Hong Kong
Foreign currency reserves down to US$419.2b in October
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.
Patek Philippe presents patek.com in a totally new format
Site adaptable to all devices.
Central office rents up 0.2% in August
It was led by a 0.5% m-o-m growth in Grade A2 office rents.
Luxury homes to account for only 2.2% of units to be completed until 2021
Capital appreciation potential will be higher for luxury flats.
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