Hong Kong
Fintech will go mainstream in Hong Kong by 2018: KPMG
Fintech will go mainstream in Hong Kong by 2018: KPMG
The industry is entering a new era of Smart Banking.
Property sales down 11.8% to $66.7b in November
There were a recorded 7,601 sale and purchase agreements last month.
Home sales down 6% to 5,289 sold units in September
However, new residential launches were still warmly received.
HKIA's mobile liaison centre upgrades airport emergency services
It boasts of advanced digital equipment for surveillance and crisis communication.
HKEX unveils ID model for investors in northbound trading
It plans to identify orders at the client level for market monitoring purposes.
Communications Authority unveils licence for wireless IoT devices
It’s an effort to embrace disruptive technology for future smart city applications.
Fed rate hikes can cool heated property market
The IMF described Hong Kong’s property market as booming and overvalued.
Residential sales volume may hit 63,000 units in 2018
Most of the new housing supply will be built on New Territories.
9 in 10 CIOs prefer contractual IT employees
Demand for temporary workers with software development skills is strongest.
Housing Authority to launch mobile app
It will be aimed at public rental housing tenants.
Retail sales up 3.9% to $37.5b in October
Thanks to the ongoing recovery of inbound tourism.
Mortgage loans grow to $1.19b in October
However, mortgage applications and approved loans fell.
Residential sales volume down 6% in October
Prices also went down 7.5% MoM.
HKMA launches fintech supervisory chatroom
It seeks to provide early-stage feedback on fintech proposals.
4 in 5 professionals expect pay hikes in 2018
Workers generally hope for a modest 2-3% increase in pay.
Hong Kong ranks third in prioritising further investment
They also prefer to invest rather than save.
Exhibition industry contributes $52.9m to 2016 GDP
The industry also generated 77,000 jobs in the same period.