Hong Kong
57% of Hong Kong trust sector grew assets in three years
57% of Hong Kong trust sector grew assets in three years
But firms are growing more worried about compliance costs.
Hong Kong's consumer prices up 1.4%
Price hikes were seen in take-out meals, transport, and alcohol.
Beyond Ventures, Alibaba inject $312.31m in genetics firm
Prenetics is raising money to use on digital health infrastructure.
Financial services firms struggle to keep up with digitisation
52% say their finance teams can't easily adapt to newly implemented technologies.
Hong Kong's goods exports up 5.4%
Volume of goods re-exports edged up 5.6%.
Hong Kong slashes tax on businesses' first $2m profit
R&D firms can have as much as a 300% tax deduction.
Patek Philippe presents patek.com in a totally new format
Site adaptable to all devices.
Central office rents up 0.2% in August
It was led by a 0.5% m-o-m growth in Grade A2 office rents.
Luxury homes to account for only 2.2% of units to be completed until 2021
Capital appreciation potential will be higher for luxury flats.
Funds raised by Hong Kong IPOs down 37% to $85.7b
But the number of IPOs increased 52% to 114.
400,000 passengers departed Hong Kong in Mid-Autumn Festival
Over 320,000 have arrived.
Property sales dropped 20.7% to 7,540 deals
Total consideration was $56.6b.
Dwellworks moves into new corporate home in The Hennessy, Wanchai
They transformed the new office into a home-like workspace.
AI is taking the tedium out of recruitment
Will 'bots be taking over the world of headhunting?
Retail sales value up 2.7% to $34.8b
Volumte of total retail sales inched up by 3.2%.
Hong Kong's deficit hit $15.7b in August
Expenditure, on the other hand, hit $36.87b.
Approved mortgage loans fall 10.8% to $30.1b
Loans for refinancing dropped 8.1%.
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