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GDP growth may moderate to 2.2% in 2019 amidst cautious business sentiment: analyst
Q4 2018’s slower GDP growth was mainly driven by a significant drop in fixed investment growth to -5.4% YoY.
GDP growth may moderate to 2.2% in 2019 amidst cautious business sentiment: analyst
Q4 2018’s slower GDP growth was mainly driven by a significant drop in fixed investment growth to -5.4% YoY.
Half of Hong Kong and Singapore investors believe the economy will improve in the next three months: survey
However, a global recession is expected in H1 2020.
BEA's profits crashed 30.4% to $6.5b in 2018
Weak investment activity hit its retail and private banking arm.
Hong Kong's 2018 budget surplus dropped 57% to $58.7b
This was partly blamed to weakened revenues of land premium and stamp duties.
Poll: 67% of Hong Kong and Singapore investors plan to invest in Chinese onshore bonds in 2019
Sentiment was driven by the upcoming Bloomberg Barclays Global Aggregate Index inclusion in April 2019.
Hong Kong's most innovative companies recognised at the Hong Kong Business Technology Excellence Awards 2019
Almost 100 corporate leaders graced the awards ceremony.
Compulsory sale applications from Chinese developers surged 160% in 2018
Hong Kong’s older buildings are in for a revamp.
Healthcare spending may double to $315b by 2033
Hospital-based care accounted for total health expenditure of $75.1b in 2018.
Chinese TMT IPO proceeds triples to $264.9b in 2018
China Tower Corp, Xiaomi Corp and Meituan Dianping had the largest IPOs in H2 2018.
Hong Kong beats US and UK as preferred destination for Chinese property investment in 2018
The SAR snapped up 61% of investment volume for a record US$9.53b.
HKEX acquires Shenzen-based tech company
The firm plans to buy a 51% equity interest.
Tourist arrivals surge 17.9% to 6.59 million in December
There were over 5.12 million tourists from the Mainland.
Hong Kong's residential rents may be bottoming out
The rental decline narrowed to 0.3% in January.
GDP growth grinds to a halt at 1.5% in Q4
It was significantly lower compared to the 3.7% increase in the first three quarters.
Securities regulator joins the fray fleeing Central's pricey office market
The SFC will move to One Island East in 2020 to cut rental costs.
Grade A office vacancy rate rose to 4.4% in January
Vacancy rates in Central and Kowloon East hit 2.3% and 10.3%.
Half of Hong Kong adults struggle to make investment decisions: poll
Respondents lament small wages and overspending in meeting their financial goals.
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