Hong Kong
Hong Kong banks still well capitalised despite poor profit outlook
Hong Kong banks still well capitalised despite poor profit outlook
Total capital ratio came in at 19.4% in September 2016.
Hong Kong government's surplus hit $49.7b
Expenditure was at $38.09b.
RMB deposits down 12.9% to RMB546.7b
Deposits with authorised institutions dipped 0.3%.
Hong Kong's exchange fund assets up $40.1b
Assets now amount to $3.63tr.
Medicine spending in Hong Kong to grow from $9.6b in 2016 to $13.4b by 2021
That is a CAGR of 6.5%.
Cyber security professionals to be in demand this quarter in Hong Kong
Major financial hubs like Hong Kong are common targets of hackers.
Hong Kong is the top city destination in the world
It had 26.7m international visitors in 2015.
Hong Kong's total exports value up 10.1% to $340.3b
But domestic exports dropped 2.9% to $3.6b.
Hong Kong's mortgage loans down 15.7% to $32.5b
As mortgage applications dropped 26%.
Hong Kong stock-hedging costs tumble ahead of Chinese New Year
Cost of puts versus calls is the cheapest among Asian markets.
Bank of East Asia unveils mobile app for personalised banking
It teamed up with IBM for the design.
1 in 2 Hong Kong CIOs eye building more data centres
Others will reshape network infrastructure.
Hong Kong's high-end rental accommodation the priciest in Asia
Rents for an unfurnished three-bedroom apartment for expats average US$10,189 per month.
Tenant decentralisation to be driven by MTR South Island Line opening
The appeal of Hong Kong East as an office location will continue to grow.
Hong Kong's exchange fund gains $61b investment income
Total assets now hit $3.63tr.
Only 13% of Hong Kong's CIOs think their companies are innovative
They're prioritising data infrastructure to boost innovation.
Nine Dragons Paper Holdings expects profit to rise at least 45%
What could be behind the rise?
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