News

Hong Kong's blockbuster IPO year at risk from heating trade tensions

A liquidity crunch may force smaller firms to rake in less cash.

Hong Kong's blockbuster IPO year at risk from heating trade tensions

A liquidity crunch may force smaller firms to rake in less cash.

Non-bank Chinese exposure of Hong Kong banks doubles to 15% in 2017

Fitch, however, warns against the associated risks of closer ties.

Exports up 15.9% to $351.4b in May

Trade volumes to Singapore and Malaysia surged 43%.

Insurer FWD mulls Hong Kong IPO

Strategic acquisitions in the past five years have strengthened FWD’s foothold.

Singapore is cheaper for expats than Hong Kong

A liter of gasoline, unleaded 95 octane costs the most in Hong Kong at $15 (US$2).

Office vacancy rates tighten to 4.3% in May

Co-working operators from the Mainland continued to snap up office space.

Vacant residential tax to dampen developers' land bidding

The levy is expected to be focused on newly built units.

Meituan Dianping hit by massive $22.79b loss ahead of blockbuster IPO

Ballooning market and research spending hit Meituan in its attempts to diversify.

Public rental housing supply pegged at 34,800 for 2018-19

Of this number, 23,100 new flats and 11,700 refurbished flats will be available.

China Renaissance reportedly guns for US$800m in Hong Kong IPO

The investment bank is aiming for a valuation between US$4b to US$5b.

Hong Kong is 6th safest city in the world

It climbed from 14th place in 2017.

Central is the world's priciest prime office market for third straight year

Occupancy costs per sqft are higher than London and New York at $2,505.

Inflation extends steep climb after rising 2.1% in May

Prices for food and basic utilities rose steeply at 4.7% and 3.4%.