Hong Kong
ADB warns of HK’s deteriorating fiscal position after 15 years
ADB warns of HK’s deteriorating fiscal position after 15 years
Aging population and social spending are the culprits.
Cheung Kong’s Trinity Tower bags 216-unit sale
It sold in just four hours.
Home prices increase a measly 0.1%
Centaline says it will soon push down.
Mortgage loans rebounds at unremarkable 9.8%
It shows slow property transactions.
Hong Kong banks’ deposit growth lags at 1.6%
Loan demand pushes tighter liquidity.
Strong January spending keeps retail sales up by 6.6%
Clothing and footwear sales are largely improved.
Gaming likely to deliver 10% growth for March
It exceeds initial expectations.
Retail sales value edged up a tad 6.6% to $40.5v
Volume also rose 7.9%.
Government expenditure hit $388.3b
Surplus reached $31.8b in February.
Property market no longer in 'overheated state': CE Leung
Housing measures have been effective.
Wan Chai home site up for grabs
It'll be until May 30.
Government eyes shelling out $227m for artificial islands
Project study will start in July.
Hong Kong inflation dropped to 3.9%
Prices continue to moderate.
Developer sales climbed 20% to 36 units
Discounted projects up for grabs.
Unemployment rate stagnates at 3.1%
Improvement seen in underemployment.
Household debt to GDP ratio jumps to record-high at 62%
Blame it on mortgage growth.
Hong Kong tourist arrival snags 3rd spot in biggest regional increases
It's an impressive 11.7% growth.