News

Morgan Motors appoints its first dealer in Beijing in over a century

The British automotive company is now setting its sights on China as a potential engine of growth.

Morgan Motors appoints its first dealer in Beijing in over a century

The British automotive company is now setting its sights on China as a potential engine of growth.

Hong Kong's air pollution drives businesses to Singapore

Air pollution is a pox on Hong Kong’s business.

Will Hong Kong bankers have more money in the bank?

Survey shows Hong Kong-based investment banking and fund management staff expect an average bonus worth 37% of their salary for 2011.

Central rents to fall 14% in 2012, says analyst

The downturn is unlikely to be anywhere near as severe as in the late-1990s, according to HSBC.

Foreign currency reserves rise a puny 1% in December

One of Hong Kong’s defenses against a recession has again inched upwards.

Hong Kong Airlines dares to take on Cathay Pacific

Hong Kong Air plans to acquire some 100 aircraft for its fight against Cathay Pacific.

Newly registered companies up 6.31%

The figure for 2011 was a record high of 148,329.

Hong Kong is top IPO destination for 3 consecutive years

IPO market continues to be promising in 2012 as HK$230bn total funds raised through IPOs in Hong Kong is expected this year.

Visitor arrivals up 16.4%

Out of the 41.92 million arrivals, 28.1 million came from the Mainland.

Brace yourselves for a recession in 2012

Blame it on Hong Kong’s business activity that remained persistently weak from August to December 2011.

Are Hong Kong and China too close for comfort?

Chinese business has caught a virus that will be contagious to Hong Kong.

Hong Kong’s recovery unlikely to be swift: Hang Seng Bank

Economic growth is expected to ease to an average of 4%.

Retail sales whacked by inflation

Inflation took some of the luster off a welcome rise in retail sales in November.

Painful inflation nullifies wage increase impact

Inflation erased over half the value of wage increases that Hong Kong’s employees received in September 2011.

Lull in China’s economy to hurt HK’s commercial property sector

With 35% of Hong Kong’s total retail sales coming from mainland Chinese visitors, the city-state is bound to suffer if China’s economic woes continue.

Hong Kong posts $1.5bn deficit

Scheme $6,000.expenditure boosted the deficit.

Government faces fight for electricity tariff hikes

CLP Power already reduced its planned increase from 9.2% to 4.9%.