News

Hong Kong's bourse reform plan seeks to tap on Chinese drug stocks

SEHK is considering opening up the exchange to allow pre-profit biotech companies to list.

Hong Kong's bourse reform plan seeks to tap on Chinese drug stocks

SEHK is considering opening up the exchange to allow pre-profit biotech companies to list.

Luxury homes beat year-end slump as high-value sales rise 9.4% in Q4

This was equivalent to sales of 3,297 luxury residential worth $10m and more.

HKIA ramps up efforts to maintain lead as world's busiest cargo airport

It is enhancing overall ability to handle temperature sensitive goods like pharmaceuticals.

Total exports up 6% to $360.7b in December

Imports also rose 9% to $420.6b over the same period.

Number of GEM stock debuts slashed following small-cap crackdown

New stocks rose 23% on the first trading day, down from 605% for the year through January 2017.

Battered retail sector gains its footing as sales may hit $480b in 2018

The sector is poised for a rebound following a bullish global economic outlook.

7 in 10 Hong Kongers prioritise travel over meals out and beauty treatments

A fourth of the respondents are willing to give up these luxuries to set foot in European cities.

HKEX unveils plans to boost bourse's market infrastructure

The new securities trading system, which will launch in February, can support 60,000 transactions per second.

Construction contract in Kai Tak West signed for $6.24b

It will build an underwater tunnel in Kowloon Bay to slash travelling time during peak hours.

Prime office rents in Admiralty up 10.9% in December

Rents cost $112.1 psf beating Central to post the largest annual change in office submarkets.

Inflation up 1.7% in December

Blame high prices of fresh vegetables and take away meals.

IMF backs Hong Kong's property cooling approach

However, it notes that the Buyer and the Ad-Valorem Stamp Duty should be replaced.

Home sales down 6.3% to 5,337 in December

However, the luxury sector remained active thanks to the traditional year-end bonus distribution.

Business confidence hits 13% in Q1 amidst expectation of higher output volume

The battered retail sector is expecting better days with the start of the new financial year.