Hong Kong

Is the Asian wealth race shifting away from Singapore and Hong Kong?

Wealth managers are shifting to cities like Jakarta, Shanghai and Manila.

Third-party logistics players ramp up expansion plans despite trade jitters

ATC Air Service and AK Logistics grew their Kwai Chung footholds in July.

Why are temps expecting 25% higher pay than regular workers?

Their belief in their niche expertise skills drives them to demand more.

Local hotel market boosted by 1,000 new rooms in H1

The completion delay of Ocean Park Marriott would've boosted supply figures more.

Australia to ink free trade deal with Hong Kong

Two-way trade between the pair is around $93.44b.

Office vacancy rates tighten to 3.9% in July

Hong Kong East dislodged Central as the district with the lowest vacancy rate at 1.4%.

Hong Kong has slower fixed broadband speed than Singapore

The SAR fell to second place with a speed of 145.65 Mbps.

HKMA slaps $5m fine on Shanghai Commercial Bank over money laundering breaches

SCOM failed to monitor its relationship with 33 customers with suspicious transactions.

Unemployment rate steady at 2.8% in May-July

This translates to around 114,700 unemployed Hong Kongers.

Can China's payment titans crack Hong Kong's mobile wallet market?

AlipayHK users have doubled to 1.5 million since March.

Alibaba-backed e-parenting firm eyes $1b Hong Kong IPO

Babytree is targeting a valuation of up to US$5b.

Beijing to launch smart cards for Mainland-based Hong Kongers in GBA push

Cardholders will enjoy same access to public services as Mainland counterparts.

California embraces Hong Kong market as trade war squeezes export options

US cherries sold in the SAR in August were around 10% cheaper than last summer.

Peg defense boosts interbank borrowing costs to two-month peak

The HIBOR for a one-month interest period hit 1.38%.