Hong Kong
Hong Kong's startup scene takes off amidst strong government support
Hong Kong's startup scene takes off amidst strong government support
AI, biomedicine and fintech are amongst key development areas in its bid to be the next Silicon Valley.
9 in 10 Hong Kongers willing to spend more on renewable energy
Over half of this population are willing to pay the equivalent of a 5% electricity bill hike.
Green Form Subsidised Home Ownership scheme to be regularised
The GSH pilot project in King Tai Court, San Po Kong proved the merits of the scheme.
7 in 10 executives believe Hong Kong is being outpaced by other smart cities
They believe that Hong Kong lags behind in fostering a technology and innovation culture.
Which sector dominated the year-end capital market?
The biggest deal from this sector was valued at $40.3b.
Exchange Fund smashes records after investment income hits $252b in 2017
Total assets reached $4.02t which represents a $404.8b annual increase.
Government warns public against cryptocurrency risks
A public education campaign was jointly launched by the FSTB and IEC.
Poor IT education burdens half of Hong Kong's CIOs
The current IT pool is therefore not well-equipped to meet the demands of the workforce.
Hong Kong investors acquire Chinese bitcoin exchange BTCC
This comes amidst a crackdown on cryptocurrency trading by Chinese authorities.
Agile's property management unit plans $4.7b Hong Kong IPO
Shares of A-Living Services Co Ltd will be priced at $10.80 to $14.20 apiece.
Only 2 in 10 employers plan to offer substantial pay hikes in 2018
This is equivalent to a salary increase of more than 6%.
State-funded incubator boost startups in creative industries
The Design Incubation Programme supports ventures in fashion, interior design and media amongst other creative fields.
Pending housing supply slumps 33% to 17,000 units under construction in 2017
Analysts, however, believe this is no cause for alarm as staggered housing launches will still be sufficient.
Hong Kong's bourse reform plan seeks to tap on Chinese drug stocks
SEHK is considering opening up the exchange to allow pre-profit biotech companies to list.
Luxury homes beat year-end slump as high-value sales rise 9.4% in Q4
This was equivalent to sales of 3,297 luxury residential worth $10m and more.
Total exports up 6% to $360.7b in December
Imports also rose 9% to $420.6b over the same period.
Tencent-backed video sharing startup reportedly planning Hong Kong listing
Kuaisho is currently valued at about US$18b.
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