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Hang Seng Industry Classification System to revamp stock classification
It will sort stocks into 12 industries, 31 sectors, and 94 subsectors to reflect developments in Hong Kong and Chinese markets.
Hang Seng Industry Classification System to revamp stock classification
It will sort stocks into 12 industries, 31 sectors, and 94 subsectors to reflect developments in Hong Kong and Chinese markets.
Developers eye home upgraders to boost unit sales
Developers, hit by a supply decline of 6% in the next three years, look for alternatives to make profits.
Hong Kong bank loans grow 3.03% in February
Trade finance loans fell for the sixth straight month to $477.7b.
Check out Hong Kong's first co-working tower by Spaces
The building consists of 130 private offices and 800 workstations.
Retail sales up 7.1% to $48.1m in January
Sales at department stores and F&B outlets rose 15.1% and 13% respectively.
Decentralisation underpinned 2.6% rise in Quarry Bay rents to $54.65 psf in February
Stocks of larger floor space are expected to be released in 2020 and 2021.
Home sales dropped 10% to 4,089 in February
Sales have weakened ever since prices started falling in July 2018.
Authorities remove nine categories from proposed extradition law
It will cut sections including bankruptcy, securities and futures, and intellectual property.
Hong Kong takes the world's 19th most powerful passport
Hong Kong’s passport holders have visa-free or visa-on-arrival access to 169 countries.
Hong Kong consumers more willing to share data than UK and Germany: survey
Consumers are willing to share income, location, lifestyle habit data in exchange for tailored offers.
Cathay Pacific to acquire budget airline HK Express for $4.93b
If the acquisition goes through, Cathay Pacific would control three of Hong Kong’s four passenger airlines.
Hong Kong credit card balances up 5% to $17.33b in Q4
The balances of Generation Z customers skyrocketed 89%.
Hong Kong named as the most vulnerable APAC country to Chinese trade decline
Most of the region’s exports are being absorbed by China.
Hong Kong and Paris squeeze into Singapore's throne as costliest city globally
Hong Kong moved from the 4th place last year to the top in 2019.
Home prices recovered 20-28% in Q1 since 2012
However, property investment volumes dropped 42% QoQ.
Real estate investment volumes jumped 16% to $399.8m in 2018: report
Hong Kong's growth placed it as the ninth largest source of real estate investments globally.
Record high 65.15 million visitor arrivals buoyed hotel occupancy in 2018
The lacklustre 2,500 new hotel room supply also supported the citywide occupancy of 91.4%.
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