News
Hong Kong's property prices may continue to fall in 2019
Hong Kong's property prices may continue to fall in 2019
Slowing Chinese buyer demand and rising mortgage rates will drive down prices.
Hong Kong investors expect 1.9% lower returns compared to Asian peers
Expectations amidst investors were still 0.3% higher than the 9% forecast in 2017.
A third of Hong Kong workers go through mental health problems during employment
The impact is largely seen in junior employees who have just jumpstarted on their careers.
Construction output dips 1.1% to $60.3b in Q3 as residential projects slow
Building works for residential projects dropped 6.5% to $15.2b.
Investment product sales surged 34% to $508b in 2017
The double-digit growth came as Mainland firms beefed up their wealth businesses.
Half of Hong Kong companies lost new recruits amidst poor onboarding
A third of firms had employees resign in their first month.
Grade A office capital values may drop 10% in 2019
Central and Kowloon East are forecasted to post the slowest growth.
Hong Kong inches closer to Singapore in digital transformation: study
7 in 10 of the SAR's population have access to superfast internet connectivity.
HKMA cuts down a third of virtual banking applicants
They failed to submit sufficient information on authorisation criteria.
Hong Kong's open banking movement lures interest beyond retail clients
SMEs and corporates also acknowledge the merits of the pivot.
Total port cargo throughput down 13% to 61.7 million tonnes in Q3
Inward port cargo tonnage crashed in US, Japan and Korea.
Cathay Pacific hikes staff wages despite $263m loss in H1
Around 14,600 eligible employees can expect a 3-8% increase in wages.
HSBC installs ‘dementia' specialist staff in Hong Kong
They will assist the elderly with their finances.
Central is still the world's priciest prime office market in Q3
Occupancy costs are at $2,641 (US$338) psf.
Visitor arrivals rose 11.5% to 5.88m in October
Mainland tourists accounted for nearly 80% of monthly arrivals.
PMI down to 47.1 in November as Chinese business suffers deep losses
Exports to China fell at the fastest pace in three years.
Banks make do with falling loan growth as earnings lifeline
Gains from Chinese business will remain muted.
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