News

Investment in Hong Kong commercial real estate up 27% to US$3.1b in Q3

Year-to-date investment is already 9% higher than in 2016.

China Evergrande to raise $12.34b from selling equity stake

Investors will acquire a 14.11% stake in Hengda Real Estate.

Hong Kong is the fourth country with the most failed M&A deals

Deal failure rate between 1992 and 2016 hit 8.6%.

Hong Kong bags largest hotel deals in Asia Pacific in Q3

11 deals worth US$1.5b have been made so far.

Hong Kong has most sustainable transport system globally

It scored the highest in terms of its transport system's human implications.

This is Hong Kongers' favorite credit card reward

73% said they prefer rebates due to convenience and value.

57% of Hong Kong trust sector grew assets in three years

But firms are growing more worried about compliance costs.

New rentals in Central surge 47% in September

There is strong demand from the banking and finance sector.

2 in 3 employees unhappy with work benefits

Employers aren't aware of poor employee understanding of benefits programme.

2,100 nano flats to be launched until 2020

First-time buyers might still prefer them over Starter Homes Scheme.

Kowloon East set to be next CBD: CBRE

10.7 million sqft of Grade A office space has been built in Kowloon East.

Will Alibaba steal Hong Kong's luxury lustre?

Alibaba is tapping more affluent households with its new Luxury Pavilion for high-end brands.

Hong Kong electronics brands fail in communication

Only 17% receive rewards for sharing their personal information.

Here's how fintech disrupted banks' customer-facing functions

The number of people engaged in banking fell 0.6% from 2015 to 2016.

Hong Kong's consumer prices up 1.4%

Price hikes were seen in take-out meals, transport, and alcohol.

Industrial property transactions edge up 12% to $6.1b

Tin Fun Ingustrial Mansion, sold for $1.98b, helped boost figures.