Hong Kong
Workers rejoice: average wage rate rose 2.1% in December
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.
Prime office rents extend run after rising 5.2% in Q4
Admiralty and Sheung Wan led the charge after rising 11% and 9% respectively.
Homebuyer subsidy not feasible: Financial Secretary
If interest rates rise, lower property prices may only hurt mortgage payers.
Hong Kong-Singapore rivalry gets heated as regulators exchange barbs
SFC decried allegations that Beijing exercises clout over the regulator.
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