Hong Kong

Retail sales value up 0.1% to $35.2b in April

Retail sales value up 0.1% to $35.2b in April

Retail sales held stable amidst the sustained recovery in visitor arrivals.

Property sales drop 16.1% in May

There were 7,536 sale and purchase agreements for all building units.

Two in 3 workers say a pay rise is not enough to make them stay

Two in five employees expect their base salary to increase by up to 5%.

Not fast, not furious: Why government regulations can't keep up with transport innovation

Politicans are not reacting quickly enough to come up with right policies for automated vehicles.

RMB deposits in Hong Kong up 4.1% to RMB528b in April

Overall foreign-currency deposits increased 0.7%.

Approved mortgage loans slip 13.6% to $31.9b in April

The number of mortgage applications decreased 16.5% to 13,027.

Here's proof that Hong Kong made no progress in cooling its property market

Thousands of buyers queue for newly-released developments.

Job losses loom over trucking industry as driverless units start rolling out

What must governments do to brace themselves from the impact?

Developers' ability to provide secondary mortgages to be affected by HKMA's new rules

HKMA lowers the LTV for construction financing to property developers.

What you need to know about HKMA's new guidelines to banks

How will these impact domestic property prices?

Hong Kong tightens stamp duty exemption for permanent residents

Buyers with more than one residential property to be affected.

Hong Kong corporates and banks could be downgraded next

Moody's rationale for the sovereign downgrade could also be applied to them.

Banks raise mortgage rates as HKMA implements new measures

The HKMA raised risk-weighted floor to 25% for new residential loans.

Wharf Group invests HK$7.8 billion to remake iconic HK landmark into a flagship hotel

The Murray is a contemporary urban chic hotel, but it is not just any other hotel.