Hong Kong
Posh home rents down 1% in Q2
Posh home rents down 1% in Q2
Hong Kong Island, Kowloon, and New Territories’ rents fell by 1.0%, 0.8%, and 2.5% respectively.
Property sales down 1.5% to $397.5b in H1
The number of deals fell 7.2%.
Budweiser $70.73b IPO could be Hong Kong's largest
It could easily eclipse Uber’s $63.26b listing in New York.
Hong Kong retail sales to dip 5% in 2019: PwC
Consumer experience is key to combat sales slump as tourist arrivals slow.
Mercedes-Benz unveils the CLA250 Coupe
It combines the best of comfort and luxury convenience with enhanced safety features.
AXA launches CritiPartner Plus Critical Illness Plan
It will provide financial support for cancer patients as early as Stage I/II.
Hong Kong exports down 2.4% to $343.1b in April
The total value of exported goods dropped 2.4%.
3 in 4 parents more pressured over finances than older counterparts
Children’s education ranked as their highest financial stressor.
Mainland developers snapped up 3 in 5 government residential site tenders in H1
Only two residential sites with Victoria Harbour views remain for tender on the Kai Tak runway.
Weak passenger revenue and cargo business dim Cathay's growth prospects
Overall yield comes under pressure with the declining travel demand.
Neighbourhood shopping malls flourish in Hong Kong's tight spaces
Investors have pooled $63b into the sector in the past decade.
Academy of Finance launched
It aims to nurture financial leadership and encourage monetary and financial research.
Retail sales down 1.3% to $40b in May
This was blamed on the late arrival of the Labour Day holidays on Mainland.
Hong Kong lenders shrug off virtual banking threat
Account fees, which were waived, represent only a negligible income source.
Hong Kong could raise up to $300b via IPOs in 2019
PwC predicts 200 public offerings in 2019, including 170 on the HKEX’s mainboard.
Over 5,400 flats up for grabs by H1 2019-20
Around 1,350 flats will be available in Kai Tak and Tuen Mun by Q3.
The future of banking is digital – a discussion on the strategy for success
Upgrading legacy mindsets is just as important as bringing legacy systems into the digital age.
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