News
Hong Kong unveils mutual automated immigration clearance with Thailand
The move slashes processing time to 20 seconds per person.
Hong Kong unveils mutual automated immigration clearance with Thailand
The move slashes processing time to 20 seconds per person.
Young buyers snap up discounted units at Tseung Kwan O property sale
About 95% of the 488 units on offer were sold for $4.28b.
Hong Kong joins Australia and Canada as world's riskiest housing markets
Household debt accounts for nearly half of the SAR’s GDP.
Tighter oversight pushes Chinese life insurers premiums down 24% in H1
Sales of short-term savings product were hit.
Meituan Dianping raises US$4.2b in IPO priced at high end
The Chinese food review firm sold 480.27 million shares at $69 apiece.
Wealthtech firms poised to snap up to 10% of wealth manager assets
Robo-advisors are steadily luring the tech-savvy mass affluent.
Hong Kong is the world's third most attractive financial center as Asia outperforms weakening Europe
The SAR is set to pounce on London who’s been losing luster due to Brexit.
Housing correction of 15% possible in 2019
The world’s most expensive property market is finally slowing down.
Sport-related spending in 2017 outpaces that of US Open after hitting $2.1b
Over 700,000 in sporting tickets were sold last year.
Developers sweeten property packages in bid to dispose stock
One developer has included a high-speed rail holiday in its apartment package.
China's ultra rich set to boost Hong Kong wealth assets by 50% in 2023
HNWIs from the Mainland are edging out AuM from other APAC markets.
Hong Kong urged to double university research funding to $4b to maintain competitive edge
This is part of the pledge to increase R&D expenditure to GDP to 1.5% by 2022.
Residential projects dominated construction works in Q2
Its value rose by 8.1% to $18.5b.
URA to shell out $100m to compensate unauthorised Kwun Tong shopkeepers
This is part of the ongoing effort to redevelop Kwun Tong town centre.
Accommodation and retail sectors lead Q2 charge in business receipts
They booked double-digit growth at 16.5% and 12.4% respectively.
Hong Kong banks struggle to plug tech talent shortage
Engineers and developers are all in short supply.
Retailers scramble to cash in on bubble tea craze
Their strong sales volume have endeared them as the new darling of shopping malls.
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