News

Retail sales value up 0.1% to $35.2b in April

Retail sales value up 0.1% to $35.2b in April

Retail sales held stable amidst the sustained recovery in visitor arrivals.

Property sales drop 16.1% in May

There were 7,536 sale and purchase agreements for all building units.

Two in 3 workers say a pay rise is not enough to make them stay

Two in five employees expect their base salary to increase by up to 5%.

Not fast, not furious: Why government regulations can't keep up with transport innovation

Politicans are not reacting quickly enough to come up with right policies for automated vehicles.

RMB deposits in Hong Kong up 4.1% to RMB528b in April

Overall foreign-currency deposits increased 0.7%.

Approved mortgage loans slip 13.6% to $31.9b in April

The number of mortgage applications decreased 16.5% to 13,027.

Here's proof that Hong Kong made no progress in cooling its property market

Thousands of buyers queue for newly-released developments.

Developers' ability to provide secondary mortgages to be affected by HKMA's new rules

HKMA lowers the LTV for construction financing to property developers.

What you need to know about HKMA's new guidelines to banks

How will these impact domestic property prices?

Hong Kong corporates and banks could be downgraded next

Moody's rationale for the sovereign downgrade could also be applied to them.

Banks raise mortgage rates as HKMA implements new measures

The HKMA raised risk-weighted floor to 25% for new residential loans.

Here's how China's recent stabilisation affected Hong Kong

Hong Kong's re-exports to the mainland surged in Q1.

Government to implement revised tax policies

They include widening the marginal salary tax bands to $45,000.

Cathay Pacific denies it will fire another 200 staff this year

Spokesperson says layoff will be just around 600.

Hong Kongers waste time in setting up virtual meetings: survey

Almost 30% spend 11-15 minutes struggling with meeting technology.