News

9 in 10 Hong Kongers willing to spend more on renewable energy

9 in 10 Hong Kongers willing to spend more on renewable energy

Over half of this population are willing to pay the equivalent of a 5% electricity bill hike.

Green Form Subsidised Home Ownership scheme to be regularised

The GSH pilot project in King Tai Court, San Po Kong proved the merits of the scheme.

7 in 10 executives believe Hong Kong is being outpaced by other smart cities

They believe that Hong Kong lags behind in fostering a technology and innovation culture.

Exchange Fund smashes records after investment income hits $252b in 2017

Total assets reached $4.02t which represents a $404.8b annual increase.

Poor IT education burdens half of Hong Kong's CIOs

The current IT pool is therefore not well-equipped to meet the demands of the workforce.

Hong Kong investors acquire Chinese bitcoin exchange BTCC

This comes amidst a crackdown on cryptocurrency trading by Chinese authorities.

Only 2 in 10 employers plan to offer substantial pay hikes in 2018

This is equivalent to a salary increase of more than 6%.

State-funded incubator boost startups in creative industries

The Design Incubation Programme supports ventures in fashion, interior design and media amongst other creative fields.

Pending housing supply slumps 33% to 17,000 units under construction in 2017

Analysts, however, believe this is no cause for alarm as staggered housing launches will still be sufficient.

Hong Kong's bourse reform plan seeks to tap on Chinese drug stocks

SEHK is considering opening up the exchange to allow pre-profit biotech companies to list.

Luxury homes beat year-end slump as high-value sales rise 9.4% in Q4

This was equivalent to sales of 3,297 luxury residential worth $10m and more.

HKIA ramps up efforts to maintain lead as world's busiest cargo airport

It is enhancing overall ability to handle temperature sensitive goods like pharmaceuticals.

Total exports up 6% to $360.7b in December

Imports also rose 9% to $420.6b over the same period.

Number of GEM stock debuts slashed following small-cap crackdown

New stocks rose 23% on the first trading day, down from 605% for the year through January 2017.

Battered retail sector gains its footing as sales may hit $480b in 2018

The sector is poised for a rebound following a bullish global economic outlook.