In Focus
HKPF intensifies cybercrime capability
HKPF intensifies cybercrime capability
Opens a cybersecurity center to combat Internet crimes.
Hong Kong to get new IPO rules
Penalizes banks for IPO candidates’ misdeeds.
Government to impose restrictions on home resales
Fight to avert property speculation extended to secondary market.
Nasty surprise for home buyers in 2013
After rising over 20% in 2012, home prices could jump a further 10% in 2013.
Property bubble threat remains serious
Financial Secretary John Tsang again sounds warning against a persistent menace.
South Beauty Group to list in Hong Kong
Operator of tony restaurant chain to use funds for expansion.
Year-end IPO surge in Hong Kong
Two IPOs raise US$3.38 billion but investor sentiment remains weak.
Capital values of HK high street shops grew moderately in 3Q12
It slowed to 3% against the previous quarter's 9.8%.
Hong Kong educational system world’s 3rd best
Ranks behind Finland and South Korea in cognitive skills.
CIMB to do more investment banking in Hong Kong
New strengths allow it to be more competitive.
Take-up for offices for lease plunged 80% in 3Q12
Grade A office rents meanwhile grew 1.5% after 3 months of decline.
Land developers assail government control
Claim government stranglehold is potentially dangerous.
Speculators buying up parking spaces
Some parking spaces now more expensive than small apartments.
HSBC to sell Ping An stake
Ping An to be divested despite its profitability.
Government insists that stamp duties are working
Claims it’s stabilising the property market.
Hong Kong’s 2012 GDP growth estimated at 1.2%
Gross Domestic Product grew 1.3% year-on-year in the third quarter.
Hong Kong air pollution worse than feared
Government audit shows cancer-causing pollutants rising by 200%.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong