Hong Kong

Hong Kong hikes base interest rates by 25 bp to 2.75%

This represents the fourth tightening in 2018.

Hong Kong hikes base interest rates by 25 bp to 2.75%

This represents the fourth tightening in 2018.

HKIA passenger volume up 1% to 6 million in November

The monthly surge was driven by passengers to and from Japan and North America.

Insurtech, hiring spree reshape Hong Kong's insurance scene

The rolll-out of the IFRS 17 calls for massive hiring of regulatory professionals.

Prime street shop rents to fall by at least 5% in 2019

The weak renminbi and stock market are to blame.

Jobless rate flat at 2.8% in September-November

This translates to 110,800 unemployed persons.

Hong Kong's IPO haul may hit up to $230b in 2019

The city's crammed IPO pipeline features a little over 200 applicants.

Hong Kong banking industry needs to amp up skills on fintech and cybersecurity: study

Only 2 in 5 industry professionals have gone through fintech training courses.

More than half of Hong Kong banking professionals willing to work in GBA cities

Those employed in senior management positions are the most willing to transfer.

Hong Kong's property prices may continue to fall in 2019

Slowing Chinese buyer demand and rising mortgage rates will drive down prices.

Hong Kong investors expect 1.9% lower returns compared to Asian peers

Expectations amidst investors were still 0.3% higher than the 9% forecast in 2017.

A third of Hong Kong workers go through mental health problems during employment

The impact is largely seen in junior employees who have just jumpstarted on their careers.

Construction output dips 1.1% to $60.3b in Q3 as residential projects slow

Building works for residential projects dropped 6.5% to $15.2b.

Investment product sales surged 34% to $508b in 2017

The double-digit growth came as Mainland firms beefed up their wealth businesses.

SFC slaps $1.5m fine on SFM HK Management over short selling violations

The fund became short of over a million shares in Great Wall Motor Company in 2015.

Hong Kong looks set to reclaim IPO crown with nearly US$300b haul in January-November

Proceeds from New York IPOs only hit US$205b as it settles for a tentative second place.