Hong Kong
Exchange Fund income plunges 80% to $23.9b in H1 amidst trade worries
Exchange Fund income plunges 80% to $23.9b in H1 amidst trade worries
The fund’s total assets hit $4.1t.
Nearly half of students expect parents to pitch in for home purchases
However, this may still be insufficient to cover skyrocketing home costs.
Private flat supply pegged at 93,000 for the next four years
This is 3,000 less than the previous estimate.
Landing International Development's $1.5b casino project greenlit
It will be built in Entertainment City, Manila.
Investment returns in Hong Kong offices plunge to thirty year low
It’s the only major market where returns are lower than a 10-year US Treasury Bond.
No such thing as home sweet home: Half of residents uninterested in buying property
Nearly 70% believe that home prices will climb in the next year.
Naspers eyes Hong Kong listing for e-commerce arm
It houses assets like OLX.
Trade jitters dampen export growth to 3.3% in June
This comes from 12.9% expansion in May.
Hong Kong Exchange delays WVR plans
The bourse isn't pushing through with a planned stakeholder consultation.
Hong Kong clinics brace for heated Chinese infant vaccine demand
The moves come after a Mainland biotech firm falsified data for its shots.
Trade tensions fail to rattle Hong Kong SMEs in Q3
SME sentiment tracker remained at 49.7.
Fanling site sold for $732.9m
It was awarded to Macro Topper Limited.
SFC slaps HSBC Broking Securities with $9.6m fine
The firm failed to conduct due diligence in a bond sale between 2015 to 2016.
The search is on for Hong Kong's leading technology innovators
Nomination is open until November 9.
Government unveils transport app in Smart Nation push
The app provides real-time traffic news and parking information.
Hong Kong's property market shows signs of cooling down
From a peak of 21.6% in June 2017, home price growth have slowed to 14.7% in May.
Hong Kong's thriving IPO scene threatened as retail investors pull out
Retail-book ratio plunged to a two-year low.
Commentary
In the age of AI, creativity is the decisive advantage
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
Why Hong Kong’s retail product reshuffle may favour large suppliers