News
Struggling Chinese firms to lift Hong Kong banks' classified loan ratio to 0.75% by 2019
The number of defaults quadrupled to hit a record $17.68b in 2018.
Struggling Chinese firms to lift Hong Kong banks' classified loan ratio to 0.75% by 2019
The number of defaults quadrupled to hit a record $17.68b in 2018.
Strong sales unlikely to stem home price decline: JLL
Monthly sales need to hit 5,700 transactions to prop up slowing prices.
PMI hits 48.2 in January as trade war gloom persists
This is the tenth consecutive month of deterioating private business conditions.
Online banking scams rose threefold in 2018: HKMA
There were 62 cases of phishing last year.
Trade war could hit half a percentage point of Hong Kong GDP: official
Higher tariffs will hit consumers right in the pocket.
Mortgage loans down 20.7% to $23.5b in December
Weakening property demand has weighed on loan growth.
Property sales down 22.6% in January
The total consideration for the 5,589 deals hit $72b.
Hong Kong restaurant receipts hit $30.4b in Q4
Non-Chinese restaurants saw strong year-end figures.
Less than 100 luxury homes will be built in 2019: JLL
New home supply at the Peak is set to fall to 13 units per year.
Hong Kong banker bonuses drop by a fifth as stock markets fall
Some local brokers had to make do with a lai see.
Chinese tourists prefer Australia and Singapore over Hong Kong: survey
The survey notes that the SAR does not have sufficient travel and outdoor activities.
Goods and services complaints up 5% in 2018
Vaccination grievances climbed four times amidst the inadequate supply of the HPV vaccine.
Government gives discounted land to Housing Society to boost public housing supply
The society will build 6,600 flats across Kowloon from 2024-2026.
Hong Kong hit by first wave of negative equity in two years as home prices fall
The aggregate value of mortgages in negative equity hit $1.19b in Q4.
New Hong Kong passport features hi-tech security upgrades
The travel document will feature designs only visible in ultraviolet light.
Movie ticketing app Maoyan opens flat on debut
It closed at $14.64 from an IPO of $14.8.
Hong Kong Exchange Fund's 2018 investment income plunged 95% amidst heavy equity losses
The headline figure hit $13.9b compared to $264b in 2017.
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