Hong Kong

Hong Kong home prices set yet another record high

HK home prices are now 8% higher than the 1997 peak.

Hong Kong home prices set yet another record high

HK home prices are now 8% higher than the 1997 peak.

Government mulls over speeding up Tung Chung New Town extension

The extension may yield 40,000-50,000 home units.

Property prices forecast to rise

The expectation is 10 to 20 percent in two to three years.

Chief Executive CY Leung to discuss Government reorganisation

The proposal will be talked about at the Legislative Council meeting on 17 October 2012.

Site near Long Ping MTR station attracts 8 bids

The site is estimated to cost up to HK$1.9 billion.

Asian companies have developed-market companies fearing loss of market share

Blame it on the spike in overseas investment by Asian multinationals.

Stelux beats other retailers with stellar Golden Week sales

Sales at City Chain and Optical 88 increased 13% and 12% respectively.

Soundwill sells 13 & 15 Mercury Street for HKD180m

DMG expecs the sales will generate HKD75m in gross profit in FY12F.

Hong Kong consumers splurged USD10m on food prep appliances

Demand for small domestic appliances incrased 14% this year.

Government issues alert against bogus website

The website www.schmailhk.com looks similar to Shanghai Commercial Bank's online portal.

Q3 land transactions hit 17 registrations

Total land premium is worth around $5.87 billion.

Housing committee to intensify home demand probe

Sec Anthony Cheung said they will also review housing priorities.

Hong Kong leads Taiwan as tourist destination for mainlanders

Taiwan will not threaten Hong Kong as the top destination for mainland Chinese tourists unless deep structural reforms are made.

Government pledges property market stability

Financial Secretary John Tsang said the government will provide from 50,000 to 60,000 housing units in the next few years to ensure the property market's stability.

Why Hong Kong banks are not going to crash anytime soon

Large debt burdens threaten financial stability across advanced economies but not in Hong Kong, says IMF.

Hong Kong amongst highly compliant with Basel 3 liquidity rules

Check out the progress level of Hong Kong compared with the rest of the world.