News

Thriving IPO scene shows signs of pressure as stock markets slump

An Alibaba-backed share sale has already delayed its IPO plans.

Thriving IPO scene shows signs of pressure as stock markets slump

An Alibaba-backed share sale has already delayed its IPO plans.

Lantau reclamation plan brings reprieve to pressured office sector

A third CBD will be created to relieve Central and Kowloon East.

Tighter tour guide rules loom after visitors overwhelm Lantau

Tour guides operating without a license may soon be a criminal offence.

Land for Hong Kong-Shenzhen tech park to be unlocked by 2021

The IT hub is expected to be around 1.2 million square metres.

Exchange Fund recovers from massive hit amidst $1.6b gain in Q3

However, performance is likely to remain subdued amidst forex losses.

Hong Kong fintech investments more than doubled to US$550m in 2017: FS Chan

The level of investment exceeds that of Singapore, he says.

Private homes for sale in Hong Kong hit 14-year high in Q3

Market take-up, however, may not been as warm as it used to.

Airlines slap fuel surcharge amidst rising oil costs

The most common charge added to ticket cost is $1,304.

Director 'overboarding' spark calls for reforms

There are 113 firms where a director serves on more than six boards.

Tourist arrivals slows to 4.72 million in September

More Mainland tourists failed to offset declining volumes for the rest of Asia.

Kai Tak home plot's floor price sinks 18% to $8.33b

This is compared to a record-sale in the same area six months ago.

Faster Payment System processed 1.58 million transactions in October

The value of Hong Kong dollar-denominated transactions hit $33.29b.

Hong Kong Island's pricey office rents push cash-short tenants to Kowloon

Kowloon saw over 100 new leasing transactions in September.

Equities rout wiped out 7.38% from MPF in January-October

Citizens lost an average of $19,661 in the first ten months of 2018.