Hong Kong
Half of Hong Kongers willing to give third-party data access in open banking boost
They are more open to the tech than Australia and UK users.
Half of Hong Kongers willing to give third-party data access in open banking boost
They are more open to the tech than Australia and UK users.
Tung Chung set to rise amidst intensified Lantau infrastructure drive
New extensions will boost its population to over 268,000.
Government mulls ban on e-cigarette sales
It is aiming to reduce smoking prevalence from the current 10% to 7.8% by 2025.
Hong Kong families need at least $6.63m to cover dependents in case of death: survey
On the other hand, childless couples only need $3.29m in savings.
Commercial investment market spirals downward as office and prime street shops take heavy hit
Office rents will slow to 2-4% growth in 2019 from 8-10% expansion in the previous year.
2.5 million sqft of retail space to be completed in 2019
Healthcare and cosmetics firms will drive leasing growth.
Grade A office rents may drop 5% in 2019
Capital controls and RMB depreciations will continue to hamper growth.
Hong Kong M&A activity slumped in 2018
Mergers and acquisitions deals fell to 1,050 transactions with a combined value of US$87.93b in 2018, down from 1,252 transactions with a combined value of US$108.28b in 2017.
Where to park your money in 2019
It was an undeniably terrible year for equities, but experts are not completely writing them off in 2019.
Hang Seng Bank unveiled new digital floor at head office
It aims to encourage collaboration amongst its 2,400 employees with communal areas and flexible workstations.
Banks' 2019 loan growth cut to 2% as trade and mortgage loans take hit
Lending to Mainland firms has been trending downwards to 6.1% in September 2018.
Alibaba-backed AI facial recognition startup Megvii mulls up to US$1b IPO
Its high-ticket clients include Lenovo, Ant Financial and the government.
Hong Kong-listed L'Occitane to buy skincare brand Elemis for US$900m
The luxury cosmetics firm is building its UK and US foothold.
SFC slaps $2.4m fine on FWD Life
The insurer failed to meet the required number of personnel with sufficient investment experience.
Singapore SMEs turn to Hong Kong for short-lived IPO rally
However, they failed to sustain the momentum as they trade below offer prices.
Property deals down 5.5% to 79,193 in 2018
The trade spat and China's economic slowdown hit demand.
Government targets 12,600 public housing flats on Kai Tak by 2026
The former airport area could provide homes for 35,100 residents.
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