News
Hong Kong’s luxury residential price growth shoots to 28%
Prices grew strongly by 7.3% qoq in 2Q11.
Kowloon East Grade A office rentals’ moderate growth seen
Rental growth is expected to slow down in the second half as the office supply market of the site becomes more competitive.
Government to increase housing land supply
Hong Kong also eyes further development of the Tung Chung New Town, and implementing new development areas in the northern New Territories.
Retail property rent in traditional shopping districts up 7.4%
International retailers continued to outbid existing tenants to secure shops in prime locations in belief that Hong Kong is a stepping stone to inland Mainland China cities.
155,835 valid applications for iBond subscription received
The retail bond will be issued on July 28 while its listing and dealings on the Stock Exchange will take effect on July 29.
New mortgage loans in June fell by 9.4%
The latest round of tightening of the underwriting standards of mortgage lending introduced last June 10 seen to have caused the falling figures.
Luxury residential prices shoot to three-year high in 2Q
Prices rose 3.8% to HK$19,520 per sq ft as of May 2011.
Advertisers splurge in the first half of 2011
Total advertising spending jumped 16 percent and reached a record high.
China Everbright Bank refutes Goldman Sachs report
The bank said it is not true that its loan-to-deposit ratio had reached 81 percent.
HKMA shows new banknote designs
The notes are equipped with features for security and to aid the visually impaired to differentiate between the denominations.
Hong Kong’s second quarter luxury residential prices up 3.8%
Luxury rents are estimated to soar further by 15% in the next 12 months.
It doesn't end with pork: Hong Kong’s inflation shoots to 35-month high
The country’s consumer price inflation rose to 5.6% yoy in June.
Hong Kong launches code for treasury markets
The code lays down minimum standards which institutions should follow in their treasury market activities.
Exchange Fund posts $46.3bn income during the first half
The fund rakes in $43.6bn net investment income amidst the asset markets’ volatility in the first half of the year.
iBond subscription amounts to HK$13b
This represents a 30 percent oversubscription.
Hong Kong smartphone users keen on news apps
A survey revealed that most apps are used to look for various information and entertainment from the Internet via mobile devices during commuting time.
Hong Kong is the most popular city for international businesses: survey
Almost 70% of international companies surveyed are represented in Hong Kong.
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