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Chinese drug developer Shenogen tapping banks for $300m IPO
The company is the latest to take advantage of relaxed listing rules.
Chinese drug developer Shenogen tapping banks for $300m IPO
The company is the latest to take advantage of relaxed listing rules.
Xiaomi guns for June 7 blockbuster IPO hearing
The much-anticipated public debut could raise as much as $10b.
Workers enjoy 5.7% higher salaries in 2018 but also suffer longer working hours
The financial sector continues to churn out generous compensation packages.
The world watches as China's payment giants barge into Hong Kong
Banks have reason to fear as Alipay and WeChat Pay continues to expand their foothold.
Hong Kong falls to second place as world's most competitive economy
Its ranking in infrastructure slipped to 23rd place.
Hong Kong has the world's 16th most powerful passport
Passport holders can enjoy visa-free access to 169 countries.
Lower investments loom as private debt swells 228.7% of GDP in Q3
The weakness of the HKD may prompt corporates to debt servicing instead.
Industrial leasing activity steadies in April amidst strong trade flows
Imports and exports rose 10.7% and 8.7% respectively in March.
Are developers snapping up hotel land to convert into higher yielding offices?
The office sector continues to enjoy heated interest from investors.
Total visitor arrivals up 9.6% to 15.61m in Q1
Ongoing recovery in Mainland tourism buoyed headline figures.
Retailers ramp up street shop leasing activity in April as sales recover
Major shopping centres posted as much as 10% boost in sales performance.
Hong Kong East and Kowloon dethrone Central in April as tenants embrace lower rents
The two markets accounted for over three quarters of new office lettings last month.
Government urged to cap shipping and maritime tax rate at 8.25%
The move ensures that the local tax regime can compete with international maritime hubs.
Home sales balloon 56% to 6,646 transactions in April
Mainland buyers snapped up posh homes, buoying luxury transactions growth to 44%.
Xiaomi IPO to make millionaires out of rank and file workers
Fifty six employees who pooled money to fund the startup in 2010 can make 200-fold return.
Inflation jumps 1.9% for fourth straight month in April
Prices for food and basic utilities like electricity, gas and water continue to rise.
Millennials are jostling for space in Hong Kong's property ladder
A third (34%) of mortgage applicants in 2H2017 were millennials born from 1980 to 1994.
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