Hong Kong
How will the transfer pricing bill impact business operations?
How will the transfer pricing bill impact business operations?
Inland Revenue Amendment Bill No.6 imposes additional requirements for domestic transactions.
Mega industrial transactions hit $8.02b in Q4
Investors are pitching in as the government eyes an industrial revitalisation scheme.
HKEX approves plan to include equity index options in after-hours derivatives trading
Over 96% of exchange participants who trade their equity index futures after-hours do it between 11:45pm to 1 am.
Half of jobseekers will ditch drawn-out applications
Frustrated Hong Kongers would not recommend these firms to peers.
Hong Kong rushes $500m scheme to attract foreign tech talent
Attracting the top tech talent is key as Hong Kong rolls out its smart city vision.
More expats want posh homes in Q4
This pushed rents up, with Mid-levels rising the fastest at 0.6%.
Mainland investors are jumping ship as Hong Kong stock losses grow
Investors sold $1.08m (869m yuan) in equities via the Shanghai and Shenzen exchange links on Wednesday.
Property loan pipeline surges to $84.43b in Q4 as developers defy cooling measures
This comes even as the HKMA tightened lending to developers last June.
Apple supplier AMS eyes secondary listing in Hong Kong
The Swiss-listed chipmaker saw its profits balloon after it supplied the optical sensors for Apple’s iPhone X.
Government mulls development options for Fanling golf course
The partial development option can provide 4,600 flats whilst the full option can triple the number at 13,200 units.
HKMA encourages virtual banks as part of Smart Banking transition
The de facto central bank believes they promote fintech and financial inclusion.
Private consumption growth expected to weaken to 3.5% amidst inflation pickup
This will likely result in limited purchasing power for Hong Kong consumers.
Omnichannel may just be Hong Kong retail's saving grace
Retailers should tap into this goldmine as the consumer preference of Hong Kongers increasingly turns digital.
Hong Kong slowly losing patronage of Chinese wealthy to Singapore amidst tighter Mainland scrutiny
The number of Chinese HNWI who cited Hong Kong as the preferred overseas investment destination dipped to 53%.
Hong Kong loses to Singapore as top Asian location for MNC headquarters
Therefore, KPMG believes that a tax incentive for funds and RHQ should be introduced.
2 in 5 banks likely to pursue JVs to boost digitisation efforts
This will result in greater industry collaboration between banks and e-commerce players.
Introducing group tax loss relief will boost Hong Kong's international competitiveness: KPMG
The policy would put Hong Kong at par with major financial centres like Singapore and US.
Read Here
Advertise
Sign Up
Commentary
Strategic location tips for playgroups and education centres