Hong Kong
Here's what insulates Hong Kong's property market from rate hikes
Here's what insulates Hong Kong's property market from rate hikes
Unless there’s a large market crisis, the market is well-shielded from rising interest rates.
Tung Chung reclamation and advance works contract signed for $12.08b
The project will provide 49,000 residential flats and 870,000 sqm of commercial floor space.
Monetary Authority to develop faster payment system
It aims to provide banks with a system to provide real-time credit transfer.
Lands Department issued 37 residential pre-sale consents in 2017
This involves the building of 16,408 residential units last year.
Housing market starts to cool: Credit Suisse
Home prices are projected to rise 3% in 2018 compared to 13% in 2017.
Temp work to boom in project management and finance sector
Contractual business analysts and PMO specialists are projected to be in high demand.
Which sector dominated the IPO market in 2017?
A company from this sector raised a whopping $17.2b last year.
Housing Authority sets rent for 6 public rental housing estates
More than 77% of the flats will rent for less than $2.500 monthly.
Property deals up 14.8% in 2017
The total deal consideration was $726.42b.
Investors still flock to Hong Kong's IPO market despite lacklustre year
Bloomberg reports that the recent IPO of Chinese eye-clinic drew the highest retail participation in 11 years.
HKQAA launches Green Finance Certification Scheme
It aims to support environmentally-friendly investments.
Number of registered local companies hits 1.38m in 2017
A total 160,229 local companies were newly registered last year.
Farmland conversion proposal may benefit major homebuilders
Developers must act quick to snap up deals to stay ahead.
Total retail sales up 7.5% to $38.7b in November
Medicine and cosmetics rose 12.5%.
BLOOM co-working space is a garden of creativity and productivity
Check out this swanky co-working space in the heart of Hong Kong’s business district.
Hong Kong poised to top global IPO market in 2018
It is expected to raise as much as $250b this year.
No chill: Property prices will go up and up
Only 1 in 10 or 11.5% of total households will be able to afford an average private housing by 2019.
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