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Sales of watches expected to steady or grow in 2020
Sales of watches expected to steady or grow in 2020
Smart and automatic watches are viewed as the most popular categories.
HKEX inks sign fintech MOU with Ping An
The deal aims to build Hong Kong’s capital market ecosystems.
Total port cargo rose 4.8% to 69.3 million tonnes in Q2
Tonnage of outward port cargo to Macao skyrocketed 79.2%.
Kowloon properties up for auction with $2.14b reserve price
Total site area is at 19,725 sqft.
HKMC unit launches relief measure for SME borrowers
Only interest payments have to be made during the moratorium.
Hong Kong heads towards recession as August PMI sinks to 11-year low
Cutbacks in purchasing activity was the worst recorded since July 1998.
New residential launches halved in July-August
Billion Development’s The Aurora's sold-out units are Tsuen Wan's cheapest in a decade.
Tourist arrivals down 4.8% to 5.2 million in July
Arrivals from China dropped 5.5% in the same month.
Property sales down for third straight month in August
Sales plummeted 30.4%, a $18.05b loss compared to a year earlier.
Hong Kong holds back capital outflows for now: Natixis
The HSI volatility index has shot up slightly above the VIX index, which reflects the global environment.
Tuen Mun site sold for $244.19m
It is designated for private residential purposes.
Retail sales fall 11.4% to $34.4b in July
Sales of jewellery, watches and clocks, and valuable gifts crashed 24.4% YoY.
Overseas real estate investments fell 31% to $40.79b in H1
Total commercial real estate capital deployed to Singapore hit $10.96b.
Hong Kong Business hails the most outstanding companies in 2019
The awards ceremony was graced by around 100 executives.
July exports shrunk 5.7% to $338.6b
Electrical machinery, apparatus and appliances, and electrical parts registered a 6.9% YoY decrease to $9.7b.
Hong Kong prime office rents shrink 1.1% in Q2
Central’s rental rates recorded a 0.2% YoY decline to $161.1 psf monthly.
HKB Management Excellence Awards 2019 opens doors for nominations
Entries will be accepted until 18 October 2019.
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