Hong Kong

The Hang Seng Index climbed 17% whilst the bourse's market cap hit US$5.78t.

Deadline for submissions is on 12 July 2019.

The new international accounting standards on treatment of leases will have a serious impact on the financials and operations of many companies in Hong Kong.

Almost all or 91% of companies have employed temporary or contract staff over the past year.

Occupancy rate rose 3 ppt to 89%.

Features include coverage extended to unknown pre-existing conditions and no limitations on ‘lifetime benefit'.

The first batch of licensees were granted to applicants with experience in running a deposit-taking and lending business.

Compulsory sale applications from Chinese developers surged 160% YoY to 39 applications.

Strong office investments offset sluggish retail and industrial investment volumes.

Deadline for nominations is on 12 July 2019.

The country’s prime yield stood at 3.4%, down 30 bps from 2017.

The insurer will offer personal reimbursement for hospitalisation.

The 2019 Standard Chartered Hong Kong Marathon saw a record number of participants take part in this annual race. After the event, social media feeds were flooded with posts from marathon-going friends and friends of friends; complete with high-quality photos from professional and amateur photographers.

It will sort stocks into 12 industries, 31 sectors, and 94 subsectors to reflect developments in Hong Kong and Chinese markets.

Developers, hit by a supply decline of 6% in the next three years, look for alternatives to make profits.

Trade finance loans fell for the sixth straight month to $477.7b.