Hong Kong

Hong Kong makes huge headway in realising smart banking ambitions

It launched a real-time fund transfer system, open API guidelines, virtual banks authorisation in 2018 alone.

Nearly half of consumers set to join Black Friday shopping craze

Hong Kongers are expected to spend an average of $825.

Retail investors cash in on Hong Kong's severe market rout

Investors trading callable bull/bear contracts made about $480m in profits.

Local lenders jostle for market share as Chinese banks encroach into home turf

Mainland-owned banks accounted for 38% of system assets and deposits by 2017.

Government unveils guidelines for solar power installation

It aids in understanding related Feed-in Tariff application procedures.

Hong Kong shakes up Western dominance as it ranks second best city for cross-border property capital

Investment volume ballooned 259.4% in Q2 thanks to aggressive Mainland investors.

Tesla beefs up Hong Kong foothold with Kowloon charging hub

The 50-stall Destination Charging facility can provide full charges within a few hours.

Gaw Capital joins $15b buyout of Cityplaza Three and Four

It will reportedly join Henglilong Investments as buyer.

Hong Kong $33.7b border project pushed back to 2019 as troubled contractor flounders

Leighton has been suspended over construction issues in a separate project.

19 land transactions registered in Q3

The deals had a total land premium of $1.6b.

SFC laments underperforming bank IPO sponsors

It is enhancing sponsor standards in order to reclaim the global IPO crown.

45-year-old Excelsior Hotel soon to be an office building

The redevelopment will cost Mandarin Oriental about $5.09b in a span of six years.

7 in 10 elderly lament Hong Kong's insufficient product range

Insurance and travel were amongst the industries with poor satisfaction rates.

University of Hong Kong injects $10m into Hangzhou space lab

It also aims to launch a micro-satellite on a Chinese rocket in 2019.