Hong Kong

Hong Kong bourse still loses to New York in IPO funds raised in Q1

Total funds raised hit $24.4b which is nearly a quarter of NYSE's overall IPO proceeds.

Hong Kong bourse still loses to New York in IPO funds raised in Q1

Total funds raised hit $24.4b which is nearly a quarter of NYSE's overall IPO proceeds.

Tencent-backed food delivery startup seeks Hong Kong IPO

Meituan Dianping is reportedly mulling a valuation of at least $60b.

Small business optimism hits six year high as technology accelerates growth prospects

Almost half (48%) admitted that technological investment boosted company profits.

Hong Kong inks investment deal with UK

The two economies will encourage the development of businesses with technology focus.

F&B sector hit by highest vacancy rates in December

The industry had roughly 12,120 vacancies.

Unemployment flat at 2.9% in December-February

This is equivalent to 3.98m unemployed persons.

Inflation levels extend climb after rising 3.1% in Feburary

The price of basic utilities rose for the second consecutive month.

Hong Kong inks tax deal with India

It aims to avoid double taxation on trade activities.

Residents can now enjoy visa-free access to Antigua & Barbuda

Hong Kongers can visit the country for up to 30 days.

Temp work booms as employers move to slash hiring costs

Six in 10 recruiters are opting for such temporary hiring strategies.

Prime office rents extend run after rising 5.2% in Q4

Admiralty and Sheung Wan led the charge after rising 11% and 9% respectively.

Homebuyer subsidy not feasible: Financial Secretary

If interest rates rise, lower property prices may only hurt mortgage payers.

Hong Kong-Singapore rivalry gets heated as regulators exchange barbs

SFC decried allegations that Beijing exercises clout over the regulator.

Central office tower loan may balloon as lead investor ditches sale

After China Energy withdrew, the $16.08b loan pricing rose 10bps.

Cathay Pacific bounces back from fuel-hedging hit with surprise H2 profit

This narrowed the full-year net loss to $1.26b, below analysts expectation of $2.26b.

Hong Kong banks can withstand another housing crash: S&P

They can maintain their credit profiles even if prices were to plunge by 30%.

Prime rate hike likely to take effect in Q4

Analysts waved off concerns that interest rates will immediately rise following the Fed’s tightening policies.