Hong Kong
HKIA passenger traffic up 8.5% to 6.39m in March
HKIA passenger traffic up 8.5% to 6.39m in March
The Easter travel peak resulted in higher passenger volumes.
HKMA purchased $3.26b in local currency to boost struggling dollar
This comes as the Hong Kong dollar plunged to a thirteen year low.
Hong Kong ramps up efforts to capture GBA's insurance market
A new licensing regime for the regulation of insurance intermediaries is in the works.
WeWork eyes naked Hub acquisition to capture Greater China market
Local media are reportedly valuing the deal at $400m.
Tsing Yi site sold for $867.3m
It was awarded to Wang On Properties subsidiary Newex Limited.
Trading quota between Hong Kong and Mainland expanded fourfold from $13b to $52.54
This will kick into effect on May 1.
Hong Kong dollar plunges to record low at $7.85
This marks the first breach since the range was imposed in 2005.
Hong Kong to link central bank system with Japan for faster cross-border transactions
These will streamline transactions of Japanese government bonds and Hong Kong dollars.
PMI falls to 50.6 in March amidst slowing factory output
This was the weakest showing in five months.
Hong Kong signs customs deal with Korea
It enables Mainland cargoes shipped through Hong Kong eligible for preferential tariffs.
Chinese TMT companies zero in on Hong Kong for public debuts
Their combined IPO proceeds accounted for more than half of total proceeds at $32.11b.
US-China trade war could hammer export-dependent Hong Kong hard
Merchandise trade accounted for 157.4% of 2017 GDP.
Hong Kong soars to the top of air cargo hub rankings
It has handled over 5m metric tonnes in 2017.
Hong Kong beats Singapore as APAC's easiest city for financial compliance
It remains one of the easiest locations to do business globally.
Office net absorption hits 160,900 sq ft in February
Hong Kong East is emerging as a preferred destination with rents rising the fastest at 0.5%.
Employees call for more government upskilling incentives
These could take the form of tax rebates or subsidies.
Property sales down 15.6% in March
Total consideration for sales and purchase agreements fell to $50.5b.
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