News

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.

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.

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.

Mortgage loans down 20.7% to $23.5b in December

Weakening property demand has weighed on loan growth.

Property sales down 22.6% in January

The total consideration for the 5,589 deals hit $72b.

Hong Kong restaurant receipts hit $30.4b in Q4

Non-Chinese restaurants saw strong year-end figures.

Less than 100 luxury homes will be built in 2019: JLL

New home supply at the Peak is set to fall to 13 units per year.

Hong Kong banker bonuses drop by a fifth as stock markets fall

Some local brokers had to make do with a lai see.

Chinese tourists prefer Australia and Singapore over Hong Kong: survey

The survey notes that the SAR does not have sufficient travel and outdoor activities.

Goods and services complaints up 5% in 2018

Vaccination grievances climbed four times amidst the inadequate supply of the HPV vaccine.

Government gives discounted land to Housing Society to boost public housing supply

The society will build 6,600 flats across Kowloon from 2024-2026.