Hong Kong

Agile's property management unit plans $4.7b Hong Kong IPO

Shares of A-Living Services Co Ltd will be priced at $10.80 to $14.20 apiece.

Only 2 in 10 employers plan to offer substantial pay hikes in 2018

This is equivalent to a salary increase of more than 6%.

State-funded incubator boost startups in creative industries

The Design Incubation Programme supports ventures in fashion, interior design and media amongst other creative fields.

Pending housing supply slumps 33% to 17,000 units under construction in 2017

Analysts, however, believe this is no cause for alarm as staggered housing launches will still be sufficient.

Hong Kong's bourse reform plan seeks to tap on Chinese drug stocks

SEHK is considering opening up the exchange to allow pre-profit biotech companies to list.

Luxury homes beat year-end slump as high-value sales rise 9.4% in Q4

This was equivalent to sales of 3,297 luxury residential worth $10m and more.

Total exports up 6% to $360.7b in December

Imports also rose 9% to $420.6b over the same period.

Number of GEM stock debuts slashed following small-cap crackdown

New stocks rose 23% on the first trading day, down from 605% for the year through January 2017.

Battered retail sector gains its footing as sales may hit $480b in 2018

The sector is poised for a rebound following a bullish global economic outlook.

7 in 10 Hong Kongers prioritise travel over meals out and beauty treatments

A fourth of the respondents are willing to give up these luxuries to set foot in European cities.

Hong Kong strengthens bilateral financial ties with Switzerland

A total of three MoUs were signed to boost financial cooperation between the two economies.

Tender awarded for Kwun Tong residential site for $3.11m

The 50-year land grant was awarded to Clever Like Limited.

HKEX unveils plans to boost bourse's market infrastructure

The new securities trading system, which will launch in February, can support 60,000 transactions per second.

Poor and small production structure drags Hong Kong's industrial revolution

Despite advances in technology, Hong Kong's production structure ranked 58th out of 100 surveyed economies.