News
Fosun Pharmaceutical to IPO in Hong Kong
Shanghai Fosun Pharmaceutical (Group) Company said it could raise up to US$591 million in its coming Hong Kong IPO.
Fosun Pharmaceutical to IPO in Hong Kong
Shanghai Fosun Pharmaceutical (Group) Company said it could raise up to US$591 million in its coming Hong Kong IPO.
Sales of new launched homes plunge 54% over the week
Developers cleared only 116 units this past weekend, says Nomura.
Hong Kong home prices set yet another record high
HK home prices are now 8% higher than the 1997 peak.
Good news! Hong Kong employers back to hiring mode
Survey says, HK’s net hiring intentions rebounded by 5 percentage points to 35%.
Government mulls over speeding up Tung Chung New Town extension
The extension may yield 40,000-50,000 home units.
Stelux beats other retailers with stellar Golden Week sales
Sales at City Chain and Optical 88 increased 13% and 12% respectively.
Hong Kong consumers splurged USD10m on food prep appliances
Demand for small domestic appliances incrased 14% this year.
Q3 land transactions hit 17 registrations
Total land premium is worth around $5.87 billion.
Hong Kong leads Taiwan as tourist destination for mainlanders
Taiwan will not threaten Hong Kong as the top destination for mainland Chinese tourists unless deep structural reforms are made.
Government pledges property market stability
Financial Secretary John Tsang said the government will provide from 50,000 to 60,000 housing units in the next few years to ensure the property market's stability.
Why Hong Kong banks are not going to crash anytime soon
Large debt burdens threaten financial stability across advanced economies but not in Hong Kong, says IMF.
Hong Kong amongst highly compliant with Basel 3 liquidity rules
Check out the progress level of Hong Kong compared with the rest of the world.
CLP loses its steam in China market
Electricity sales to the Chinese mainland decreased by 16.7% to 1,441GWh from Jan-Sept.
These are offshoring woes Hong Kong firms are troubled with
33% say that quality of service is compromised when offshoring.
More Hong Kong seniors aged over 65 becoming poor
The government will start setting a credible poverty line.
The key to getting the financial hub status
Find out more about Hong Kong's 'soft power'.
Government to intensify property market stability: FS Tsang
About 50,000 to 60,000 units will be released in the next years.