Hong Kong

HKEX scraps $285.86b bid for London bourse

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.

TNG opens hub to nurture Hong Kong's fintech talent

Located at the heart of Hong Kong Island, the 25,800 sqft space aims to serve the thriving fintech community.

The changing role of the in-house legal team in Hong Kong

Today, most big businesses in Hong Kong will have some form of in-house legal function. In an environment where regulation and legislation are constantly changing and more companies are operating on a pan-Asian basis, it is essential.

Inflation hits 3.5% in August

Food prices soared 14.2% in August.