News

Government moves to reinvigorate film industry with land allocation

There will be a requirement to build cinemas in the Kai Tak and Sha Tin government land sales.

Government moves to reinvigorate film industry with land allocation

There will be a requirement to build cinemas in the Kai Tak and Sha Tin government land sales.

Hong Kong eyes $100b fund for green financing

The fund will be used to implement the Government Green Bond Programme.

Tourist arrivals up 11% to 5.3m in April

A continued recovery in Mainland tourism boosted monthly figures.

Digital revenues to hit US$5.8b in 2022 as consumers embrace mobile

The video games market is expected to be worth US$1b in four years time.

PMI plunges to 47.8 in May as orders dry up and costs mount

Companies turned to price discounts to offset sluggish sales.

Hong Kong's gender pay gap gets worse with age

Women in their 30s earn 11% less whilst those in their 50s earn 25% less than men.

Hong Kong trails behind Singapore in technological readiness

Poor R&D dragged the city to 10th place whilst Singapore snagged the crown.

Alibaba's Cainiao to invest US$1.53b in Hong Kong logistics center

Cainiao Smart Logistics Network will hold 51% stake in the joint venture.

Heightened Mainland lending pose risks to Hong Kong banks after rising 21% in 2017

The bulk of PRC lending is geared towards lower credit quality firms like SMEs.

Tencent unveils plan to ease Greater Bay Area travel through WeChat

Travel permits and IDs would be linked to the app to facilitate border crossing.

Thriving IPO scene under threat as the Mainland eyes similar bourse reforms

China is reportedly mulling lower thresholds for biotech firms to list.

Total port cargo throughput down 0.7% to 65.7m tonnes in Q1

Tonnage of inward port cargo plunged in Singapore, Korea, Japan and Vietnam.

Sunny Optical stock rallies by a whopping 9,500%

The Mainland lens producer is now worth $22b.

Three out of five jobseekers hunt through mobile phones

Job applications should also be mobile friendly.

Xiaomi reportedly plans $3b Chinese Depository Receipts in mega IPO

It may raise 30% of shares in the Mainland and the rest in Hong Kong.

Property sales down 10.9% to $63.5b in May

Skyrocketing property prices may have finally dampened demand.

Blockbuster IPOs buoy Hong Kong loans 17.1% in April

The city is hosting the back-to-back flotations of Xiaomi and China Tower.