News

Hong Kong poised to top global IPO market in 2018

It is expected to raise as much as $250b this year.

Private development projects to provide 15,600 flats

It’s exponentially higher than the annual average of 4,200 flats in the past decade.

Public housing supply still short of ten-year target by 43,000 units

The target for public housing supply is set at 280,000 units and subsidised-sale flats.

Hong Kong IPO proceeds fall 34% due to lack of mega listings

However, it snagged third spot globally in total funds raised with an expected $128.2b.

Residential prices may increase 5-8% in 2018

Housing supply will remain limited, driving upward pressure on prices.

Check out which industry hired the most people in September

A total of 13,700 people got a job in this sector.

Total goods exports up 4.4% in October

Thanks to an increase in both re-exports and domestic exports.

Hong Kong GDP may grow 2.8% in 2018

The domestic market continues to benefit from the global economic expansion.

Luxury home prices to rise 7% amidst strong Mainland China demand

Hong Kong is expected to post the largest price growth amongst major Asian urban markets.

Hong Kong exports to grow 6% next year: HKTDC

Prospects remain positive for semi-conductors and related components.

Community malls fare better than luxury counterparts amidst retail slump

Base rents for second tier malls rose compared to a decline in tier-one retailers.

HKIA passenger traffic up 10% to 5.94m in November

Traffic to and from Mainland China and Japan grew significantly.

Unemployment rate stable at 3% in September to November

The underemployment rate also remained unchanged at 1.1% over the same period.