Hong Kong
Wanchai office market continues to outperform Central in September
Wanchai office market continues to outperform Central in September
It led the sector in terms of rental growth for three straight months.
Hackers hit Cathay Pacific as data on 9.4 million passengers breached
Around 860,000 passport numbers and 245,000 identity cards numbers were accessed.
HSBC Hong Kong launches fund transfer service with Lu International partnership
It cuts transfer time from 1-3 days to within the same day.
Citi Hong Kong expands API tech in Octopus tie-up
Users of the Octopus app can easily apply for Citi Octopus Platinum Card.
Chinese biotech firm Innovent Biologics raises $3.3b in IPO
It sold 236.5 million shares at $13.98 apiece.
Hong Kong inks custom pact with Fiji
It aims to boost cooperation in law enforcement and facilitate trade.
Tuen Mun site sold for $83.19m
It has been awarded to Jantix Realty (Hong Kong).
Export growth slows 4.5% to $375b in September amidst typhoon and trade woes
This comes from a 13.1% expansion in August.
Hong Kong jobseekers less likely than Singaporeans to hunt for overseas jobs
They are more content with local employment opportunities.
Hong Kong Business opens nominations for Made in Hong Kong and Designed in Hong Kong Awards 2019
Nominations will close on 11 January 2019.
Hong Kong home price war heats up as developers rush to unload stock
Apartments will be priced more conservatively in response to weakening sentiment.
Developers mull $46b debt raise to fund Yau Tong Bay housing project
It could be the largest mixed-use project in 21 years.
Inflation picks up pace at 2.7% in September
The increase in food prices hit 5.1%.
World's largest sea bridge opens as Chinese ties deepen
The 34-mile bridge was launched after nine years of construction.
TNG FinTech adds Indonesian firm WalletKu to e-wallet arsenal
WalletKu will join around 12 other e-wallets in TNG’s digital payments initiative.
High-end tech occupiers displace traditional warehouse tenants in Q3
These include data centres which have been stepping up leasing activity.
23 building plans approved in August
More than half of the units will be located in the New Territories.
Commentary
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Capital repatriation isn't a retreat — it’s Hong Kong’s regulatory graduation
Hong Kong should build the Asia–Latin America investment corridor