Hong Kong

Government targets 12,600 public housing flats on Kai Tak by 2026

The former airport area could provide homes for 35,100 residents.

Hong Kong minimum wage to rise 8.7% $37.50 in May

It's the biggest increase since the scheme was introduced in 2011.

Tourist arrivals surge 20.6% to 6 million in November

The month witnessed a recovery in visitor arrivals from non-Chinese markets.

PMI hits 48 in December as demand sinks

Vendor performance has deteriorated for 20 months.

Baby Basics aims to be a one-stop online portal for all your infant essentials

It also unveiled its physical store in Lansing House following a positive online response.

Alphaslot makes a bet on blockchain-powered casino gaming

It is also launching a utility token called SLOT for in-game purchases.

Ztore.com hauls $62m in series B round

Funding proceeds will be used to launch its Ztore App.

The hammer falls on Hong Kong's auction houses

Christie’s Hong Kong 2018 autumn auctions raised $2.75b in late November, an 11.6% fall from the $3.11b raised over its spring 2018 auctions.

Up to 4% salary hike awaits tech workers in 2019

The demand will be driven in large part by fintech, as banks apply for their virtual banking licenses.

Hong Kong banks loan growth rebounds 5.2% in November

Business sentiment recovered mildly as corporates ramped up borrowing.

Chinese production studio mulls Hong Kong IPO

Youhug Media's share sale could raise at least US$100m.

Retail sales slow 1.4% to $39.2b in November

Buying sentiment has soured in response to economic uncertainties.

Hong Kong exports crash 0.8% to $364.3b in November

The headline figure reverses the previous month’s double-digit growth.

Inflation slows to 2.6% in November

The increase in food prices hit 3.5%.