In Focus

Tsang rejects calls to end peg

Tsang rejects calls to end peg

There is no better alternative to the HK$ to US$ peg.

CIFI and Tsui Wah IPO in Hong Kong

Both firms intend to raise a combined US$365 million.

No new supply of Grade A office in 2013

Scarce supply of Grade A office premises will continue in 2014.

Cathay Pacific flying more cargo

Hong Kong's airline reports its first significant freight growth in 18 months.

HKEx underperforms in Q3

Hong Kong Exchanges & Clearing reported a 19% drop in its third-quarter net profit.

Closer Hong Kong-Beijing ties encouraged

Hong Kong and Beijing can make more money together.

Home prices soaring out of reach

Prices for new and used homes hit a new record.

The HK$ to US$ peg stays

Controversial peg is pillar of HK policy.

HK will still become leading RMB center

Competitiveness will ensure Hong Kong’s leadership.

Tourists flocking to Hong Kong surge 16.3% to 35.4m

Thanks to Mainland market growth and rise in visits from Nort Asia.

Shopping in Hong Kong remains Asia’s best

90% of visitors visit Hong Kong for shopping, according to Nielsen.

Hong Kong posts September trade deficit

Continued weakness in major export markets resulted in Hong Kong recording a trade deficit of HKS$45.2 billion in September.

Hong Kong scrambles to defend HK$ again

Hong Kong came to defense of its embattled currency for the second time in four days Monday, selling HK$1.25 billion to deter the currency’s further appreciation.

Hong Kong implements first phase of Basel III

Hong Kong has published the Banking Capital Amendment Rules 2012.

Strong HK$ curtailed by HKMA

The Hong Kong Monetary Authority yesterday sold $603 million worth of Hong Kong dollars in the foreign exchange market.