News
Prime rate hike likely to take effect in Q4
Analysts waved off concerns that interest rates will immediately rise following the Fed’s tightening policies.
Prime rate hike likely to take effect in Q4
Analysts waved off concerns that interest rates will immediately rise following the Fed’s tightening policies.
Close Chinese financial ties are both boon and bane for Hong Kong banks
The Mainland’s deleveraging programme will drive cross-border loan activity but pose risks to LGFVs.
SFC slaps Deutsche Bank with $8.3m fine
It violated short position reporting and made unlicensed regulated activities.
Hong Kong regulator targets other ‘reckless' IPO sponsors following UBS ban
15 more firms are in the SFC's watchlist.
Hong Kong's liveability for expats plunges amidst intensifying pollution
It dropped to 28th place.
HKEX ties up with MSCI to launch new Asian futures offerings
The move aims to boost its derivative business which accounts for 18% of HKEX revenue in 2017.
New auto sales growth to slow down to 4.3% to 41,000 units
Rising borrowing costs is pushing the brakes on passenger car sales.
Residential projects dominate construction works in 2017
The gross value of home projects rose 1.4% in nominal terms to $66.1b.
Secondary home prices extend steep climb after rising 15.4% in January
Market prices increased for the 15th consecutive month but a slowdown may be looming.
Housing market defies cooling measures amidst aggressive market takeup
Wheelock & Co. sold all 750 apartments amidst a slew of 9,800 applications.
Smart card Octopus' dominance dampens Hong Kong's mobile payments growth
Smaller e-payments players are finding it hard to gain traction against the ubiquitous card.
Hua Medicine targets IPO amidst wider market access for biotech firms
The deal for the Shanghai-based diabetes drug developer could raise as much $300m.
Public healthcare system thrives amidst staggering surplus
Recurrent expenditure on healthcare grew by an average of 7% over the past decade.
Chinese fashion retailer GXG mulls $300m Hong Kong IPO
The brand is backed by Louis Vuitton’s private equity firm L Catterton Asia.
Lady boss: Hong Kong trails developed countries in female c-level representation
The number of women on HSI boards rose to 13.8% but Canada and US boards are over 20% female.
Nearly half of women bemoan insufficient gender diversity work policies
They believe greater transparency can help address this.
Dollar depreciation may trigger slowdown in housing market
The ratio of HIBOR-linked new mortgage loans on floating rates has dipped to 86.2% in January.