Hong Kong

Hong Kong looks for ways to increase land supply and homes

With land either too pricey or in short supply, Hong Kong faces continuing unrest from citizens increasingly unable to own homes.

Hong Kong looks for ways to increase land supply and homes

With land either too pricey or in short supply, Hong Kong faces continuing unrest from citizens increasingly unable to own homes.

Hong Kong committed to developing science and technology

Hong Kong’s unique advantages make it indispensable to China.

Credit card receivables down; delinquencies up

A drop in spending and a rise in delinquencies were experienced by Hong Kong in the first quarter this year.

Pay hikes in store for government ministers

A proposed pay increase for Hong Kong’s government ministers is quite generous.

Leasing demand for warehouses on the rise

Some logistics operators have already pre-committed yet-to-be vacated warehouses due to the current high occupancy level.

New real estate regulations possible

Financial Secretary John Tsang said the government stands ready to implement new real-estate market measures when necessary. It also closely monitors the global financial market.

Hong Kong promotes renminbi business in Japan

The Hong Kong Monetary Authority and Trade Development Council have held a seminar in Tokyo promoting Hong Kong’s renminbi business.

Turbulence up ahead for Cathay Pacific Airways?

Cathay Pacific reports being badly hit by high fuel costs. Plans to reduce frequencies of several long-haul routes is already underway.

Gregory So in Japan to promote Hong Kong

Secretary for Commerce & Economic Development Gregory So is in Japan for a five day visit to promote Hong Kong.

Tsang arrives in Taipei

Financial Secretary John Tsang is in Taipei as head of a delegation that officiated at the opening of the Hong Kong Economic, Trade & Cultural Office.

Hong Kong’s economy is worse than expected

A serious slowdown in growth in the first quarter is blamed on weak exports.

Capital duty to be banished by June 1

It’s another move to grow a faltering economy by telling foreigners that Hong Kong is great for their businesses.

HSBC to part with subsidiaries in four South American countries

HSBC Holdings is in talks on a possible sale of its operations in Colombia, Paraguay, Peru and Uruguay as part of its global strategy to boost profitability and cut costs.

HKMA lends a hand to banks burdened by Basel III

The Hong Kong Monetary Authority will allow the city’s banks to use foreign currency liquid assets to meet the liquidity coverage ratio requirements of Basel III.

SFC seeks public’s opinion on IPO regulation

The recent crackdown on brokers pushing sub-standard IPOs heads in a parallel direction.

West is where the money is

For Hong Kong’s mall developers, the phrase “Go West” means go to Chengdu.