Hong Kong
Hong Kong launches Faster Payment System in Smart Banking push
Hong Kong launches Faster Payment System in Smart Banking push
Consumers will soon be able to transfer funds instantly and without cost.
Manufacturing industrial production index up 1.6% in Q2
Food, beverages and tobacco output volume led the quarterly growth.
Hong Kong cedes crown to Malta in global home price gains in Q2
Home prices in Malta surged 16.9% versus the SAR's 15.9%.
Hong Kong unveils mutual automated immigration clearance with Thailand
The move slashes processing time to 20 seconds per person.
Chinese real property investment management firm zeroes in on thriving co-working market
Kailong is mulling the addition of co-working elements for its eight Hong Kong properties.
Young buyers snap up discounted units at Tseung Kwan O property sale
About 95% of the 488 units on offer were sold for $4.28b.
Hong Kong joins Australia and Canada as world's riskiest housing markets
Household debt accounts for nearly half of the SAR’s GDP.
Tighter oversight pushes Chinese life insurers premiums down 24% in H1
Sales of short-term savings product were hit.
Meituan Dianping raises US$4.2b in IPO priced at high end
The Chinese food review firm sold 480.27 million shares at $69 apiece.
Wealthtech firms poised to snap up to 10% of wealth manager assets
Robo-advisors are steadily luring the tech-savvy mass affluent.
Hong Kong is the world's third most attractive financial center as Asia outperforms weakening Europe
The SAR is set to pounce on London who’s been losing luster due to Brexit.
Housing correction of 15% possible in 2019
The world’s most expensive property market is finally slowing down.
Bank of East Asia steps up tech partnerships to capture Mainland market
The bank has already tied up with four tech companies.
Hang Seng Bank enhances capabilities of AI-powered chatbot
‘HARO’ can now help customers manage their personal finances.
Sport-related spending in 2017 outpaces that of US Open after hitting $2.1b
Over 700,000 in sporting tickets were sold last year.
Developers sweeten property packages in bid to dispose stock
One developer has included a high-speed rail holiday in its apartment package.
China's ultra rich set to boost Hong Kong wealth assets by 50% in 2023
HNWIs from the Mainland are edging out AuM from other APAC markets.
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