News

Cancer testing startup Grail shies away from Hong Kong listing as it mulls US pivot

The weak performance of earlier biotech listings may be to blame.

Retail sales reverse September slowdown to hit $39.7b in October

The faster increase in visitor arrivals boosted purchases.

Hang Seng Bank beefs up fintech capabilities in Tencent tie-up

They will develop a remote account-opening solution.

Hong Kong to license first online-only insurer in December

The pioneer will be part of the new fast-track system.

Banks' loan growth eases to 2% in October

This represents the fourth straight month of decline.

Hong Kong's hottest IPOs lose steam as returns fall short

The 10 most popular stocks by retail subscription ratio fell 36% on average.

Fosun Tourism Group launches US$548m IPO

It is offering 214.2 million shares priced at $15.6 to $20 apiece.

2 in 3 Hong Kongers worry about having a 'comfortable' retirement

40% are willing to sacrifice part of their wages for a better retirement benefit scheme.

Hong Kong is still less prosperous than Singapore

The SAR settled for 22nd place in the global rankings.

Vietnam overtakes Hong Kong and Singapore in SEA IPO fund market

Vietnam hauled $35.22b in IPO proceeds against Hong Kong's $18.18b.

Exports rebound 14.6% to $383.7b in October

This comes on the heels of 4.5% export growth the previous month.

Hong Kong finance M&As plunge to US$1.15b YTD amidst Beijing crackdown

This could mark the lowest possible deal volume in 13 years.

3,000 job vacancies loom as Hong Kong's insurtech scene booms

There's a hot demand for risk managers and tech talents going into 2019.

Housing market hit with worst declines since 2016

Less than 500 homes were sold for the month as of 25 November.