News
Hong Kong mulls remote bank account opening in the Mainland
Hong Kong mulls remote bank account opening in the Mainland
Facial recognition technology and biometric methods may be used.
Here's why tech tenants are ditching Hong Kong for Bangalore and Singapore
They account for under 6% of Grade A office space in H1, one of Asia’s lowest.
Rattled consumers beef up savings amidst growing uncertainties
The number of residents pledging to save spare cash rose from 68% to 72% in Q2.
Hong Kong's spiralling home prices to crash as buyer demand takes hit
Sentiment has soured especially in Kowloon and Hong Kong Island.
HKD posts largest growth in 15 years as liquidity tightens
The local currency climbed by as much as 0.63% to $7.793 against the USD.
Credit card transactions up 15.4% to $137.3b in Q2
The number of credit cards in circulation hit 20.06 million.
Hong Kong doubles down to capture the green finance opportunity
Around 15 green bonds with an aggregate size of US$8b were issued in H1.
HKIA passenger traffic soars for seventh straight month in August
Passenger volume rose 5.2% to 6.8 million visitors.
HKEX eyes tech acquisitions in growth strategy shift mimicking Nasdaq
Takeovers in data, analytics and blockchain rank high in the agenda.
Inflation slips to 2.3% in August
The increase in food prices hit 4.5%.
Hong Kong hit by growing private sector vacancies
Vacancy levels surged 14% to 79,200 in June.
Hong Kong loses to Singapore in ease of corporate compliance
The SAR ranks seventh in APAC whilst the Lion City is second.
Government expands insurance benefits for struggling exporters squeezed by trade war
Premium discount on Small Business Policy holders will be hiked from 20% to 30%.
Young at heart: Flexi work appeals to millennials and baby boomers alike
Those born pre-1964 appreciate the productivity benefits of non-conventional work.
Hot pot chain Haidilao defies market slump after raising nearly US$1b in IPO
The firm sold around 8% of equity capital at $17.80 per share.
Unemployment rate remains flat at 2.8% in June-August
This translates to around 117,400 unemployed Hong Kongers.
Trade jitters and bearish equities weigh heavily on Hong Kong's 2019 GDP growth forecast
The economy is poised to grind to a halt at 3% in 2019 from 4.7% in Q1.
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