News

Its HQ in Mongkok will be redeveloped into three 25-storey towers.

The 75% rebate on landing charges will stand pat.

Switzerland is opening a new business promotion office in Hong Kong to help its small and medium enterprises do business in the city and on the mainland.

Shanghai Fosun Pharmaceutical (Group) Company said it could raise up to US$591 million in its coming Hong Kong IPO.

Developers cleared only 116 units this past weekend, says Nomura.

HK home prices are now 8% higher than the 1997 peak.

Survey says, HK’s net hiring intentions rebounded by 5 percentage points to 35%.

The extension may yield 40,000-50,000 home units.

Sales at City Chain and Optical 88 increased 13% and 12% respectively.

Demand for small domestic appliances incrased 14% this year.

Total land premium is worth around $5.87 billion.

Taiwan will not threaten Hong Kong as the top destination for mainland Chinese tourists unless deep structural reforms are made.

Financial Secretary John Tsang said the government will provide from 50,000 to 60,000 housing units in the next few years to ensure the property market's stability.

Large debt burdens threaten financial stability across advanced economies but not in Hong Kong, says IMF.

Check out the progress level of Hong Kong compared with the rest of the world.

Electricity sales to the Chinese mainland decreased by 16.7% to 1,441GWh from Jan-Sept.