News
Fintech will go mainstream in Hong Kong by 2018: KPMG
Fintech will go mainstream in Hong Kong by 2018: KPMG
The industry is entering a new era of Smart Banking.
Property sales down 11.8% to $66.7b in November
There were a recorded 7,601 sale and purchase agreements last month.
Home sales down 6% to 5,289 sold units in September
However, new residential launches were still warmly received.
HKEX unveils ID model for investors in northbound trading
It plans to identify orders at the client level for market monitoring purposes.
Hotel occupancy rate unchanged at 87% in September
The lack of major events may have been the cause of stabilisation.
Fed rate hikes can cool heated property market
The IMF described Hong Kong’s property market as booming and overvalued.
Residential sales volume may hit 63,000 units in 2018
Most of the new housing supply will be built on New Territories.
9 in 10 CIOs prefer contractual IT employees
Demand for temporary workers with software development skills is strongest.
Retail sales up 3.9% to $37.5b in October
Thanks to the ongoing recovery of inbound tourism.
Residential sales volume down 6% in October
Prices also went down 7.5% MoM.
HKEX opens office in Singapore
It will be its first overseas office.
4 in 5 professionals expect pay hikes in 2018
Workers generally hope for a modest 2-3% increase in pay.
Hong Kong ranks third in prioritising further investment
They also prefer to invest rather than save.
Kowloon office already 70% leased even before April opening
Rents are $85/sqf monthly but early bird tenants received discounts.
Imports up 7.9% to $378.7b in October
However, a $44b trade deficit was also recorded this month.
Hong Kong offices still the priciest in the world
They cost $87.86 per square meter.
6 in 10 professionals admit Mainland China is Hong Kong's strongest competitor
Singapore previously occupied the spot as chief rival.
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