Hong Kong

Hong Kong no.1 in World Competitiveness Rankings

Hong Kong tops the annual survey measuring how well countries manage their economic and human resources.

Hong Kong no.1 in World Competitiveness Rankings

Hong Kong tops the annual survey measuring how well countries manage their economic and human resources.

KEB opens trade finance center in Hong Kong

A major Korean bank has opened a financial center in Hong Kong for the first time.

Hong Kong pushes iBonds for retail bond market growth

Hong Kong next week will launch another “iBond,” or inflation-linked retail bond for subscription by residents.

Long-haul arrivals from Russia up 30% in April

Russians helped fuel an increase in visitor arrivals in Hong Kong to 3.84 million.

Internship experience top Chinese employers' main criteria

28% ranked it as main priority, while educational background and communication skills were considered least important.

Hong Kong Land issues US$500 million worth of 10-year notes

The notes will earn a coupon of 4.5% per annum, tempted already?

Approved mortgage loans drop

Approved mortgage loans in April fell 9.7% to $25.4 billion from March.

More residential housing to be built

Some 5,000 flats are expected to be built on land to be released by the third quarter.

Hong Kong vis-a-vis the world – a mixed picture

Whilst the global economy recoils, Hong Kong remains unaffected; the question is how long for?

Residents drive passenger traffic growth in HKIA

Hong Kong residents are traveling more, registering a 16% YoY growth.

Total exports, imports up

The values of Hong Kong's total merchandise exports and imports recorded year-on-year increases of 5.6% and 5% in April, the Census & Statistics Department said.

HSBC puts on hold plans to transfer to Hong Kong

HSBC plans to stay in London despite the huge expense of doing business in the British capital.

Financial Dispute Resolution Centre to be organised

Tougher rules are also in store for Hong Kong’s financial institutions.

Exchange Fund rises on equities

Equities boost the Exchange Fund to $43.8 billion in the first quarter this year.

Hong Kong banks susceptible to massive Eurozone recession

A severe credit crunch could hammer Hong Kong’s banks and those in Singapore should there be a huge jump in non-performing loans.

Proposed revision in banking rules to make Hong Kong more competitive

Hong Kong begins a process of updating its Banking Ordinance on May 23.

Losing your mobile worse than losing your wallet

It takes just a few minutes for people to realize they have forgotten their mobile phone after leaving home; but it takes in general much longer for people to notice that their wallet is missing.