News
Hong Kong to kick off chip-based technology for ATMs
Card replacement will be by 2014-2015.
HKIA's passenger trips up 1.3% in September
Cargo volume also increased 6.8%.
Investors upbeat on Hong Kong LPG business
See how NewOcean will benefit.
Retail sales measly grow 0.7% in August
Luxury gift sales declined for the first time since July 2009.
China State Construction's revenue up 41.6%
Operating profit and share of profit from JCE increased by 41%.
MGM China accepts land concession contract for Cotai
An initial down payment of USD56.4mn has been paid.
Total goods imports dipped 0.5% in August
And total exports fell 0.1%.
Unemployment rate climbs to 3.3%
Insurance, manufacturing and retail sectors were biggest losers.
Business operations hit all-time high
7,250 companies are alive and kicking.
Trade takes another beating
Hong Kong’s domestic export volume from January to August plunged 18.3% year-on-year.
Hang Seng continues climb despite dour Chinese news
The Hang Seng Index rose to a seven-month high yesterday with investors buoyed by data seeming to indicate China might have turned the corner.
Hong Kong bond issuers most active in Asia
Hong Kong accounts for 19% of the USD77.8bn-worth of USD bond issuances in Asia ex-Japan.
Hong Kongers 2nd most workaholic among top cities
Hong Kongers working more than 8 hours a day boost shoebox popularity.
Housing woes still top priority
10 initiatives had been unveiled to increase housing supply.
Hong Kong to suffer from increasingly unstable house prices
But on the flip side, HKMA's measures reduce the risk in the banking system.
This graph shows housing prices vs household incomes in Hong Kong
When money is this cheap there is always trouble down the line.
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