Hong Kong
Property sales down 10.9% to $63.5b in May
Property sales down 10.9% to $63.5b in May
Skyrocketing property prices may have finally dampened demand.
Communications Authority makes 5 GHz shared band available for faster Internet
This gives Hong Kong the status of being one of the first to adopt such advanced mobile tech.
Blockbuster IPOs buoy Hong Kong loans 17.1% in April
The city is hosting the back-to-back flotations of Xiaomi and China Tower.
Residents embrace shipping container homes amidst public housing holdup
Hong Kong's housing shortage has bred several creative residential solutions.
Hong Kong inks deal with Germany for cross-border securities regulation
It was signed by the Securities and Futures Commission and Bundesanstalt fur Finanzdienstleistungsaufsicht.
SFC slaps wealth management firm Noah Holdings with $5m fine
The company sold unsuitable investment products as a result of defective risk profiling questionnaires.
SFC slaps Hang Seng Bank's investment arm with $3m fine
The firm failed to comply with cash management guidelines involving SFC funds.
Retail sales up 12.3% to $39.5b in April as tourism strengthens
Tourist arrivals posted double digit growth after rising 11% in April.
Approved mortgage loans down 5.6% to $37.3b in April
However, the number of mortgage applications rose to 14,898.
Morris Cookies wins Made in Hong Kong Awards for Food
The company’s low-temperature baking method prevents harmful chemicals like Acrylamide from rising.
Binatone Electronics International Limited bags Designed in Hong Kong Awards for Electronics
The Halo+ baby monitoring system generates sleep insights to better understand babies' sleeping patterns.
MSENVY bags Designed in Hong Kong Awards for Apparel (Women)
The clothing firm's use of silk in its digitally printed collections continues to appeal to various ages.
BNET-Tech Company Limited bags Designed in Hong Kong Awards for Healthcare
The smart walking cane is simplified to overcome elderly people's aversion to electronic gadgets.
YULU International Limited bags Designed in Hong Kong Awards for Toys and Novelties
Operation: Escape delivers the escape room experience right into people’s living rooms.
Home prices up for 25th straight month in April
Secondary market home prices rose 1.84%.
Hong Kong loses to Singapore in open banking readiness
Lack of clear guidelines from the central bank weighed on the city's competitiveness.
Virtual banks are no longer a thing of the future in Hong Kong
The central bank is aiming to award licenses towards the end of the year.
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