News
Investors still flock to Hong Kong's IPO market despite lacklustre year
Bloomberg reports that the recent IPO of Chinese eye-clinic drew the highest retail participation in 11 years.
Number of registered local companies hits 1.38m in 2017
A total 160,229 local companies were newly registered last year.
Farmland conversion proposal may benefit major homebuilders
Developers must act quick to snap up deals to stay ahead.
Total retail sales up 7.5% to $38.7b in November
Medicine and cosmetics rose 12.5%.
Hong Kong poised to top global IPO market in 2018
It is expected to raise as much as $250b this year.
It's the most wonderful time of the year!
We're taking the time off!
2 in 5 Hong Kongers are likely to make online purchases on Singles' Day
It’s Hong Kong’s top online shopping festival.
Private development projects to provide 15,600 flats
It’s exponentially higher than the annual average of 4,200 flats in the past decade.
Public housing supply still short of ten-year target by 43,000 units
The target for public housing supply is set at 280,000 units and subsidised-sale flats.
Battered retail sector may recover in 2018 but outlook remains negative: Fitch
Tourist arrivals are recovering after a two-year decline.
Hong Kong IPO proceeds fall 34% due to lack of mega listings
However, it snagged third spot globally in total funds raised with an expected $128.2b.
Residential prices may increase 5-8% in 2018
Housing supply will remain limited, driving upward pressure on prices.
Check out which industry hired the most people in September
A total of 13,700 people got a job in this sector.
Total goods exports up 4.4% in October
Thanks to an increase in both re-exports and domestic exports.
Hong Kong GDP may grow 2.8% in 2018
The domestic market continues to benefit from the global economic expansion.
Luxury home prices to rise 7% amidst strong Mainland China demand
Hong Kong is expected to post the largest price growth amongst major Asian urban markets.
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