News

More residential developments to be up for sale

More residential developments to be up for sale

Over 8,000 residential developments are expected to be completed by 2014.

Is Leung pro-business?

Suspicions he’s not and is really a “closet communist” continue to hound Hong Kong Chief Executive-elect Leung Chun-ying.

Residents binge on flats

Hong Kong’s residents boost the property market with a surge of purchases in March.

Credit card fees becoming more expensive

HSBC raises fees to over 2.5 percentage points and more leading banks are following suit.

Hong Kong's credit profile dragged by China's country risk

The city state faces rising macro-prudential risks due to a surge in bank lending and housing inflation, says Fitch.

China remains profitable for Hong Kong businesses

China still offers growth amidst adversity.

China CITIC Bank may have to bankroll again amid new capital rules

CITIC Bank may not have put capital concerns behind it even after raising Rmb26bn funds in 3Q11, says CIMB.

February a good month for retail

Total retail sales volume for February less the effects of inflation rose 10% compared to the same month a year earlier.

A look into Leung’s mind

Hong Kong’s Chief Executive-elect Leung Chun-ying has been a media darling since his election Sunday.

Trade deficit soars an astounding 415%

Hong Kong posted a massive trade deficit in February.

Loan approvals rise sharply in February

The Monetary Authority has announced upbeat news for the property sector.

Leung elected Chief Executive

Long-shot outsider Leung Chun-ying was elected yesterday by Hong Kong’s elite as the next Chief Executive.

Inflation slows in February

One-off government relief measures helped tame inflation in February.

Closer monitoring for short selling

Rules providing for a new short position reporting regime will be gazetted on March 23.

HKIA scheduled to open third runway by 2023

The Executive Council’s endorsement of the the construction of a third runway at Hong Kong International Airport should see the new runway completed by 2023.

Outward processing exports to the Mainland slow down

Hong Kong exports to mainland China for outward processing fell slightly during the 4th quarter of 2011 year-on-year.

GNP, GDP improve in 4Q 2011

Hong Kong's gross national product rose 7% to $511.3 billion in the fourth quarter last year over the same period in 2010.