News
Hong Kong beats Japan as world's third largest bourse
Hong Kong beats Japan as world's third largest bourse
The Hang Seng Index climbed 17% whilst the bourse's market cap hit US$5.78t.
HKB Listed Companies Awards 2019 is now open for nominations
Deadline for submissions is on 12 July 2019.
Firms tap into temporary and contract market to plug talent shortage
Almost all or 91% of companies have employed temporary or contract staff over the past year.
Luxury hotel room stock hit 18,839 in 2018
Occupancy rate rose 3 ppt to 89%.
Hong Kong's Voluntary Health Insurance Scheme goes live
Features include coverage extended to unknown pre-existing conditions and no limitations on ‘lifetime benefit'.
Hong Kong shapes up in heating virtual banking race
The first batch of licensees were granted to applicants with experience in running a deposit-taking and lending business.
Here's why Chinese developers are on a buying spree of old buildings
Compulsory sale applications from Chinese developers surged 160% YoY to 39 applications.
Hong Kong Business opens nominations for HKB International Business Awards 2019
Deadline for nominations is on 12 July 2019.
Hong Kong has the world's lowest prime logistics yield
The country’s prime yield stood at 3.4%, down 30 bps from 2017.
Hang Seng Industry Classification System to revamp stock classification
It will sort stocks into 12 industries, 31 sectors, and 94 subsectors to reflect developments in Hong Kong and Chinese markets.
Developers eye home upgraders to boost unit sales
Developers, hit by a supply decline of 6% in the next three years, look for alternatives to make profits.
Hong Kong bank loans grow 3.03% in February
Trade finance loans fell for the sixth straight month to $477.7b.
Check out Hong Kong's first co-working tower by Spaces
The building consists of 130 private offices and 800 workstations.
Retail sales up 7.1% to $48.1m in January
Sales at department stores and F&B outlets rose 15.1% and 13% respectively.
Decentralisation underpinned 2.6% rise in Quarry Bay rents to $54.65 psf in February
Stocks of larger floor space are expected to be released in 2020 and 2021.
Home sales dropped 10% to 4,089 in February
Sales have weakened ever since prices started falling in July 2018.
Authorities remove nine categories from proposed extradition law
It will cut sections including bankruptcy, securities and futures, and intellectual property.
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