News

Credit card transactions up 15.4% to $137.3b in Q2

The number of credit cards in circulation hit 20.06 million.

Credit card transactions up 15.4% to $137.3b in Q2

The number of credit cards in circulation hit 20.06 million.

Hong Kong doubles down to capture the green finance opportunity

Around 15 green bonds with an aggregate size of US$8b were issued in H1.

HKIA passenger traffic soars for seventh straight month in August

Passenger volume rose 5.2% to 6.8 million visitors.

HKEX eyes tech acquisitions in growth strategy shift mimicking Nasdaq

Takeovers in data, analytics and blockchain rank high in the agenda.

Inflation slips to 2.3% in August

The increase in food prices hit 4.5%.

Hong Kong hit by growing private sector vacancies

Vacancy levels surged 14% to 79,200 in June.

Hong Kong loses to Singapore in ease of corporate compliance

The SAR ranks seventh in APAC whilst the Lion City is second.

Government expands insurance benefits for struggling exporters squeezed by trade war

Premium discount on Small Business Policy holders will be hiked from 20% to 30%.

Young at heart: Flexi work appeals to millennials and baby boomers alike

Those born pre-1964 appreciate the productivity benefits of non-conventional work.

Hot pot chain Haidilao defies market slump after raising nearly US$1b in IPO

The firm sold around 8% of equity capital at $17.80 per share.

Unemployment rate remains flat at 2.8% in June-August

This translates to around 117,400 unemployed Hong Kongers.

Trade jitters and bearish equities weigh heavily on Hong Kong's 2019 GDP growth forecast

The economy is poised to grind to a halt at 3% in 2019 from 4.7% in Q1.

HSBC steps up Hong Kong and Singapore hiring to cash in on Asian goldmine

The bank is planning to add over 1,300 positions by 2022.

Will China's bullet trains run over Hong Kong's embattled airlines?

The high-speed rail offers faster and cheaper transport option than flying by plane.

Hong Kong launches Faster Payment System in Smart Banking push

Consumers will soon be able to transfer funds instantly and without cost.

Manufacturing industrial production index up 1.6% in Q2

Food, beverages and tobacco output volume led the quarterly growth.

Hong Kong cedes crown to Malta in global home price gains in Q2

Home prices in Malta surged 16.9% versus the SAR's 15.9%.