Hong Kong

HKD posts largest growth in 15 years as liquidity tightens

The local currency climbed by as much as 0.63% to $7.793 against the USD.

HKD posts largest growth in 15 years as liquidity tightens

The local currency climbed by as much as 0.63% to $7.793 against the USD.

Credit card transactions up 15.4% to $137.3b in Q2

The number of credit cards in circulation hit 20.06 million.

Hong Kong doubles down to capture the green finance opportunity

Around 15 green bonds with an aggregate size of US$8b were issued in H1.

HKIA passenger traffic soars for seventh straight month in August

Passenger volume rose 5.2% to 6.8 million visitors.

HKEX eyes tech acquisitions in growth strategy shift mimicking Nasdaq

Takeovers in data, analytics and blockchain rank high in the agenda.

Inflation slips to 2.3% in August

The increase in food prices hit 4.5%.

Customs Department inks deal with six container terminal operators

The MoU aims to set arrangements for sea cargo customs clearance.

Hong Kong signs IT pact with the Mainland

The ministry also announced that unicorn startup SenseTime will set up an AI-powered platform.

Hong Kong hit by growing private sector vacancies

Vacancy levels surged 14% to 79,200 in June.

21 building plans approved in July

More than half were for apartment developments.

Hong Kong loses to Singapore in ease of corporate compliance

The SAR ranks seventh in APAC whilst the Lion City is second.

Government expands insurance benefits for struggling exporters squeezed by trade war

Premium discount on Small Business Policy holders will be hiked from 20% to 30%.

Young at heart: Flexi work appeals to millennials and baby boomers alike

Those born pre-1964 appreciate the productivity benefits of non-conventional work.

KPMG and Alibaba Cloud tie up to launch global digital alliance

The collaboration aims to provide digital assistance to businesses in APAC and Europe.

Hot pot chain Haidilao defies market slump after raising nearly US$1b in IPO

The firm sold around 8% of equity capital at $17.80 per share.