Economy Survey in 2017, highlighting the city’s enduring entrepreneurial spirit. The growing numbers of Hongkongers involved in sideline businesses or side hustles can thank the proliferation of cloud technology, which is empowering people to put their ideas quickly, efficiently, and affordably online, as they look to acquire new customers and grow their ventures.

Hong Kong's 28-month home price uptrend collapses in August

The two-year streak was broken after residential property prices fell 0.1%.

Hong Kong Island's pricey office rents push cash-short tenants to Kowloon

Kowloon saw over 100 new leasing transactions in September.

Equities rout wiped out 7.38% from MPF in January-October

Citizens lost an average of $19,661 in the first ten months of 2018.

Do banks have reason to fear as Chinese lending accelerates?

Mainland Chinese exposure accounted for nearly a third of total assets.

Capco mulls sale of West London estate to CK Asset Holdings

The owner of Earls Court estate is demerging its business.

Mid-price brands outdo luxury retailers in August expansion

Charles & Keith is opening another store in Parker House.

Restaurants continue to thrive as receipts hit $29.9b in Q3

Bars outperformed other food segments after receipts grew 10.1% in value.

PMI hits 48.6 in October as Chinese demand falters

The decline in sales to Chinese markets was the highest in two years.

Bank loan growth may halve to measly 3% in December

The steep decline is partially due to higher interest rate environment.

All roads point to a correction for Hong Kong's weakening property market

New-home sales in October fell to its lowest level in 16 months.

Asia's ultra wealthy stoke Hong Kong and Singapore's family office boom

The number of newly built offices may have grown 15% in first three quarters of 2018.

Blockchain-powered trade finance platform goes live

eTradeConnect will digitise the paper-intensive process.