News
Hong Kong's GDP growth to hit 2.5% in 2017
Hong Kong's GDP growth to hit 2.5% in 2017
2017 headline CPI inflation is forecast to reach 1.9%.
Why are Hong Kong banks cautious towards lending to mainland state-owned entities?
27% of SOEs are loss-making.
Hong Kong government's deficit hit $1.4b in February
Expenditure was at $35.7b whilst revenue is at $34.3b.
Approved mortgage loans dropped 2.4% to $27.6b
Whilst the number of applications slipped 0.1%.
Cathay Pacific eyes squeezing in more seats to reverse losses
It recorded a $575m loss last year.
Hong Kong banks team up with Deloitte, HKMA to develop distributed ledger technology proof of concept
Participants include BOCHK, BEA, Hang Seng, HSBC, and StanChart.
Tourist spending restrained in February
December rebound in luxury sales did not persist.
Hong Kong banks' loans to grow at a subdued rate of 3% in 2017
Strong expansion in credit activity is unlikely to be sustained.
How does China's underground bank crackdown impact Hong Kong's remittance services?
Faster outlflows to Hong Kong is expected as clampdown fears escalate.
55% of Hong Kong CFOs say skills shortage is top concern
And 34% say increased demand from stakeholders will also be a challenge.
42% of Hong Kong investors are more confident in local market
This is compared to just 23% in 2016.
Cathay Pacific to offer 14 new destinations following agreement with Lufthansa Group
CX will codeshare on flights operated by Lufthansa, Swiss and Austrian Airlines.
On my own: 77% of Hong Kong employees take responsibility for developing their skills
Only 11% rely on their employer for training.
Here are the key economic concerns that continue to haunt Hong Kong
The territory will still suffer from the mainland's structural problems.
Average wage rate in Hong Kong rises 3.6%
Almost 7 in 10 firms reported average salary rate hikes.
Hong Kong's total goods exports value rose 18.2% to $241.7b
Goods imports increased 25.4% to $298b.
Housing prices in Hong Kong back at record high levels: JLL
How should the new administration tackle the issue?
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