News

Property market to rebound in 2019 as investors chase decentralised assets

One notable deal was PAG’s $11.77b acquisition of Mapletree Bay Point in Kwun Tong in February.

Hong Kong ranks as eighth most attractive office location for tech tenants

Its proximity to Shenzhen is cited as one of the “wild card” factors.

Hong Kong beats US but trails Singapore in world competitiveness rankings

The city had stellar scores in government and business efficiency.

Alibaba's US$20b Hong Kong IPO could pressure rates up

Hong Kong’s short-term rates have tumbled since 2018 amidst tepid demand.

Hong Kong's second-richest man passes on massive property empire

Lee Shau Kee’s sons will succeed as joint-chairmen of Henderson Land Development Co.

Hong Kong's quality of life is the world's 44th best: report

Meteoric property prices put Hong Kong behind cheaper Asian cities.

China East Education seeks up to US$680m in Hong Kong IPO

It is offering 435.8 million shares priced at $9.80 to $12.26 apiece.

Exports down 2.6% to $321.5b in April

Double digit export volume declines were recorded in India, Taiwan and the US.

Inflation up 2.9% in April

Higher prices for food, housing and transport offset declines in utilities.

Alibaba Group seeks to raise US$20b in secondary Hong Kong IPO: report

The firm plans to file a listing application in H2 2019.

Home price gap between New Territories and Hong Kong Island narrows to 79%

Mass housing prices in Sai Kung have surged 23% since 2014.

Hong Kong lags behind India and Singapore in workplace automation

More than half of offices are hesitant to adopt AI operations.

Hong Kong raises US$1b in oversubscribed first green bond

Half of investors that placed orders came from Asia and nearly a third from Europe.

Hong Kong fails to rank amongst the world's top innovative cities

Although it ranks high in tertiary education, the city’s R&D and patent generation investments fell short.

Hong Kong expat pay package up to US$276,417 in 2018

This comes with an average salary of nearly US$87,000.

Over $13b of arrears owed to Hong Kong SMEs in 2018

More than one in ten invoices were left unpaid.