News

Google to set up data centre in Hong Kong

The Government of Hong Kong welcomed Google's announcement today to build a data centre in Hong Kong.

Google to set up data centre in Hong Kong

The Government of Hong Kong welcomed Google's announcement today to build a data centre in Hong Kong.

Trading delayed as typhoon moves its way to Hong Kong

Hong Kong Exchanges & Clearing’s morning session has been canceled amidst the No.8 gale signal.

Hong Kong’s total exports and imports up

The year-on-year increases for exports and imports were 6.8% and 14.1% respectively.

Hong Kong finance professionals keen on seeking greener pastures abroad

67% of professionals want career growth, better salary packages, improved overall lifestyle and new work experiences overseas.

Hang Seng Index drops to its lowest since July 2009

It declined 1.5 percent to 17,407.80 amidst fall of Europe-related shares.

Hong Kong M&A amount to a whopping $55.3b in 2011

The country accounts for 12% of the total M&A deal flow in Asia.

Asian banks on firing spree?

With growing job losses in major cities, warning bells of more cuts ring.

Hong Kong takes a bite of Apple

Apple opened its first store in Hong Kong amidst growth of retail sales driven by spending from visiting Mainlanders.

Hong Kong homes most expensive for billionaires

Homes purchased by billionaires in Hong Kong cost $10,360 a square foot, or double the price paid by billionaires in London.

Worst week since 2008 looms for Hong Kong shares

The Hang Seng Index, which closed down 4.9 percent at 17,912.0 points on 22 September 2011, was down 7.9 percent on the week.

Overall consumer prices soar 5.7% in August

Inflation seen to rise further in the coming months due to surges in international food prices and private residential rents.

Second quarter Balance of Payments surplus reaches $19.6bn

Yet visible trade deficit in second quarter soared to $125.6bn.

Hong Kong property prices to anchor inflation expectations

Analyst says negative sentiment has clouded the property market with disappointing land auction results and major banks raising mortgage rates.

Study shows Hong Kong employees seeking pay hike

Yet 93% of employers surveyed plan to maintain or increase headcount next year.

Unemployment down to 3.2% in June-August

Over the same period total employment increased by almost 11,000.

Licensed banks in Hong Kong now up to 151

The Hong Kong Monetary Authority has granted a banking licence to Switzerland’s Banque Privée Edmond de Rothschild SA.

Hello, investors: Nearly 6 in 10 affluent Hong Kongers to invest in Greater China and Southeast Asian funds

It seems like they have a lot to invest, as 63% of Hong Kong's affluent reported a rise in net worth in the last 12 months.