News

Healthcare spending may double to $315b by 2033

Hospital-based care accounted for total health expenditure of $75.1b in 2018.

Chinese TMT IPO proceeds triples to $264.9b in 2018

China Tower Corp, Xiaomi Corp and Meituan Dianping had the largest IPOs in H2 2018.

HKEX acquires Shenzen-based tech company

The firm plans to buy a 51% equity interest.

Tourist arrivals surge 17.9% to 6.59 million in December

There were over 5.12 million tourists from the Mainland.

Hong Kong's residential rents may be bottoming out

The rental decline narrowed to 0.3% in January.

GDP growth grinds to a halt at 1.5% in Q4

It was significantly lower compared to the 3.7% increase in the first three quarters.

Securities regulator joins the fray fleeing Central's pricey office market

The SFC will move to One Island East in 2020 to cut rental costs.

Grade A office vacancy rate rose to 4.4% in January

Vacancy rates in Central and Kowloon East hit 2.3% and 10.3%.

Half of Hong Kong adults struggle to make investment decisions: poll

Respondents lament small wages and overspending in meeting their financial goals.

Struggling Chinese firms to lift Hong Kong banks' classified loan ratio to 0.75% by 2019

The number of defaults quadrupled to hit a record $17.68b in 2018.

Strong sales unlikely to stem home price decline: JLL

Monthly sales need to hit 5,700 transactions to prop up slowing prices.

PMI hits 48.2 in January as trade war gloom persists

This is the tenth consecutive month of deterioating private business conditions.

Online banking scams rose threefold in 2018: HKMA

There were 62 cases of phishing last year.