Hong Kong
Residential site in Kowloon Tong sold for $12.45b
It was awarded to Wharf subsidiary Alpha Pioneer.
Residential site in Kowloon Tong sold for $12.45b
It was awarded to Wharf subsidiary Alpha Pioneer.
PMI hits 51.5 in December amidst upbeat business sentiment
The turnaround was evident in higher levels of client demand and purchasing activity.
Net absorption for grade A office hits 603,900 sq ft in Q4
Heightened leasing activity in Central was due to new leases by Chinese financial companies.
Hong Kong remains Asia's priciest location for expat rental housing
Average rents cost $81,000 monthly.
Xiaomi reportedly tapped Morgan Stanley and Goldman Sachs for IPO
Sources speculated that either Hong Kong or New York will host the blockbuster listing.
Land transactions hit $16.48b in Q4
More than half of the transactions were recorded in the New Territories.
Hong Kong hosts 11th Asian Financial Forum
More than 2,900 government officials from around the world will be in attendance.
Finastra unveils Future of Banking Center of Excellence in Cyberport
It aims to facilitate digital disruption in the financial services industry.
China's top e-ticketing platform reportedly planning $1b Hong Kong IPO
Maoyan Weying is backed by influential investors which includes Tencent and Meituan Dianping.
Hang Seng Bank's mobile branch facilitates remote banking services
It serves residents in three public housing estates.
Exchange Fund's assets hit $3.51t in December
The monetary base reached $1.7t.
Government urges caution in relaxing mortgage policy
Opening the market to those with limited financial capability may lead to market upheavals.
Israel proposes to ease dual-listing with Hong Kong and Singapore
It facilitates the dual listing of Israeli companies in SGX and HKEX.
Hong Kong gets shortlisted for world's potentially largest IPO
Saudi Arabia's national oil company Aramco is seeking an international listing.
Public housing construction expenditure pegged at $115b from 2017-2022
The ten-year public housing supply target is estimated at 280,000 units.
HKMA launches consultation on Open API framework
It is part of the agency’s initiatives to transition into an era of smart banking.
Housing Society unveils policy evicting wealthier tenants to accommodate the needy
The new policy aims to ensure a more effective allocation of subsidised housing resources.
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