News
Over 20,000 finance workers may ditch jobs in 2018
Over 20,000 finance workers may ditch jobs in 2018
Companies need to improve retention initiatives like regular salary reviews.
Bank of East Asia's half-year profit surges 25.9% to $3.99b
Earnings were boosted by net fee and commission income growth.
Hong Kong urged to develop GBA blockchain and e-invoicing standard
This will enable faster cross-border fund transfers.
Government unveils extensive map and land survey platform
The Hong Kong Map Service 2.0 has digital versions of land survey records.
Has Meituan lured Tencent to its mega US$4b IPO?
The Chinese tech titan is said to be buying US$400m of stock.
Hong Kong unveils first unmanned warehouse at Science Park
RobEx offers express courier and self-service storage.
Exports recover after surging 10% to $359.1b in July
This comes from a mere 3.3% export growth in June.
Currency peg defense pushes aggregate balance down to $91b
The central bank is expected to make purchases that will drain liquidity further.
HKIA passenger traffic soars for sixth straight month at 6.7 million in July
Local resident travel boosted monthly air passenger volumes.
Soaring home prices push millennials to illegally settle in industrial buildings
An estimated 12,000 residents lived in such buildings in 2016.
Crypto mining firms test their sustainability in Hong Kong IPOs
Bitmain, Canaan and Ebang’s flotations will determine the sustainability of their tech.
Hong Kong inks 15 agreements with Shanghai to boost growth
The deals aim to spur cooperation in legal, cultural, tech, education and finance.
Shopping mall supply to hit 13-year high in 2019
There are nearly 2 million sqft in the pipeline.
Over 3,000 students to receive up to $72,800 in educational subsidies
It's part of the Study Subsidy Scheme for Designated Professions/Sectors.
Close Chinese ties raise Hong Kong banks' compliance risk
The SAR already faces medium-high money laundering risk.
Hong Kong Island office decentralisation gains ground in July
Tenants, however, still prefer being as close to the CBD as possible.
Local retail scene thrives on Mainland health scandals
Personal care stores are cashing in on the influx of troubled Mainlanders.
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Commentary
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