News

What are the key risks to buoyant Hong Kong banks?

Intricate Mainland ties are both boon and bane.

What are the key risks to buoyant Hong Kong banks?

Intricate Mainland ties are both boon and bane.

Will investors embrace lower grade offices as price gap widens?

The gap in central for Grade A and B offices is at least $15,000.

Government moves to incentivise elderly and PWD hiring

Bosses hiring those aged 60 or above can get monthly allowance of up to $4,000 per employee.

Bank lending slows to 9.5% in July amidst threats of higher borrowing costs

This represents the slowest pace of growth in over one and a half years.

Approved mortgage loans rally 9% to $44.3b in July

This comes from a mild 4.8% growth in June.

Government unveils ‘wish list' of in-demand workers

Naval architects are amongst those who may enjoy prioritised immigration treatment.

Retail sales growth slow to single-digits in July

Sentiment has soured amidst heating trade tensions.

Over 20,000 finance workers may ditch jobs in 2018

Companies need to improve retention initiatives like regular salary reviews.

Bank of East Asia's half-year profit surges 25.9% to $3.99b

Earnings were boosted by net fee and commission income growth.

Hong Kong urged to develop GBA blockchain and e-invoicing standard

This will enable faster cross-border fund transfers.

Government unveils extensive map and land survey platform

The Hong Kong Map Service 2.0 has digital versions of land survey records.

Has Meituan lured Tencent to its mega US$4b IPO?

The Chinese tech titan is said to be buying US$400m of stock.

Hong Kong unveils first unmanned warehouse at Science Park

RobEx offers express courier and self-service storage.

Exports recover after surging 10% to $359.1b in July

This comes from a mere 3.3% export growth in June.

Currency peg defense pushes aggregate balance down to $91b

The central bank is expected to make purchases that will drain liquidity further.

HKIA passenger traffic soars for sixth straight month at 6.7 million in July

Local resident travel boosted monthly air passenger volumes.