In Focus

Hong Kong visitors top 11 million

Leisure travelers boosted Hong Kong’s visitor numbers by 15.6% in the first quarter.

Hong Kong visitors top 11 million

Leisure travelers boosted Hong Kong’s visitor numbers by 15.6% in the first quarter.

Price increase pads growth in Hong Kong restaurants

Total restaurant sales grew by 6% to HK$23.4b in 1Q2012, but sales volume shrank by 0.2%.

Interest in new property projects in HK waning?

Outcome of property transactions over the Golden Week public holiday seems to reflect the market's cautious outlook on projects by local developers.

Tsang on Asian business trips

Financial Secretary John Tsang is on the last leg of a tour to further promote Hong Kong’s advantages as a business destination to a trio of key Asian trading partners.

Hong Kong is perfect for overseas professionals

A recent study reveals that over 90% of professionals surveyed said moving to Hong Kong had improved their career prospects.

Hong Kong punishes erring underwriter

Hong Kong's stock market regulator shows the bite behind its bark.

Tougher rules afoot for doing an IPO in Hong Kong

Substandard companies have bruised Hong Kong’s financial reputation as the world’s top IPO venue.

Office vacancies drop to lowest level in 20 years

The economic slowdown hasn’t dampened demand for office space in Hong Kong.

Do retrenchments loom at global banks in Hong Kong?

Hong Kong saw more investment banking redundancies than Singapore, China, and Australia in the first quarter of 2012.

Shortage in senior executives drives salaries to new highs

Compensation for top-tier candidates in Asia Pacific might have risen by 15% to 25% a year for the past five years.

Retail rents reach a new high in Hong Kong

Demand for milk powder and safe products for infants hike up consumer purchases in the country.

Property price bubble threatens Hong Kong anew

Despite efforts to curb its growth, the property price bubble is again showing signs of strength.

Lots for private homes to be auctioned

The Lands Department said it will open tender invitations on April 27 for two residential lots with a combined size of more than 11,000 square metres.

Business confidence in Hong Kong is waning

Less than half of Hong Kong firms are reporting revenue growth, another symptom of the sagging confidence among the city’s businessmen.

Jones Lang LaSalle launches new online property search platform

U.S.-based real estate services firm Jones Lang LaSalle claims its new search platform is more user-friendly.

Hong Kong warehouse rent increase rate highest in the world

Limited supply plus booming demand is pushing warehouse rents in Hong Kong to new heights.

Hong Kong M&A activity reaches US$13b YTD

This is a 19% decline compared to the same period last year, where deal values totaled close to US$16 billion.