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Hong Kong mulls tighter curbs on foreign home purchases
Non-local buyers took up over 10% of total transactions in Q1.
Hong Kong mulls tighter curbs on foreign home purchases
Non-local buyers took up over 10% of total transactions in Q1.
Hong Kong opens doors to first unmanned shops
AlipayHK and Okashiland both unveiled stores on a trial basis.
Hong Kong dislodges New York as home to the largest ultra-rich population in the world
There are around 10,010 people in the SAR with a net worth of over $30m in 2017.
Number of mortgage accounts up 7.6% to 532,000 in Q2
The number of mortgage inquiries also hit a three-year high.
Tycoons cash in on strata office market as deals hit US$3.8b in H1
The deal volume already beat the full-year record from 2017.
Total port cargo throughput down 5.2% to 66.1 million tonnes in Q2
Blame double-digit declines in inward port cargo to SIngapore and Japan.
Millennials drive credit card growth as average balance hits $39,000 in Q2
They hold a fourth of the city’s total card balances.
Three quarters of Hong Kong bosses open to foreign IT hires
Nearly half plan to offer attractive lifestyle packages to lure top talent.
Meituan Dianping's January-April losses nearly triples ahead of mega IPO
The company booked $26.2b loss in the first four months of 2018.
PMI hits 48.5 in August as demand dries up
Business confidence plunged to a near two-year low.
Hong Kong Business hails the most outstanding companies in 2018
The awarding ceremony was graced by nearly 100 executives.
Is Hong Kong's heated property market finally heading for a crash?
Residential property prices may fall 13% in 2019.
Chinese movie ticketing platform seeks up to US$1b in Hong Kong IPO
Maoyan Weiying is planning to use the proceeds for R&D and product enhancements.
Exchange Fund assets up to $4.14t in July
Both foreign currency and Hong Kong dollar assets rose.
Hong Kong and Singapore private banks wage war for wealth managers to lure Asia's crazy rich
Banks are willing to offer pay hikes between 30-45% to secure the best talent.
Hong Kong's aggregate balance expected to hold above $50b in end-September
The HKMA drained further liquidity after buying $14.57b last week.
Tourist arrivals up 5.7% to 5.46 million in July but shows sign of slowing
There was a notable decline in Asian tourist volume particularly in Indonesia and Philippines.
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