Hong Kong
O&G firm United Energy moves to buy Kuwait Energy for US$651m
O&G firm United Energy moves to buy Kuwait Energy for US$651m
The Hong Kong-listed company plans to enter the Middle East and North Africa markets.
Here's why tech tenants are ditching Hong Kong for Bangalore and Singapore
They account for under 6% of Grade A office space in H1, one of Asia’s lowest.
Rattled consumers beef up savings amidst growing uncertainties
The number of residents pledging to save spare cash rose from 68% to 72% in Q2.
Hong Kong's spiralling home prices to crash as buyer demand takes hit
Sentiment has soured especially in Kowloon and Hong Kong Island.
Bullet train makes speedy debut in Hong Kong
The US$11b rail project connects Hong Kong to the Mainland in less than 20 minutes.
Metal producer Shandong Gold raises $4.82b in IPO priced at low end
The firm sold 327.7 million shares priced at $14.70 apiece.
HKD posts largest growth in 15 years as liquidity tightens
The local currency climbed by as much as 0.63% to $7.793 against the USD.
Credit card transactions up 15.4% to $137.3b in Q2
The number of credit cards in circulation hit 20.06 million.
Hong Kong doubles down to capture the green finance opportunity
Around 15 green bonds with an aggregate size of US$8b were issued in H1.
HKIA passenger traffic soars for seventh straight month in August
Passenger volume rose 5.2% to 6.8 million visitors.
HKEX eyes tech acquisitions in growth strategy shift mimicking Nasdaq
Takeovers in data, analytics and blockchain rank high in the agenda.
Residential sites in Lantau and Kai Tak up for sale via tender
The tender invitation will open on September 28.
Inflation slips to 2.3% in August
The increase in food prices hit 4.5%.
Customs Department inks deal with six container terminal operators
The MoU aims to set arrangements for sea cargo customs clearance.
Hong Kong signs IT pact with the Mainland
The ministry also announced that unicorn startup SenseTime will set up an AI-powered platform.
Hong Kong hit by growing private sector vacancies
Vacancy levels surged 14% to 79,200 in June.
21 building plans approved in July
More than half were for apartment developments.
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