News

RMB deposits dipped 0.4% to RMB532.8b

Overall foreign-currency deposits inched up 0.3%.

Hong Kong expects 9.24m passengers during festive periods

Immigration Department will boost manpower at control points.

Average wage rate hikes by 3.8%

Almost 7 in 10 companies implemented hikes.

What are the major shortcomings of the MPF scheme and how can it be improved?

The 16-year annualised return on all MPF funds is just 2.8%.

Here's how Henderson Land can benefit from the acceleration in farmland conversions

It has ~926,000 sq ft of farmland in Kwu Tung North and Fanling North that could be converted.

Property price gains hit 19.6% in July

But price increases are already decelerating.

Hong Kong's total goods exports up 5.7% in July

Domestic exports decreased by 6% in the same period.

Total employment increases by 7,700 to 3.8m

Unemployment rate remains unchanged at 3.1%.

ZhongAn Online P&C Insurance launches $1.5b Hong Kong IPO

It's the first major fintech listing in Hong Kong.

Sun Hung Kai Properties raises sales target to $36b for next year

The group hit sales of $44b in FY17, exceeding its $33b target.

Nine in 10 employers worry about rising medical costs

One in two companies already adopted cost-containment measures.

Almost 3 in 10 companies keen to offer flexible benefits to employees

They are responding to diverse workforce needs and values.

Hong Kong's gross domestic product up 7% to $627b

Gross national income also inched up 8.5% to $677.5b.