Hong Kong
Construction output dips 1.1% to $60.3b in Q3 as residential projects slow
Construction output dips 1.1% to $60.3b in Q3 as residential projects slow
Building works for residential projects dropped 6.5% to $15.2b.
Investment product sales surged 34% to $508b in 2017
The double-digit growth came as Mainland firms beefed up their wealth businesses.
SFC slaps $1.5m fine on SFM HK Management over short selling violations
The fund became short of over a million shares in Great Wall Motor Company in 2015.
Hong Kong looks set to reclaim IPO crown with nearly US$300b haul in January-November
Proceeds from New York IPOs only hit US$205b as it settles for a tentative second place.
William Shum of Memorigin Watch Company Limited bags Executive of the Year-Luxury Retail at the Hong Kong Business Management Excellence Awards 2018
Under Shum, the company collaborated with Disney for Avengers-themed watches.
Half of Hong Kong companies lost new recruits amidst poor onboarding
A third of firms had employees resign in their first month.
Grade A office capital values may drop 10% in 2019
Central and Kowloon East are forecasted to post the slowest growth.
Emperor International sells Inn Hotel Hong Kong at $1.1b
The proceeds will be used for the firm's business development.
Hong Kong inches closer to Singapore in digital transformation: study
7 in 10 of the SAR's population have access to superfast internet connectivity.
HKMA cuts down a third of virtual banking applicants
They failed to submit sufficient information on authorisation criteria.
Hong Kong's open banking movement lures interest beyond retail clients
SMEs and corporates also acknowledge the merits of the pivot.
Total port cargo throughput down 13% to 61.7 million tonnes in Q3
Inward port cargo tonnage crashed in US, Japan and Korea.
Cathay Pacific hikes staff wages despite $263m loss in H1
Around 14,600 eligible employees can expect a 3-8% increase in wages.
HSBC installs ‘dementia' specialist staff in Hong Kong
They will assist the elderly with their finances.
Central is still the world's priciest prime office market in Q3
Occupancy costs are at $2,641 (US$338) psf.
Visitor arrivals rose 11.5% to 5.88m in October
Mainland tourists accounted for nearly 80% of monthly arrivals.
PMI down to 47.1 in November as Chinese business suffers deep losses
Exports to China fell at the fastest pace in three years.
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