Hong Kong
Hong Kongers too optimistic on investment returns
Hong Kongers too optimistic on investment returns
They expect to make an average annual return of 9%.
Prospects of first rate hike in 11 years loom for Hong Kong
Bloomberg says rising interbank rates are paving the way for prime rate hikes.
Mainland China, Hong Kong startups clinch 41% of global 'proptech' investments
The combined funding value hit $3.03b across 34 deals so far.
Foreign currency reserves down to US$419.2b in October
Assets slipped slightly from US$419.3b in September.
Hong Kong buyers are now the biggest spenders in London's property market
Real estate investment grows to US$3.1b in Q3.
Investment in Hong Kong commercial real estate up 27% to US$3.1b in Q3
Year-to-date investment is already 9% higher than in 2016.
China Evergrande to raise $12.34b from selling equity stake
Investors will acquire a 14.11% stake in Hengda Real Estate.
Property sector to show moderate growth over the next 12-18 months
Thanks to stable residential sales and commercial rents.
Hong Kong bags largest hotel deals in Asia Pacific in Q3
11 deals worth US$1.5b have been made so far.
Why some Hong Kong employers ditch flexible work policies
33% of employers worry that employees don't work hard as much.
This is Hong Kongers' favorite credit card reward
73% said they prefer rebates due to convenience and value.
57% of Hong Kong trust sector grew assets in three years
But firms are growing more worried about compliance costs.
Hong Kong's consumer prices up 1.4%
Price hikes were seen in take-out meals, transport, and alcohol.
Beyond Ventures, Alibaba inject $312.31m in genetics firm
Prenetics is raising money to use on digital health infrastructure.
Financial services firms struggle to keep up with digitisation
52% say their finance teams can't easily adapt to newly implemented technologies.
Hong Kong's goods exports up 5.4%
Volume of goods re-exports edged up 5.6%.
Hong Kong slashes tax on businesses' first $2m profit
R&D firms can have as much as a 300% tax deduction.
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