News
Two in five Hong Kongers expect home prices to rise in 2019: poll
Two in five Hong Kongers expect home prices to rise in 2019: poll
But close to 1 in 3 expressed strong interest in buying a property.
Europol Intelligent Network to be dropped from Hang Seng Family of Indexes
The steel logistics firm no longer meets the criteria for inclusion after it was classified as an ST Stock.
Home sales subject to Double Stamp Duty dropped 8% in Q1
The relative drop suggests that the bulk of active buyers were local first-time homebuyers.
Hong Kongers still HK$3.75m short to afford retirement living: study
The median of current individual total assets is only $750,000.
Regulators calls on Chinese banks to review opaque lending rules
It singled out an unnamed Chinese lender that engaged in share pledging.
Hong Kong keeps hiring grip on bankers despite rising costs
Hiring mandates for private equity, property, and venture capital rose 40%.
Hong Kong Airlines slapped with court orders over mismanagement woes
Concerns over the airlines’ financial health are growing.
Unemployment rate remained flat at 2.8% in January-March
The retail, accommodation, and food services sectors saw improved employment situations.
Inflation up 2.1% in March
Consumer prices for food, housing, and alcohol rose and offset declines in utilities.
Luxury projects in Sai Kung and Yau Yat Chuen up for tender
The developments are priced at $480m and $510m, respectively.
No recovery in sight for property market in Q1
Discounts up to 10-20% are slapped on homes as developers feel the squeeze.
Hong Kong retains crown as most expensive location in Asia for business travel
This was based on the region’s high cost of goods and services, and expensive hotel prices.
Industrial property investment ballooned 76% in Q1 2019
1 in 3 deals focused on purchasing old industrial buildings for redevelopment.
Food spending to hit $291.6b by 2023
Its annual growth rate would moderate from 6% to 5.5% by 2023.
Retail sales dipped 1.6% in January-February
Customers chose to spend their dollars abroad than locally.
Hong Kong Business welcomes nominations for the National Business Awards 2019
Deadline for entries is on 12 July 2019.
New office lettings crashed 30% in March
Net take-up fell into negative territory at 95,700 sqft.
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