Hong Kong
Chinese restaurant review and delivery firm Meituan Dianping to file for $6b IPO in June
It was recently valued at US$30b, making it the world’s fourth most valuable startup.
Chinese restaurant review and delivery firm Meituan Dianping to file for $6b IPO in June
It was recently valued at US$30b, making it the world’s fourth most valuable startup.
Residential and transport projects dominate construction output in Q1
They accounted for $17.9b and $12.8b respectively.
Home prices up 14.9% in Q1 as Hong Kong leads global property price growth
Demand for small to medium sized units continue to strengthen.
Finance sector leads quarterly business receipts growth in Q1
Business receipts rose by almost a third at 28.7%.
Hong Kong inks deal with Mainland for supervision of cross-boundary regulated entities
The SFC and CBIRC will cooperate on investor protection amongst other key areas.
Standard Chartered to apply for virtual bank license in Hong Kong
The move follows the publication of revised guidelines by the central bank.
The Dairy Farm wins Made in Hong Kong Awards for Personal Care
The company’s wet wipes product is dermatologically tested to provide ultimate care and confidence to even the most delicate skin.
Prenetics Limited wins Made in Hong Kong Awards for Healthcare
Their precision health programme, myDNA Pro, provides DNA-based reports to assess a user’s risk to three genetic diseases.
Venture Global Limited wins Designed in Hong Kong Awards for Security & Safety
Their long ranged wireless driveway alert provides users with a way to monitor and protect their households.
Ming Fai Group wins Designed in Hong Kong awards for Hospitality Products
The company’s Epure Dispenser lends support to hotels’ efforts at sustainability.
Mercedes-Benz Hong Kong unveils new C-Class vehicle
The Mercedes-Benz C 200 features state-of-the-art active driver assistance systems.
SFC imposes cold-shoulder order against Burwill Holdings chairman
For violating the Takeovers Code, Chan Shing will be denied access to the securities market for two years.
Banks wage war over fixed deposits as interbank lending rates surge
One-year HKD fixed-deposit rate is hiked to as high as 2%.
Bosses willing to hike salaries by 7.5% for top financial talent
Finance managers in the 95th percentile can enjoy as much as $720,000 yearly.
Government moves to reinvigorate film industry with land allocation
There will be a requirement to build cinemas in the Kai Tak and Sha Tin government land sales.
Hong Kong eyes $100b fund for green financing
The fund will be used to implement the Government Green Bond Programme.
Tourist arrivals up 11% to 5.3m in April
A continued recovery in Mainland tourism boosted monthly figures.
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