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Real estate investment volumes dropped 25% in Q3
Real estate investment volumes dropped 25% in Q3
Investors are feeling the heat from rising interest rates and escalating trade tensions.
Grade A office rental growth softened to 0.5% in October
Weak stock market performance and escalating trade tensions weighed on investment volume.
Inflation hits 2.7% in October
The increase in electricity, gas and water prices rose to 4.1%.
Hong Kongers pin hopes on healthcare industry as economy weakens: survey
Residents believe it has higher growth potential over IT and e-commerce.
16 companies hailed as the region's best exporters at the inaugural Asian Export Awards
The winners were presented to over 150 guests.
One in five are living in poverty in Hong Kong
Residents below the official poverty line hit 1.4 million in 2017.
Singapore is a more competitive talent hub than Hong Kong
The SAR's invests only 3.3% of GDP into education.
HKIA passenger traffic inches up 0.5% to 6.19 million in October
The volume of visitors from Japan and Europe grew the largest.
Jobless rate flat at 2.8% in August-October
This translates to around 116,000 unemployed persons.
Economic growth slows further to 2.9% in Q3 as trade war dims outlook
This extends a steep decline from 4.7% in Q1 to 3.5% in Q2.
Hong Kong exports rose 1.9% in September
Export volume to India climbed 8.3%.
Small caps plunging as much as 93% spark share pledge fears
Reports abound that a large holder liquidated shares after a loan soured.
Retail rents in Causeway Bay are the world's most expensive
Leasing costs are at a whopping $2,671 sqft/per year.
Thriving IPO scene shows signs of pressure as stock markets slump
An Alibaba-backed share sale has already delayed its IPO plans.
Lantau reclamation plan brings reprieve to pressured office sector
A third CBD will be created to relieve Central and Kowloon East.
Tighter tour guide rules loom after visitors overwhelm Lantau
Tour guides operating without a license may soon be a criminal offence.
Land for Hong Kong-Shenzhen tech park to be unlocked by 2021
The IT hub is expected to be around 1.2 million square metres.
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