Hong Kong
FinTech loan platform WeLab raises US$220 million in funding from Alibaba, IFC
FinTech loan platform WeLab raises US$220 million in funding from Alibaba, IFC
They are looking to extend services beyond the Greater China region.
PICK-UP eyes new mobile app features, expanded coverage and e-commerce platform integration
It promises a delivery speed of four hours.
Private development projects to provide 15,600 flats
It’s exponentially higher than the annual average of 4,200 flats in the past decade.
Public housing supply still short of ten-year target by 43,000 units
The target for public housing supply is set at 280,000 units and subsidised-sale flats.
Battered retail sector may recover in 2018 but outlook remains negative: Fitch
Tourist arrivals are recovering after a two-year decline.
Hong Kong inks deal with Shenzen to establish joint marine emissions office
It will provide a unified platform to control air pollution and improve air quality.
Hong Kong's largest accounting firms in 2017
There is a huge demand for trust-related services due to looming data risks.
Hong Kong IPO proceeds fall 34% due to lack of mega listings
However, it snagged third spot globally in total funds raised with an expected $128.2b.
MoneyHero.com.hk raises US$50M in series B round led by IFC, Alibaba Entrepreneurs Fund, Goldman Sachs
The fund will be used to develop its proprietary technology and further expand its team.
Residential prices may increase 5-8% in 2018
Housing supply will remain limited, driving upward pressure on prices.
Check out which industry hired the most people in September
A total of 13,700 people got a job in this sector.
Total goods exports up 4.4% in October
Thanks to an increase in both re-exports and domestic exports.
Hong Kong GDP may grow 2.8% in 2018
The domestic market continues to benefit from the global economic expansion.
Luxury home prices to rise 7% amidst strong Mainland China demand
Hong Kong is expected to post the largest price growth amongst major Asian urban markets.
Hong Kong exports to grow 6% next year: HKTDC
Prospects remain positive for semi-conductors and related components.
Community malls fare better than luxury counterparts amidst retail slump
Base rents for second tier malls rose compared to a decline in tier-one retailers.
HKIA passenger traffic up 10% to 5.94m in November
Traffic to and from Mainland China and Japan grew significantly.
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