News

Consumer prices rise by 1.4% in September

The increase, however, was smaller than in the previous month's 1.6%.

Consumer prices rise by 1.4% in September

The increase, however, was smaller than in the previous month's 1.6%.

Which sectors are expecting their situation to improve by end-2021?

Only 14% of businesses believe their situation will get better in Q4.

Unemployment rate slightly dips to 4.5% 

The number of jobless persons was down by around 7,100

Composite interest rate remains at 0.19% by end-September 2021

This is as the weighted funding cost for deposits was steady during the month.

Central's office rent grows for 2nd consecutive month

The 0.6% growth was driven by premium office space in the submarket.

Lam on leave after suffering minor elbow fracture from fall

Chief Secretary for Administration, John Lee, to take over until Lam recovers.

Cathay Pacific carries most cargo in a single month since COVID onset 

The airline’s overall tonnage grew MoM by more than 5% to 130,997 tonnes.

Cathay Pacific hits highest single-day passenger count since March 2020 

The airline carried ​​6,562 passengers on 17 September.

HKMA announces 19 eligible banks for cross-boundary WMC

Three of the 19 banks include HSBC, Citibank, and Standard Chartered.

Standard Chartered Hong Kong launch WMC services

Clients can now purchase SC Hong Kong’s wealth management products.

Citi Hong Kong, CGB team up to offer wealth services under Wealth Management Connect

Citi plans to offer around 100 types of wealth products from the mainland.

HKEX enters China's derivatives market with A-share futures launch

The bourse’s new futures contract is based on the MSCI China A 50 Connect Index.

External merchandise trade volume rises double digits in August

Total exports and imports of goods increased by 18.6% and 21%, respectively.

How HKEX's A-share futures launch will shake up Singapore’s monopoly in China

SGX shares already slumped 4% when HK announced the futures’ launch on 23 August.

Why Lam is confident that HK will become an innovation and technology hub

The Lam emphasised the government's $130b various projects for I&T development.