Hong Kong

2017 GDP growth projections revised upward to 3-4%

Thanks to robust private consumption and investment.

Cathay Pacific just lost $2.1b in 1H17

No thanks to lower passenger count.

Mandatory Provident Fund plan to be finalised

It's planning to scrap the MPF offestting mechanism.

Private home completions up 18% to 8,789 units in 1H17

Sales of small units are driving this growth.

Apple tightens online sales policy in Hong Kong

The company disallowed returns and exchanges of all products bought online.

Banks to have a 'very good' capital buffer for the next 12-18 months: Moody's

That is in response to the move towards more stringent regulatory requirements.

CLP Holdings' profits down 3.5% US$755m

No thanks to volatile energy prices in Australia.

Wharf Holdings' core net profit up 22% to $7.2b

Driven largely by strong contributions from the property segment.

Hong Kong's economy grew 3.8% in 2Q17

Real GDP growth forecast for 2017 was revised upwards.

FTLife launches MediSave Medical Account

This is to keep pace with rising health care costs while growing wealth.

Digital marketing trends to watch in Hong Kong

The world of digital marketing never remains static. Technology is developing new and innovative ways to engage with audiences in the Hong Kong market. Any brand that wishes to maximize their success in the marketplace should be aware of these trends, to help ensure their digital marketing strategy doesn’t lag behind the competition.

Hong Kongers burdened by soaring home prices

Mortgage-payment-to-income ratio rose to 54.2%.