News
Grade A office capital values may drop 10% in 2019
Grade A office capital values may drop 10% in 2019
Central and Kowloon East are forecasted to post the slowest growth.
Hong Kong inches closer to Singapore in digital transformation: study
7 in 10 of the SAR's population have access to superfast internet connectivity.
HKMA cuts down a third of virtual banking applicants
They failed to submit sufficient information on authorisation criteria.
Hong Kong's open banking movement lures interest beyond retail clients
SMEs and corporates also acknowledge the merits of the pivot.
Total port cargo throughput down 13% to 61.7 million tonnes in Q3
Inward port cargo tonnage crashed in US, Japan and Korea.
Cathay Pacific hikes staff wages despite $263m loss in H1
Around 14,600 eligible employees can expect a 3-8% increase in wages.
HSBC installs ‘dementia' specialist staff in Hong Kong
They will assist the elderly with their finances.
Central is still the world's priciest prime office market in Q3
Occupancy costs are at $2,641 (US$338) psf.
Visitor arrivals rose 11.5% to 5.88m in October
Mainland tourists accounted for nearly 80% of monthly arrivals.
PMI down to 47.1 in November as Chinese business suffers deep losses
Exports to China fell at the fastest pace in three years.
Banks make do with falling loan growth as earnings lifeline
Gains from Chinese business will remain muted.
Shanghai dethrones Hong Kong as most expensive city in Asia
Property prices in Hong Kong reached $424,042 psm.
Hang Seng Index continues recovery with 6.8% gain in November
It could seal further muted gains by 2019.
Cancer testing startup Grail shies away from Hong Kong listing as it mulls US pivot
The weak performance of earlier biotech listings may be to blame.
Retail sales reverse September slowdown to hit $39.7b in October
The faster increase in visitor arrivals boosted purchases.
Hang Seng Bank beefs up fintech capabilities in Tencent tie-up
They will develop a remote account-opening solution.
Hong Kong to license first online-only insurer in December
The pioneer will be part of the new fast-track system.
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