Hong Kong

Home ownership plunges below 50% in 2017 as prices skyrocket

Only 49.2% of households own their occupied homes, representing the lowest level since 1999.

How can Ping An's billion-dollar debut change the local IPO landscape?

The online healthcare platform is paving the way for lossmaking companies who want to go public.

Finance and property sectors most bullish on business outlook in Q2

They expect both output and employment levels to rise.

Inflation up 2.6% in March

Blame higher prices of packaged tours.

Government to incentivise renewable energy initiatives for power companies

Renewable energy certificates will be sold to corporations and the public.

Chinese liberalisation set to challenge Hong Kong's financial dominance

The maturing of the Mainland’s capital markets is slowing demand for dim sum bonds.

Mercedes Benz unveils two new auto series in Beijing

The A-Class Saloon and C-Class saloon both have ample space and comfort features for long drives.

Chinese P&C life insurers premium growth slow 16% in 2017

Non-motor premium growth hit 33%, outpacing total growth in premium at 6%.

Banks scrap fixed-rate mortgages as interbank lending rates surge

HSBC and BOC have already stopped offering the package whilst ICBC will stop on May 1.

Chinese online healthcare platform starts US$1.1b IPO preparations

Ping An Good Doctor will offer 160 million shares priced between $50.80 to $54.80 apiece.

Companies exit Central in droves amidst staggering rental costs

Goldman Sachs was the latest to pull out from the CBD.

Co-working operators buoy office leasing demand in Q1

They committed to 143,300 sq ft of new space in Hong Kong Island in Q1.

Hong Kong Business hails 2018's most exceptional products

The awarding ceremony was graced by over 80 executives.

Unemployment flat at 2.9% in January to March

The number of unemployed persons rose by 5,200 but was offset by labour force growth.

Patek Philippe unveils limited edition handicraft timepieces

This is in celebration of the 50th birthday of its second oldest watch, Golden Ellipse.