News

Total port cargo throughput down 5.2% to 66.1 million tonnes in Q2

Blame double-digit declines in inward port cargo to SIngapore and Japan.

Three quarters of Hong Kong bosses open to foreign IT hires

Nearly half plan to offer attractive lifestyle packages to lure top talent.

Meituan Dianping's January-April losses nearly triples ahead of mega IPO

The company booked $26.2b loss in the first four months of 2018.

PMI hits 48.5 in August as demand dries up

Business confidence plunged to a near two-year low.

Hong Kong Business hails the most outstanding companies in 2018

The awarding ceremony was graced by nearly 100 executives.

Chinese movie ticketing platform seeks up to US$1b in Hong Kong IPO

Maoyan Weiying is planning to use the proceeds for R&D and product enhancements.

Exchange Fund assets up to $4.14t in July

Both foreign currency and Hong Kong dollar assets rose.

Hong Kong and Singapore private banks wage war for wealth managers to lure Asia's crazy rich

Banks are willing to offer pay hikes between 30-45% to secure the best talent.

Hong Kong's aggregate balance expected to hold above $50b in end-September

The HKMA drained further liquidity after buying $14.57b last week.

Tourist arrivals up 5.7% to 5.46 million in July but shows sign of slowing

There was a notable decline in Asian tourist volume particularly in Indonesia and Philippines.

What are the key risks to buoyant Hong Kong banks?

Intricate Mainland ties are both boon and bane.

Will investors embrace lower grade offices as price gap widens?

The gap in central for Grade A and B offices is at least $15,000.

Government moves to incentivise elderly and PWD hiring

Bosses hiring those aged 60 or above can get monthly allowance of up to $4,000 per employee.

Bank lending slows to 9.5% in July amidst threats of higher borrowing costs

This represents the slowest pace of growth in over one and a half years.