News
Hong Kong beats Tokyo as priciest business trip location in Asia
Hong Kong beats Tokyo as priciest business trip location in Asia
Expenses cost $3,971 per day (US$508).
Forced relocations buoyed industrial transactions in Q1
A local beverage company secured a site in Tuen Mun in light of possible relocation from Yuen Long.
Retail demand recovers in Q1 as brands ramp up leasing activity
Retailers took advantage of affordable rents which are only recovering from a protracted decline.
HR jobs abound as Chinese companies set up shop
Specialised roles in talent acquisition, management and compensation are highly sought after.
Xiaomi reportedly tapped Citic Securities for CDRs amidst mega IPO preparations
The smartphone maker is gunning for $100b valuation in its public debut.
HKMA capital injection fails to buoy local currency
The HKD is still traded at $7.85 against the USD.
Micro flats multiply as residents scramble for affordable housing alternatives
Flats of less than 20 square meters accounted for 4% of private homes completed in 2017.
Higher interest rates loom amidst weakening dollar: FS Chan
Consumers may shoulder higher mortgage repayments soon.
Lucrative digital jobs buoy Hong Kong's employment market in 2018
Professionals switching to digital jobs can expect as much as 25% salary increase.
SFC slaps Instinet Pacific with $17.3m fine
The electronic trading company’s algorithms generated false market orders thrice.
HKIA passenger traffic up 8.5% to 6.39m in March
The Easter travel peak resulted in higher passenger volumes.
HKMA purchased $3.26b in local currency to boost struggling dollar
This comes as the Hong Kong dollar plunged to a thirteen year low.
Hong Kong ramps up efforts to capture GBA's insurance market
A new licensing regime for the regulation of insurance intermediaries is in the works.
WeWork eyes naked Hub acquisition to capture Greater China market
Local media are reportedly valuing the deal at $400m.
Tsing Yi site sold for $867.3m
It was awarded to Wang On Properties subsidiary Newex Limited.
Trading quota between Hong Kong and Mainland expanded fourfold from $13b to $52.54
This will kick into effect on May 1.
Hong Kong dollar plunges to record low at $7.85
This marks the first breach since the range was imposed in 2005.
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