Hong Kong
Hong Kong VC and tech deals go bigger as quality focus intensifies
SenseTime and Tinklabs closed billion-dollar funding rounds.
Hong Kong VC and tech deals go bigger as quality focus intensifies
SenseTime and Tinklabs closed billion-dollar funding rounds.
Compulsory sale applications from Chinese developers surged 160% in 2018
Hong Kong’s older buildings are in for a revamp.
Healthcare spending may double to $315b by 2033
Hospital-based care accounted for total health expenditure of $75.1b in 2018.
Hong Kong beats US and UK as preferred destination for Chinese property investment in 2018
The SAR snapped up 61% of investment volume for a record US$9.53b.
HKEX acquires Shenzen-based tech company
The firm plans to buy a 51% equity interest.
Tourist arrivals surge 17.9% to 6.59 million in December
There were over 5.12 million tourists from the Mainland.
Hong Kong's residential rents may be bottoming out
The rental decline narrowed to 0.3% in January.
GDP growth grinds to a halt at 1.5% in Q4
It was significantly lower compared to the 3.7% increase in the first three quarters.
Securities regulator joins the fray fleeing Central's pricey office market
The SFC will move to One Island East in 2020 to cut rental costs.
Grade A office vacancy rate rose to 4.4% in January
Vacancy rates in Central and Kowloon East hit 2.3% and 10.3%.
Half of Hong Kong adults struggle to make investment decisions: poll
Respondents lament small wages and overspending in meeting their financial goals.
Struggling Chinese firms to lift Hong Kong banks' classified loan ratio to 0.75% by 2019
The number of defaults quadrupled to hit a record $17.68b in 2018.
Strong sales unlikely to stem home price decline: JLL
Monthly sales need to hit 5,700 transactions to prop up slowing prices.
Family offices spar with VCs for Hong Kong's promising startups
One family office has devoted 15% of US$70m capital into tech investments.
PMI hits 48.2 in January as trade war gloom persists
This is the tenth consecutive month of deterioating private business conditions.
Online banking scams rose threefold in 2018: HKMA
There were 62 cases of phishing last year.
Trade war could hit half a percentage point of Hong Kong GDP: official
Higher tariffs will hit consumers right in the pocket.