News
Hong Kong drops to seventh place in APAC's most visited cities in 2017
There were 9.03 million international overnight visitors.
Hong Kong drops to seventh place in APAC's most visited cities in 2017
There were 9.03 million international overnight visitors.
Commercial property transaction volumes plummeted 65% in Q3 as rattled Chinese investors retreat
Locals took charge but failed to plug the gap left by Mainland counterparts.
Will Hong Kong bid nano flats goodbye amidst intensified public housing push?
Developers may start building larger projects sized between 400 to 600 sqft.
Hong Kong bourse turns to blockchain to boost Chinese share trading
It aims to boost information sharing on northbound trades.
Singapore's luxury home market dislodges weakening Hong Kong in Q3
Posh home prices in Singapore rose 13% whilst Hong Kong’s ground to a halt at 5.5%.
One-way permit scheme beefed up workforce by 700,000 employees
Around 400,000 workers came via the scheme whilst 300,000 were the migrating Mainland spouses.
Middle-level managerial salaries up 1.2% in June
Those in the building and construction segment had the largest salary gains.
New home sales crash to 16-month low at $11.2b in October
The dismal take-up comes after banks hiked lending rates.
Hong Kong beefs up e-wallet identity verification
Enhanced security features include two-factor authentication process.
Negative equity looms as property market weakens
The value of small flats have crashed by as much as 20%.
Typhoon Mangkhut rains on HKIA's parade as September aviation figues take hit
There were no flight movement for over 20 hours.
Hotels get pricier as high-speed rail delivers more business
The low supply of hotel rooms will push prices up.
Hong Kong suspends e-wallet top-ups amidst fraud reports in blow to Smart Banking push
Customers were hit by a combined loss of $180,000.
Wanchai office market continues to outperform Central in September
It led the sector in terms of rental growth for three straight months.
Hackers hit Cathay Pacific as data on 9.4 million passengers breached
Around 860,000 passport numbers and 245,000 identity cards numbers were accessed.
Chinese biotech firm Innovent Biologics raises $3.3b in IPO
It sold 236.5 million shares at $13.98 apiece.
Export growth slows 4.5% to $375b in September amidst typhoon and trade woes
This comes from a 13.1% expansion in August.