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.