Hong Kong
Delivering the Virtual Restaurant of Tomorrow
Delivering the Virtual Restaurant of Tomorrow
No waiters, no diners: the food delivery boom is opening new doors for restaurants.
PMI sinks to eleven-year low in Q3
Hong Kong’s economy is contracting at an annual rate of just over 3% in Q3.
Hong Kong is the world's third most competitive economy
It topped macroeconomic stability, health, financial system and product market categories.
HKEX scraps $285.86b bid for London bourse
LSE’s board had unanimously rejected the proposal on 13 September.
Hong Kong faces third-greatest housing bubble risk globally: UBS
It remains the least affordable housing market amongst cities analysed.
Co-working space theDesk opens urban farm at Sheung Wan
A subscription goes for $4,000 every four months.
Greater Central office rents to fall by up to 8% in 2019
Only Hong Kong East defied the rental downturn in Q3.
Volvo Hong Kong unveil sleek sport sedans
The Volvo S60 and V60 promises the ultimate dynamic driving experience.
August retail sales plunge in worst performance on record since 1998
Sales crashed 23% in August, worse than that recorded during the Asian Financial Crisis.
Approved mortgage loans dipped 2.8% to $45.3b
The number of mortgage applications also decreased by 26.5% MoM.
Mall rents slashed by up to 25%
Protests have hit Causeway Bay and Tsim Sha Tsui rents the hardest.
Kowloon office leasing demand weakens further in August
Monthly rent in Admiralty fell 9.4% to $105.5 psf.
Costs of completed buildings totalled $2.4b in July
Another 110,548 sqm of new buildings will be added to the supply pipeline.
Q2 current account surplus more than doubled to $37.8b
This was due to a decline in the goods deficit and growth in the net inflow of primary income.
External debt hits $12.76t in Q2
However, the banking sector’s ED dipped.
Financial non-reserve assets hit $38.1b in Q2
External financial abilities and assets also stood at $42.96t.
Hong Kong amongst world's rising stars for trade potential: StanChart
The city nearly broke into the world’s top 10.
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Commentary
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