News

Q2 current account surplus more than doubled to $37.8b

This was due to a decline in the goods deficit and growth in the net inflow of primary income.

Q2 current account surplus more than doubled to $37.8b

This was due to a decline in the goods deficit and growth in the net inflow of primary income.

External debt hits $12.76t in Q2

However, the banking sector’s ED dipped.

Inflation hits 3.5% in August

Food prices soared 14.2% in August.

IWG makes Regus and Spaces brands available for franchising

It will provide infrastructure, training and tools for franchisees.

Hong Kong still the world's third best financial centre

It has the top investment management sector worldwide.

Residential market sentiment deteriorates in August

Rental demand recorded its first negative reading in the survey's history.

Jobless rate unchanged at 2.9% in June-August

This translates to 120,000 unemployed individuals.

National income rises in Q2 as mainland investments flood Hong Kong

The total inflow of primary income recorded a 4.1% YoY rise to $478.2b during this period.

Kowloon properties collectively sold for $2.14b

The transactions showed that developers are keen to buy and redevelop old buildings.

Industrial production for manufacturing up 0.3% in Q2

Its producer price index also inched up 0.8% YoY.

Hong Kong retains crown as world's freest economy for the 37th year

The city bested 116 other economies in international trade freedom and regulations.

Value of construction work down 8% to $57b in Q2

The value of construction projects for public sector sites crashed 26.9% YoY.

Real estate and insurance industries saw double-digit growth in business receipts in Q2

Business receipts in nine out of 15 service industries went up in value.

HKEX makes $285.86b unsolicited bid for the London Stock Exchange

However, the proposal requires the London bourse to terminate its acquisition of Refinitiv.

Sun Hung Kai sells homes 20% lower as protests persist

The price is close to those set two years ago for the same development.