News
HKIA passenger traffic up 6% to 5.82m in February amidst CNY break
Travellers from the Mainland and Japan took advantage of the long vacation.
HKIA passenger traffic up 6% to 5.82m in February amidst CNY break
Travellers from the Mainland and Japan took advantage of the long vacation.
Exports up 1.7% to $245.7b in February
Trade outflows to Malaysia and Philippines buoyed monthly figures.
Workers rejoice: average wage rate rose 2.1% in December
Payroll per person also increased 2.6% in Q4.
Check out which sector dominated Hong Kong's IPO charge in Q1
This sector snapped a third of the city’s public offerings.
Chinese developers slow down property acquisition spree
Local developers bid more aggressively as Chinachem and The Wharf snatched two GLS sites.
Tencent-backed food delivery startup seeks Hong Kong IPO
Meituan Dianping is reportedly mulling a valuation of at least $60b.
Small business optimism hits six year high as technology accelerates growth prospects
Almost half (48%) admitted that technological investment boosted company profits.
F&B sector hit by highest vacancy rates in December
The industry had roughly 12,120 vacancies.
Unemployment flat at 2.9% in December-February
This is equivalent to 3.98m unemployed persons.
Inflation levels extend climb after rising 3.1% in Feburary
The price of basic utilities rose for the second consecutive month.
Hong Kong's richest woman loses US$6b as casino firm crashes
The losses began after authorities warned that the shares were concentrated amongst a small stockholder group.
Prime office rents extend run after rising 5.2% in Q4
Admiralty and Sheung Wan led the charge after rising 11% and 9% respectively.
Homebuyer subsidy not feasible: Financial Secretary
If interest rates rise, lower property prices may only hurt mortgage payers.
Hong Kong-Singapore rivalry gets heated as regulators exchange barbs
SFC decried allegations that Beijing exercises clout over the regulator.
Central office tower loan may balloon as lead investor ditches sale
After China Energy withdrew, the $16.08b loan pricing rose 10bps.
Cathay Pacific bounces back from fuel-hedging hit with surprise H2 profit
This narrowed the full-year net loss to $1.26b, below analysts expectation of $2.26b.
Hong Kong banks can withstand another housing crash: S&P
They can maintain their credit profiles even if prices were to plunge by 30%.