Hong Kong
Media firm set for city's strongest mainboard debut after shares balloon 880%
Media firm set for city's strongest mainboard debut after shares balloon 880%
Most Kwai Chung Ltd. is presently valued at $2.2b.
HKIA passenger traffic up 6% to 5.82m in February amidst CNY break
Travellers from the Mainland and Japan took advantage of the long vacation.
Exports up 1.7% to $245.7b in February
Trade outflows to Malaysia and Philippines buoyed monthly figures.
Workers rejoice: average wage rate rose 2.1% in December
Payroll per person also increased 2.6% in Q4.
Check out which sector dominated Hong Kong's IPO charge in Q1
This sector snapped a third of the city’s public offerings.
Chinese developers slow down property acquisition spree
Local developers bid more aggressively as Chinachem and The Wharf snatched two GLS sites.
23 building plans approved in January
More than half were for apartment developments.
Hong Kong bourse still loses to New York in IPO funds raised in Q1
Total funds raised hit $24.4b which is nearly a quarter of NYSE's overall IPO proceeds.
Tencent-backed food delivery startup seeks Hong Kong IPO
Meituan Dianping is reportedly mulling a valuation of at least $60b.
Small business optimism hits six year high as technology accelerates growth prospects
Almost half (48%) admitted that technological investment boosted company profits.
Hong Kong inks investment deal with UK
The two economies will encourage the development of businesses with technology focus.
F&B sector hit by highest vacancy rates in December
The industry had roughly 12,120 vacancies.
Unemployment flat at 2.9% in December-February
This is equivalent to 3.98m unemployed persons.
Inflation levels extend climb after rising 3.1% in Feburary
The price of basic utilities rose for the second consecutive month.
Hong Kong inks tax deal with India
It aims to avoid double taxation on trade activities.
Residents can now enjoy visa-free access to Antigua & Barbuda
Hong Kongers can visit the country for up to 30 days.
Temp work booms as employers move to slash hiring costs
Six in 10 recruiters are opting for such temporary hiring strategies.
Commentary
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Hong Kong should build the Asia–Latin America investment corridor