In Focus
Hong Kong retains AA+ rating and stable outlook from Fitch
City has a resilient and flexible economy.
Property measures are here to stay: FS Tsang
The measures are effective, he says.
New bus fuel could save hundreds of lives in Hong Kong
That’s because it will pollute less.
Hong Kong, Macau, Guangdong to build free trade zone
Not intended to compete against Shanghai FTZ.
Hong Kong is world’s seventh most competitive nation
Moves up two places in the Global Competitiveness Report.
Property curbs punishing top HK developers big time
Government not expected to scrap measures in next two years.
Retail rents rising in New Territories
It’s being caused by flood of mainland day-trippers.
World’s greatest white diamond to be auctioned in HK
Could fetch up to US$35 million.
Shanghai FTZ threatens to destroy Hong Kong’s financial dominance
HKMA warning follows revelation of FTZ plans by China.
Cathay and Dragonair blast Jetstar bid to fly in Hong Kong
Claim Jetstar doesn’t have its principal place of business in HK.
Government might ask real estate developers to build public homes
Wants to build 470,000 new homes over the next decade.
HK banks up rates ahead of long October holiday
Trying to prevent cash squeeze on renminbi funds.
Chinese mutual funds interested in Hong Kong property
Have over US$14 billion for overseas real estate investment.
Hong Kong Airlines and DFASS Group sign partnership deal
For inflight duty free concession and related services.
Pollution from new Chinese coal-fired plants will be deadly to Hong Kong
Pollution will come from Guangdong.
Hong Kong, Malaysian central banks strengthen cooperation
Will focus on offshore renminbi business development.