News

Hong Kong banks loan growth rebounds 5.2% in November

Business sentiment recovered mildly as corporates ramped up borrowing.

Retail sales slow 1.4% to $39.2b in November

Buying sentiment has soured in response to economic uncertainties.

Hong Kong exports crash 0.8% to $364.3b in November

The headline figure reverses the previous month’s double-digit growth.

Inflation slows to 2.6% in November

The increase in food prices hit 3.5%.

Hong Kong's university graduates are joining the public housing race

The number of applications hit as high as 32,000 in the year to March 2015.

Hong Kong hikes base interest rates by 25 bp to 2.75%

This represents the fourth tightening in 2018.

HKIA passenger volume up 1% to 6 million in November

The monthly surge was driven by passengers to and from Japan and North America.

Insurtech, hiring spree reshape Hong Kong's insurance scene

The rolll-out of the IFRS 17 calls for massive hiring of regulatory professionals.

Prime street shop rents to fall by at least 5% in 2019

The weak renminbi and stock market are to blame.

Jobless rate flat at 2.8% in September-November

This translates to 110,800 unemployed persons.

Hong Kong banking industry needs to amp up skills on fintech and cybersecurity: study

Only 2 in 5 industry professionals have gone through fintech training courses.

More than half of Hong Kong banking professionals willing to work in GBA cities

Those employed in senior management positions are the most willing to transfer.