In Focus
Hong Kong bourse still loses to New York in IPO funds raised in Q1
Total funds raised hit $24.4b which is nearly a quarter of NYSE's overall IPO proceeds.
Hong Kong bourse still loses to New York in IPO funds raised in Q1
Total funds raised hit $24.4b which is nearly a quarter of NYSE's overall IPO proceeds.
Temp work booms as employers move to slash hiring costs
Six in 10 recruiters are opting for such temporary hiring strategies.
Hong Kong loses to Singapore as top APAC location for startups
Business costs are more expensive in the Asian financial centre than the lion city.
Hong Kong amongst economies most vulnerable to banking crisis
The Asian financial centre has one of the worst credit-to-GDP gaps globally.
Hong Kongers prefer mobile wallets despite glitches over call centres and OTC banking
They welcome the convenience and all-day accessibility of digital alternatives.
Slashed tax duties but no cash handouts for Hong Kong despite staggering surplus
The budget address disappointed residents waiting for a repeat of the 2011 handout scheme.
Hong Kong loans grew 16% in 2017 amidst soaring property prices
It posts one of the largest loan growth in Asia, easily beating Singapore, Thailand, Indonesia and Malaysia.
Hong Kong to eat Shenzen's dust by 2018
Slowing trade and high labour costs is dragging Hong Kong’s competitiveness.
Hong Kong banks bust out the chatbots
Digital savvy clients may soon prefer to interact more with chatbots.
Hong Kong scores top Asian fintech investment as China's unicorns take a break
WeLab’s $220m series B funding round has some big-time backers including Alibaba.
Omnichannel may just be Hong Kong retail's saving grace
Retailers should tap into this goldmine as the consumer preference of Hong Kongers increasingly turns digital.
Homegrown startups raise record-high funding as total VC investment hits $425m in Q4
The $220m capital infusion for fintech startup WeLab was the ninth largest year-end deal in Asia.
Which sector dominated the year-end capital market?
The biggest deal from this sector was valued at $40.3b.
Poor and small production structure drags Hong Kong's industrial revolution
Despite advances in technology, Hong Kong's production structure ranked 58th out of 100 surveyed economies.
The changing face of Hong Kong's retail
Retailers should be ready to revamp their stores into unique lifestyle concepts to battle e-commerce.
No chill: Property prices will go up and up
Only 1 in 10 or 11.5% of total households will be able to afford an average private housing by 2019.
Co-living offers a communal alternative to cold and costly Hong Kong
Young professionals can rent beds for around HK$3,500 to HK$5,500 each.
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