Hong Kong

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.

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.

Exhibition industry contributes $52.9m to 2016 GDP

The industry also generated 77,000 jobs in the same period.