Hong Kong

Hong Kong inks deal with UK to share infra planning techniques

The MOU was signed by Permanent Secretary for Development Hon Chi-Keung.

Dollar depreciation may trigger slowdown in housing market

The ratio of HIBOR-linked new mortgage loans on floating rates has dipped to 86.2% in January.

Hong Kong is home to seven in 50 of Asia's multi-millionaires

There are 5,140 individuals in Hong Kong and China worth over US$50m.

Hong Kong emerges as top contender for world's potentially largest IPO

A New York or a London listing is unlikely as Riyadh eyes closer Asian ties.

HKC files protest over 23.6% steel and aluminum tariff hike

It fears that a hefty tariff might prompt a trade war later on.

HKMA may offer extra Exchange Fund Bills to halt dollar decline

The currency plummeted to a thirty-year low at $7.83 level on Tuesday.

Singapore hires more expats than Hong Kong

Almost a fifth of expats are employed in the lion city compared to 14% in Hong Kong.

Why Hong Kong listed company culture isn't fit for the future

The dominance of the large, listed companies so long at the heart of Hong Kong’s economic and business culture is under threat, challenged by the government efforts to boost competition, increasingly sophisticated shareholder demands, changing or disrupted markets and rival economic centres in the region.

Total port cargo throughput up 9.7% to 281.5m tonnes in 2017

Inward load from Mainland China, Malaysia and Singapore boosted year-end figures.

Mercedez-Benz dealer mulls $800m Hong Kong relisting

Lei Shing Hong reportedly plans to list in the second half of the year.

Hong Kongers prefer mobile wallets despite glitches over call centres and OTC banking

They welcome the convenience and all-day accessibility of digital alternatives.

Contract for Central Kowloon Route project signed for $5.01b

It will build a 390-metre-long tunnel in Yau Ma Tei to ease traffic congestion in the area.

Economic growth slows to 2.7% as Shenzen claims dominance over Greater Bay Area

The former fishing village surpassed Hong Kong after its GDP hit $2.72t in 2017.

Budget 2018 mum on addressing housing woes: Natixis

The administration's focus on education and IT is drawing attention away from the more pressing housing issue.

Cathay Pacific hit by massive $6.45b fuel hedging loss in 2017

The airline deep dives into the red after posting its fourth straight year of deficits.