In Focus

Hong Kong’s banks are in for more pain as the new and unduly strict rules to curb property speculation choke decelerating market growth even further.

Hong Kong stands to see no growth in its total exports for this year as businessmen remain pessimistic about the economy.

The Monetary Authority has issued tougher guidelines that order banks to tighten underwriting criteria for loans and to set a maximum loan tenor for all new mortgage loans.

Seven agreements that include the further liberalization of Guangdong's trade services sector were signed between Hong Kong and that south China province.

The massive new stimulus announced by the US Federal Reserve Sept. 13 has forced Hong Kong to take immediate action to prevent its tumble into recession and a return of the property bubble.

Li Ka-shing and Lee Kun-hee, Co-Chairman of Samsung Electronics met in Hong Kong to discuss ways to expand cooperation, especially in handset and network businesses.

Two mainland Chinese companies intend to raise some US$1.1 billion by making their initial public offerings in Hong Kong.

Hong Kong's pro-democracy candidates rode a wave of strong anti-China sentiment to emerge with a small but decisive minority in the Legislative Council after Sunday's election.

Hong Kong’s government has announced rules that will severely restrict non-residents from buying property in the city.

Amid growing anti-China sentiment, Hong Kong's voters go to the polls on Sept.9 to institutionalize universal suffrage by 2017.

The number of homes sold in the first seven months fell 22% to 46,910 from the same period a year ago.

HSBC Holdings Plc has bolstered its equities and prime services units with the appointment of nine senior executives to its Asia Pacific operations.

The government reported a massive deficit for first the four months of the financial year 2012/13.

Hong Kong’s stock as a major capital market took another hit when China Everbright Bank Company put its IPO on hold.

Accounting firm Ernst & Young faces a dilemma that could violate the laws of Hong Kong and China either way.

Mortgage loans drawn down during July dropped by 20% compared with June, to $16.1 billion, said the Monetary Authority.