News
Hong Kong stock exchange operator profit surges 44% to $5.04b in H1
Record revenues from trading and jumbo listings boosted HKEX half-year earnings.
Hong Kong stock exchange operator profit surges 44% to $5.04b in H1
Record revenues from trading and jumbo listings boosted HKEX half-year earnings.
Chinese tech firm Bytedance eyes US$3b in funding before jumbo Hong Kong IPO
It would put the firm in prime position to be the world's second largest unicorn.
HKIA passenger traffic up 5.2% to 6.21 million in June
This represents the fifth consecutive month of growth.
Office rents extend climb after rising 2.4% in Q2
Wanchai/Causeway Bay dethroned Central as rental growth driver.
Bank loan growth may slow to 5% in H2
Trade tensions and higher interest rates are to blame.
Hong Kong raises record US$19.2b in summer IPO haul
Trading volume smashed previous record in 2010.
Health department falls victim to cyberattack
Computers were encrypted by ransomware, leaving some data inaccessible.
Property sales surge 55% to $99.4b in July even as vacancy tax bites
A Sha Tin apartment was nearly sold out a week after the cooling measures took effect.
Restaurant activity picks up as total receipts hit $28.8b in Q2
The total value of bar sales outpaced that of Chinese restaurants.
Hong Kong insurance sector taps on rattled Chinese market
New business premiums from Mainland clients hit $11.8b in Q1.
PMI hits 48.2 in July as trade jitters shake markets
Business sentiment plunged to a near two-year low.
Ocean Park hotel set for October launch as part of tourism drive
A water park will also be completed by the end of the year.
Hong Kong eyes tie-up with Guangdong and Macau to sustain tourism recovery
The move comes amidst threats of the falling yuan and heating trade tensions.
Hong Kong beats US and UK as top destination for Chinese property capital
Transaction volume surged 155% to US$3.4b in April-June.
China Tower raises US$6.9b in another lacklustre debut
It sold 43.1 billion shares after pricing its IPO at the low end.
Retail sales hit double digit growth for fifth straight month in June
Sales rose 12% to $37.8b.
Tourist arrivals up 12.8% to 4.74m in June
Rising number of Mainland visitors offset softening tourism from rest of Asia.
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