In Focus
New Zealand and China top MasterCard Index of Financial Literacy survey
New Zealand and China top MasterCard Index of Financial Literacy survey
Have best basic money management skills in Asia/Pacific.
HKMA frets over doubled loan growth
Fears credit and funding risks rising.
Hong Kong’s fund management business hits record HK$12.6 trillion
Overseas investors took 65% of assets under management.
HKEx to introduce CES 120 Futures
Expands HKEx’s range of China-related products.
Hong Kong hits banks for providing loans to mortgage firms
Says this will undermine property curbs.
Dearth of CFO talent stalks Hong Kong
This despite rising demand for accounting and finance professionals.
Four in five HK firms use cloud computing
Want to gain competitive edge and cut Capex.
Hong Kong ready for more NFC mobile payments
Some 40% of smartphones will be NFC-enabled by yearend.
16% of Hong Kong investors to make more aggressive strategies
Despite 13% of them losing money in 2Q13.
Lands Department's total land premiums hit $2.031b
There were 19 land transactions.
Horse racing scores big in Hong Kong
Young punters driving growth.
Corruption complaints drop by 2%
But complaints involving public bodies jumped 12%.
Hong Kong employers don’t care about leadership
Also don't formally assess employee leadership potential.
Hong Kong has 2,560 multimillionaires
Ranked fifth on world list.
Property agents stage huge street protest
Demand government property curbs be lifted.
Hong Kong’s PMI plunges to lowest level in 19 months
Blame it on private sector.
More Hong Kong IPOs predicted to come burgeoning this year
Around 80 IPOs in second half.
Commentary
Why the impact of AI is being underestimated and how it will transform business productivity in Hong Kong
The strategic decarbonisation model for Hong Kong real estate
The survival playbook for the CEO amidst geopolitical conflicts