News
CR Land's sales momentum forecast to resume in October
The September contracted sales drop was within analysts’ expectations.
CR Land's sales momentum forecast to resume in October
The September contracted sales drop was within analysts’ expectations.
7 pre-sale consents for residential developments issued in 3Q12
Find out where the developments are located here.
Housing subsidy now open for applications
The deadline is April 8, so be quick.
Sa Sa's sales in Hong Kong up 19.5% during the Golden Week
Sa Sa's sales outperformed relative to those of its retailer peers, says Barclays.
Golden Week turns dull
Sales of luxury items during Golden Week will likely fall 10% from last year.
WB slashes growth forecast for developing countries in East Asia-Pacific
The World Bank downgraded recently its growth forecast for developing countries in East Asia and the Pacific to 7.2%.
Huawei Technologies might IPO in Hong Kong
China's Huawei Technologies Co Ltd is considering an IPO in Hong Kong to boost its handsets business in major world markets.
Hong Kong residents tighten their belts
The retail sales picture for August show markedly lower spending for luxury and non-essential items with buyers focusing spending on basic commodities such as food and clothing.
Hong Kong banks major players in China
Hong Kong-based banks now hold over a third of all the profits and assets made by foreign banks in China.
ADB downgrades China’s GDP forecast
An update of ADB’s Asian Development Outlook 2012 lowers PRC’s 2012 forecast to 7.7% from the projected 8.5%.
Mainlanders flooding Hong Kong this Golden Week
Mainlanders traveling in groups or singly are expected to increase by about 10% during China's National Day Golden Week holiday that began Sunday.
Credit Suisse predicts Hong Kong recession in Q3
Credit Suisse Group AG predicts Hong Kong’s growth to fall to 1.4% this year from its previous forecast of 2% on weakening domestic demand.
August visitor arrivals climb 21%
Hong Kong saw a 21% year-on-year rise in visitors in August, reaching 4.9 million, said the Tourism Board.
Syndicated bank loans in freefall
Syndicated bank loans in Hong Kong plunged 41% in Q3 to HK$10.5 billion from the HK$17.7 billion in Q2.
Mortgage loans jump 29%
More used homes transactions caused Hong Kong’s approved mortgage loans to rise 29% in August from July.
Taiwan encourages more business deals with Hong Kong
More business exchanges in services between Hong Kong and Taiwan will ultimately serve to boost the economies of both states.
Hong Kong retains AA+ Fitch rating
Fitch Ratings has affirmed Hong Kong's Long-Term Foreign- and Local-Currency Issuer Default Ratings at AA+.
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