News
Tycoons cash in on strata office market as deals hit US$3.8b in H1
Tycoons cash in on strata office market as deals hit US$3.8b in H1
The deal volume already beat the full-year record from 2017.
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.
Millennials drive credit card growth as average balance hits $39,000 in Q2
They hold a fourth of the city’s total card balances.
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.
Is Hong Kong's heated property market finally heading for a crash?
Residential property prices may fall 13% in 2019.
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.