News

Xiaomi rebounds with a 14% climb after lacklustre debut

Its share price surged to $19.14 in early afternoon trading from its IPO of $17.

Xiaomi rebounds with a 14% climb after lacklustre debut

Its share price surged to $19.14 in early afternoon trading from its IPO of $17.

Street shop rents up 0.6% H1 2018 as consumption shifts into overdrive

Personal care stores and pharmacies have signed at least 18 new stores.

SFC slaps $24m fine on China Construction Bank's investment arm

CCB International Capital failed to conduct reasonable diligence on Fujian Dongya’s listing.

Cash is still king in Hong Kong as only a fifth embrace e-payments

Nearly 70% cite that they remain unfamiliar with the tech required to go cashless.

Goldman, Citi bankers abandon posts to cash in on biotech hype

At least seven senior bankers and analysts have quit since December.

Registered local companies hit 1.41 million in June

There were a total of 85,449 new company registrations in the first half of the year.

Half year office net absorption rate of 1.5m sqft smashes 2017 full-year record

Sustained leasing demand from Chinese financial firms buoyed half-year figures.

Tech logistics boosts industrial property sector in H1 2018

A notable deal includes Alibaba's US$1.53b investment in a Hong Kong logistics hub.

Singapore beats Hong Kong in global smart city rankings

The SAR ranks 18th globally whilst the lion city is second only to London.

Ho Man Tin parking space sold for record-breaking $6m as garage values outstrip sky high home costs

The average parking space cost has ballooned more than six times since 2006.

Life annuity scheme unveiled for senior citizens

Men will receive a monthly payout of $5,800 whilst women get $5,300.

Trade war could cut 1% of Hong Kong's GDP

Immediate damage would be felt by export-dependent economies like Hong Kong.

Reclamation and real estate revamp eyed to boost flat supply

The airport relocation enabled the redevelopment possibility of old Kowloon homes, said CE Lam.

How can Hong Kong banks reconcile third party data sharing with cybersecurity?

Banks need robust cyber resilience strategies to plug risks.

Hong Kong may turn overseas to scout big data talent

Candidates familiar with open source programming languages are expected to be in hot demand.