Financial Services
Hong Kong now has 14 tax data exchange partners
The newest tax deal that was signed was with New Zealand.
The Exchange Fund's foreign assets hit $3.3t in June
The Monetary Authority said the assets increased by $50b.
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.
AI, robotics to drive Hong Kong banks' growth
But risk and regulation will remain a key focus.
Hong Kong banks' loan growth to hit 5.5% in 2017
But credit growth will still slow over the next quarters.
Hong Kong delays implementation of global capital rules until 2020
HKMA cited 'a number of practical implementation questions'.
Why are Chinese bankers flocking to Hong Kong?
Expats are leaving Hong Kong as Western banks axe jobs.
FTLife inks three-way deal for business expansion
It is in partner with Cinda Hong Kong and NCB.
Hong Kong inks tax deal with Ireland
Hong Kong now has 12 tax data exchange partners.
Hong Kong banks' capital to be hit by tighter property regulations
But impact is expected to be manageable.
RMB deposits in Hong Kong up 4.1% to RMB528b in April
Overall foreign-currency deposits increased 0.7%.
Banks raise mortgage rates as HKMA implements new measures
The HKMA raised risk-weighted floor to 25% for new residential loans.
Government to implement revised tax policies
They include widening the marginal salary tax bands to $45,000.
Why the latest cooling measures will have marginal impact on the market
Only around 20% of borrowers have pre-existing mortgages.
Hong Kong dollar peg to remain intact despite pressure
Hong Kong's foreign exchange reserves allows the central bank to maintain the peg.
Commentary
The succession shift: Redesigning wealth structures for the next generation
2026 biotech playbook: Hong Kong at the centre of China’s globalisation
Navigating Hong Kong’s regulatory landscape: a challenging and rewarding endeavour