Hong Kong

First time homebuyers rush to lock in home purchases before prices rise further

They snapped up to 90% of home sales in the first four months of 2018.

First time homebuyers rush to lock in home purchases before prices rise further

They snapped up to 90% of home sales in the first four months of 2018.

Stamp duty rebate extension fails to accelerate home upgrades

There was no significant increase in such transactions from 659 cases to 663 in February to April.

Hong Kong dominates APAC commercial property market as transaction volumes hit $191.5b in Q1

The city was the only market that ranked in the top five across all five property sectors - office, industrial, retail, apartment and hotel.

Government mulls tax exemption for select tech professionals in Mainland

This may cover professors working on the Mainland for more than 183 days a year.

Alibaba sells medical assets to Hong Kong arm for $10.6b

Alibaba Health Information Technology will control the Tmall and adult products business.

Employing expats in Hong Kong cost more than Singapore

A typical pay package is valued at US$268,514 versus Singapore’s US$223,095.

Exports up 8.1% to $330.2b in April

Trade volumes to traditional trade partners like Taiwan, Singapore, and China rose.

Construction costs in Hong Kong are Asia's most expensive

The city has been slow to integrate digital solutions which could bring costs down.

Government hesitant on levying vacant property tax

Vacancy rates fell to 3.7% in 2017, indicating little sign of idling private residential units.

Chinese drug developer Shenogen tapping banks for $300m IPO

The company is the latest to take advantage of relaxed listing rules.

Xiaomi guns for June 7 blockbuster IPO hearing

The much-anticipated public debut could raise as much as $10b.

Mercedes-Benz unveils new CLS model

The Mercedes-AMG CLS 53 will be available later this year.

Workers enjoy 5.7% higher salaries in 2018 but also suffer longer working hours

The financial sector continues to churn out generous compensation packages.

The world watches as China's payment giants barge into Hong Kong

Banks have reason to fear as Alipay and WeChat Pay continues to expand their foothold.

Hong Kong inks tax pact with Finland

The deal states the allocation of taxing rights between jurisdictions.

Hong Kong falls to second place as world's most competitive economy

Its ranking in infrastructure slipped to 23rd place.