News
Number of local registered companies hits 1.3m in 1H17
There were 80,533 newly registered firms.
Number of local registered companies hits 1.3m in 1H17
There were 80,533 newly registered firms.
Employers struggle to secure preferred candidates as digital tech hiring booms
They're also competing with employers in China.
Primary transaction volume hits 13-year high
It surged 78% to approximately 9,780 registrations in the first half of 2017.
Hong Kong dominates inbound hotel investment in the first half of 2017
Investments into Hong Kong and Australia amounted to US$1.5b altogether.
Hong Kong stocks drop to 8-month low
Tencent and Galaxy Entertainment were amongst the biggest decliners.
Banks' increasing exposure to the property sector a cause for concern
Direct lending by banks to developers increased 23.6% in March.
Hong Kong's M&A deal leaks dropped to 10%
This is the lowest level since 2012.
Hong Kong economy's deficit hit $11.3b
Expenditure hit $34.9b in May.
Hong Kong's approved mortgage loans up 30.6% to $41.7b
Number of applications jumped 13.8%.
Are Hong Kong hotels on the road to recovery?
Occupancy at medium tariff hotels edged up to 89%.
AI, robotics to drive Hong Kong banks' growth
But risk and regulation will remain a key focus.
Land sale proceeds from government tenders hit over $100b in 1H17
It's the highest half year proceeds on record.
Hong Kong's retail sales value up 0.5%
Thanks to jewellery sales going up by 1.4%.
Two factors that could weigh on the property market
Rising interest rates is one.
Hong Kong banks' loan growth to hit 5.5% in 2017
But credit growth will still slow over the next quarters.
SMEs are not throwing in the towel just yet
These businesses are getting more confident of economic and business growth.
Is Hong Kong behind Singapore as the best city for expats?
Singapore’s innovation push is giving it a lot of edge.