News
Hong Kong rolls out new income limits for welfare
Income ceiling for full allowance rose for a two-person household.
Hong Kong rolls out new income limits for welfare
Income ceiling for full allowance rose for a two-person household.
Hong Kong warns against home loan risks as prices soar
A new round of cooling measures loom ahead.
Homeowner scheme to be launched for first-time buyers
It can possibly adopt a public-private partnership model.
Hong Kong consumers in a 'casual' relationship with fast-fashion retailers
They like the brand but do not want to be too engaged.
Why Hong Kong needs to attract top firms for Lok Ma Chau Loop tech park
The project is set to contribute $57b every year.
Premium taxi groups slam government's franchised cabs plan
They fear that only cash-rich mainland investors will benefit.
Hong Kong's GDP growth to hit 2.5% in 2017
2017 headline CPI inflation is forecast to reach 1.9%.
Why are Hong Kong banks cautious towards lending to mainland state-owned entities?
27% of SOEs are loss-making.
Hong Kong government's deficit hit $1.4b in February
Expenditure was at $35.7b whilst revenue is at $34.3b.
Approved mortgage loans dropped 2.4% to $27.6b
Whilst the number of applications slipped 0.1%.
Cathay Pacific eyes squeezing in more seats to reverse losses
It recorded a $575m loss last year.
Hong Kong banks team up with Deloitte, HKMA to develop distributed ledger technology proof of concept
Participants include BOCHK, BEA, Hang Seng, HSBC, and StanChart.
Tourist spending restrained in February
December rebound in luxury sales did not persist.
Hong Kong banks' loans to grow at a subdued rate of 3% in 2017
Strong expansion in credit activity is unlikely to be sustained.
How does China's underground bank crackdown impact Hong Kong's remittance services?
Faster outlflows to Hong Kong is expected as clampdown fears escalate.
55% of Hong Kong CFOs say skills shortage is top concern
And 34% say increased demand from stakeholders will also be a challenge.
42% of Hong Kong investors are more confident in local market
This is compared to just 23% in 2016.
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