Hong Kong
Hong Kong issues alert on bogus banking apps
These apps are under the guise of Wing Lung Bank.
Hong Kong's stamp duties fail to curb surge in property prices
Prices have edged 0.5% higher.
Hong Kong earmarks 35 hectares of land for logistics, storage industry development
These will be in the Northern Economic Belt.
Drop in visitor arrivals narrowed to just 2.1%
But retail sales still dipped by 5%.
Home sales slumped 47.3% to 3,550
Hang Lung Properties sold its 5 batches.
Hong Kong's Grade A office market "relatively subdued" in December
Activity was underpinned by relocations.
Hong Kong's property cooling measures "can be considered a failure": JLL
Home prices are now up 120% since 2008.
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%.
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