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Hong Kong hit by first wave of negative equity in two years as home prices fall
The aggregate value of mortgages in negative equity hit $1.19b in Q4.
Hong Kong hit by first wave of negative equity in two years as home prices fall
The aggregate value of mortgages in negative equity hit $1.19b in Q4.
New Hong Kong passport features hi-tech security upgrades
The travel document will feature designs only visible in ultraviolet light.
Movie ticketing app Maoyan opens flat on debut
It closed at $14.64 from an IPO of $14.8.
Hong Kong Exchange Fund's 2018 investment income plunged 95% amidst heavy equity losses
The headline figure hit $13.9b compared to $264b in 2017.
Hong Kong retains crown as world's freest economy
The SAR had stellar scores in trade and monetary freedom.
Retail rents to remain flat in 2019 amidst economic headwinds
F&B and healthcare sectors will provide key support to the retail leasing market.
Warehouse rents to rise 5% in 2019 as trade tensions bite
This would follow a 2.8% annual increase in 2018, the sharpest rise in four years.
Grade A office rental growth hits 6.7% in 2018
However, the outlook into 2019 looks increasingly dim.
Exports down 5.8% to $339.9b in December amidst trade war drag
Trade volumes to India crashed 35.9%.
Hong Kong accounting firms digitise faster than Singapore counterparts
Around 81% of local firms use automation apps compared to 34.5% in Singapore.
7 in 10 Hong Kongers believe fintechs are as trustworthy as banks: survey
However, 22% admit that the former are less trustworthy than old-guard lenders.
Hong Kong banks' pre-tax profit up 19.4% in 2018
NIM rose to 1.62% from 1.45% in 2017.
Guangzhou and Busan surpass Hong Kong port's performance
Filled vessels in Hong Kong fell 5.4% in 2018.
Hong Kong Business hails the most exceptional enterprises at the Hong Kong High Flyers Awards 2018
Over 100 guests graced the awards ceremony.
Inflation dips to 2.5% in December
The growth in food prices hit 3.8%.
Office vacancy rates let up to 4.2% in December
Vacancies in Central rose to 1.8% from 1.5% in November.
Budget surplus to hit $56.4b in 2019 amidst hefty land sales revenue: KPMG
The figure is 62% higher than the government estimate.
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