News
California embraces Hong Kong market as trade war squeezes export options
California embraces Hong Kong market as trade war squeezes export options
US cherries sold in the SAR in August were around 10% cheaper than last summer.
Peg defense boosts interbank borrowing costs to two-month peak
The HIBOR for a one-month interest period hit 1.38%.
Goldman-backed heart valve startup eyes Hong Kong IPO
Venus MedTech is said to be aiming to raise up to US$500m.
Residents expect to fall short of $5m life savings target
They expect they can set aside only $3.15m after retirement.
Beijing pitches in for Hong Kong's IT sector upgrade
Two state-backed laboratories will be built in the SAR’s science park.
Central bank buys $2.355b to defend weakening currency peg
The HKD fell as the greenback gained strength after Turkey’s market turmoil.
Only a third of startups embrace accelerators
Firms may be failing to exhaust all available support options.
Coworking operator UCommune eyes Hong Kong IPO to outbid US rival
It’s also planning to raise around US$200m in its series D round.
Hong Kong mid-year population up 0.8% to 7.45 million
Birth numbers (55,000) outweighed mortality rates (47,300).
Hong Kong is more liveable than Singapore
The SAR is at 35th place whilst the Lion City is at 37th.
Hong Kong is the fifth most preferred place for Australian expats
There are around 35,000 Australian expats in the SAR.
Waiting time for public housing hits 18-year high
It takes residents five years and three months to be allocated a flat.
Tight squeeze: Demand for nano flats doubles in first eight months of 2018
Units no larger than 300 sqft compose 12.4% total apartment sales in the city.
Developers deploy discounts to offset mortgage rate hikes
Sun Hung Kai Properties rolled out 16% on its Park Yoho property.
Life annuity scheme subscription hits $4.94b out of $10b limit
Average subscription amount was at $525,000.
GDP growth slows to 3.5% in Q2 as trade war eats into exports
Around $136b of total exports stand at risk.
Two more Chinese firms jump in on biotech listing fever
Kintor and Frontier are amongst those eyeing floats.
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