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Hong Kong holds back capital outflows for now: Natixis
The HSI volatility index has shot up slightly above the VIX index, which reflects the global environment.
Hong Kong holds back capital outflows for now: Natixis
The HSI volatility index has shot up slightly above the VIX index, which reflects the global environment.
Tuen Mun site sold for $244.19m
It is designated for private residential purposes.
Retail sales fall 11.4% to $34.4b in July
Sales of jewellery, watches and clocks, and valuable gifts crashed 24.4% YoY.
Overseas real estate investments fell 31% to $40.79b in H1
Total commercial real estate capital deployed to Singapore hit $10.96b.
Hong Kong Business hails the most outstanding companies in 2019
The awards ceremony was graced by around 100 executives.
July exports shrunk 5.7% to $338.6b
Electrical machinery, apparatus and appliances, and electrical parts registered a 6.9% YoY decrease to $9.7b.
Hong Kong prime office rents shrink 1.1% in Q2
Central’s rental rates recorded a 0.2% YoY decline to $161.1 psf monthly.
HKB Management Excellence Awards 2019 opens doors for nominations
Entries will be accepted until 18 October 2019.
Hong Kong still top APAC real estate investment market in H1
However, transactions fell 46% YoY to $47.06b.
PwC and HKSTP launch IT fundraising programme
It aims to lure tech companies to Hong Kong.
Central office vacancy rate hits three-year high of 2.6% in July
The occupier market contracted to 56,100 sqft due to subdued leasing demand.
Composite interest rate down to 0.94% in July
This is due to decreases in weighted funding costs of deposits and interbank funds.
Hong Kong inflation remains unchanged at 3.3% in July
Hungry Hongkongers won’t be happy with the inflation rate of 12.8% for food prices.
Jobless rate up to 2.9% in May to July 2019
This translates to an additional 3,300 unemployed people.
Economic conditions in H1 weakest in a decade: government economist
Real GDP is expected to grow by a dismal 0-1% by the end of the year.
Total export volume down 5.2% in H1
Exports fell for the fourth straight month in June.
64% of Hong Kong investors failed to achieve objectives: survey
Knee-jerk decisions during market volatility could hamper investors from achieving their goals.
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