Hong Kong
Supply of new private flats to hit 98,000 units in the next 4 years
Will it drag home prices down?
Luxury home sales worth at least $10m dropped 48.6%
Could it be because of the 14.8% home price surge?
Kowloon office rents to face downward pressure until end-2017
More leasing transactions will be concluded after the summer.
This entrepreneur is behind (AI)-enabled air conditioner accessory Ambi Climate
They recently launched its second edition in the market.
Cathay Pacific's passenger count dipped 0.2%
Whilst its capacity edged higher by 1.6%.
2017 GDP growth projections revised upward to 3-4%
Thanks to robust private consumption and investment.
Hong Kong's unemployment rate held still at 3.1%
Underemployment dipped to 1.1%.
Cathay Pacific just lost $2.1b in 1H17
No thanks to lower passenger count.
Mandatory Provident Fund plan to be finalised
It's planning to scrap the MPF offestting mechanism.
Cheung Sha Wan business site sold at $2.97b
Bonson Holdings bought the area.
Private home completions up 18% to 8,789 units in 1H17
Sales of small units are driving this growth.
Apple tightens online sales policy in Hong Kong
The company disallowed returns and exchanges of all products bought online.
Banks to have a 'very good' capital buffer for the next 12-18 months: Moody's
That is in response to the move towards more stringent regulatory requirements.
CLP Holdings' profits down 3.5% US$755m
No thanks to volatile energy prices in Australia.
Hong Kong Exchanges & Clearing's earnings up 14% to $1.77b in Q2
Net investment income also increased 190%.
Exchange Fund's foreign assets hit $3.3t in July
It registered an increase of $45b.
Wharf Holdings' core net profit up 22% to $7.2b
Driven largely by strong contributions from the property segment.
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