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Retail sales value up 11.4% to $39.8b in March
Sales of jewellery, watches, clocks and valuable gifts led the charge.
Retail sales value up 11.4% to $39.8b in March
Sales of jewellery, watches, clocks and valuable gifts led the charge.
Government surplus hits $148.9b as of end-March
Thanks to high profits tax, stamp duties and land premiums.
Is the end near for Hong Kong's red hot property market?
A looming prime rate hike is set to dampen housing demand.
Tax revenue up 13% to $328.6b for 2017-18 amidst higher stamp duty receipts
The number of property transactions rose alongside prices.
Xiaomi debuts in Hong Kong for world's biggest IPO since 2014
Its flotation may be the biggest since Alibaba’s $25b listing.
Tuen Mun site sold for $2.75b
It was awarded to Westlink Investments.
Loans up 3.6% in Q1 amidst intensified construction activities
On a monthly basis, loans for use also inched up 1.2% in March.
Is Kwai Tsing the new home for Hong Kong's upper class?
It’s one of the top five fastest growing districts in terms of affluence.
Hong Kong margin loans balloon nine-fold to $26.3b in 2017
The regulator has expressed concern about the risks associated with rising bad loans.
Hong Kong banks lift time-deposit rates amidst expected rate hikes
Standard Chartered and ICBC raised time-deposit rates to more than 2%.
The search is on for Asia's top export leaders in 2018
Nomination is open until 27 July 2018.
Government mulls underground facilities to free up land for housing
Sewage plants and reservoirs can be relocated to caverns to build more homes.
Blockbuster IPOs set to trigger cash crunch
A cash crunch looms as Xiaomi moves for a public debut which could push Hibor rates.
Government estimates 96,000 units in private flat supply
This represents 1,000 less flats than the previous estimate.
Can Hong Kong successfully lure biotech firms from Nasdaq?
Mainland companies are already mulling their flotations in the city instead of the US.
3 in 5 companies unprepared for digital reskilling
Recruiters are not future-proofing their human resources for the disruption AI brings.
More than half of employees lament unfair company wages and promotion decisions
They believe companies don’t have existing policies promoting financial well-being.
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