News
Hong Kong exports to grow 6% next year: HKTDC
Prospects remain positive for semi-conductors and related components.
Hong Kong exports to grow 6% next year: HKTDC
Prospects remain positive for semi-conductors and related components.
Community malls fare better than luxury counterparts amidst retail slump
Base rents for second tier malls rose compared to a decline in tier-one retailers.
HKIA passenger traffic up 10% to 5.94m in November
Traffic to and from Mainland China and Japan grew significantly.
Unemployment rate stable at 3% in September to November
The underemployment rate also remained unchanged at 1.1% over the same period.
Government to provide 1,600 flats by tender
They will be sold in the first quarter of 2018.
Almost half of employees unhappy with their careers
One in five say a pay hike will make them happier.
HKEX unveils plan to expand listing regime
Pre-profit biotech companies are amongst those who will benefit from the expansion.
6 in 10 executives bemoan insufficient IT capacities
They believe their IT teams aren't equipped to effectively achieve business goals.
IT workers can expect 20% pay hike in 2018
Their projected salary increase is well above the national wage growth.
Government unveils Smart City Blueprint
This includes the pilot installation of smart lampposts which can collect real-time city data.
Manufacturing industrial production index up 0.3% in Q3
Food, beverage and tobacco output volume rose 2.8%.
The rich get richer: Hong Kong's affluent gap widens
The affluent Hong Konger invests 17 times more than the average person.
Commercial real estate investment surged by 74% in 2017
The office segment performed strongly but retail continued to decline.
Hong Kong to shoulder $2.36b of mega bridge's cost overrun
It is expected to be divided between Hong Kong, the Mainland and Macau.
Warehouse rents may recover by 5% as e-commerce drives air shipping demand
External trading volumes also picked up signaling the market’s gradual normalisation.
Cooling measures take effect as secondary residential transactions fall to 3,642 deals
This was 7.9% less than the SARS outbreak which shocked the housing market in 2003.
Tight vacancy rates may push Central prime office rents up 5% in 2018
This is due to sustained demand from PRC and financial services firms.