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Exchange Fund recovers from massive hit amidst $1.6b gain in Q3
Exchange Fund recovers from massive hit amidst $1.6b gain in Q3
However, performance is likely to remain subdued amidst forex losses.
Hong Kong fintech investments more than doubled to US$550m in 2017: FS Chan
The level of investment exceeds that of Singapore, he says.
Private homes for sale in Hong Kong hit 14-year high in Q3
Market take-up, however, may not been as warm as it used to.
Hong Kong bourse profits surged 20% to $2.4b in Q3
Stock listing fees surged 29%.
Airlines slap fuel surcharge amidst rising oil costs
The most common charge added to ticket cost is $1,304.
Director 'overboarding' spark calls for reforms
There are 113 firms where a director serves on more than six boards.
Retail sales skyrocket by an average of 758% on Singles' Day
Residents spend an average of $960.
Tourist arrivals slows to 4.72 million in September
More Mainland tourists failed to offset declining volumes for the rest of Asia.
Kai Tak home plot's floor price sinks 18% to $8.33b
This is compared to a record-sale in the same area six months ago.
Faster Payment System processed 1.58 million transactions in October
The value of Hong Kong dollar-denominated transactions hit $33.29b.
Hong Kong Island's pricey office rents push cash-short tenants to Kowloon
Kowloon saw over 100 new leasing transactions in September.
Equities rout wiped out 7.38% from MPF in January-October
Citizens lost an average of $19,661 in the first ten months of 2018.
Office rents to fall 3.8% in 2019 as stock markets slump
The slowdown will break a four-year streak.
Do banks have reason to fear as Chinese lending accelerates?
Mainland Chinese exposure accounted for nearly a third of total assets.
Mid-price brands outdo luxury retailers in August expansion
Charles & Keith is opening another store in Parker House.
Restaurants continue to thrive as receipts hit $29.9b in Q3
Bars outperformed other food segments after receipts grew 10.1% in value.
Financial losses from cyber attacks skyrocketed 680% from 2012-2016
Banks are especially vulnerable to threats.
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