News
Beyond Ventures, Alibaba inject $312.31m in genetics firm
Beyond Ventures, Alibaba inject $312.31m in genetics firm
Prenetics is raising money to use on digital health infrastructure.
Hong Kong's goods exports up 5.4%
Volume of goods re-exports edged up 5.6%.
More active workforce relaxes labour market
But their talents are being strained by changing business models.
Investors disappointed with murky 'Starter Homes' programme
The government wants to offer 1,000 starter-home units through a private-public partnership.
Hong Kong slashes tax on businesses' first $2m profit
R&D firms can have as much as a 300% tax deduction.
Central office rents up 0.2% in August
It was led by a 0.5% m-o-m growth in Grade A2 office rents.
Hong Kong to roll out investor IDs by mid-2018
It will allow regulators to see who's trading listed stocks.
Luxury homes to account for only 2.2% of units to be completed until 2021
Capital appreciation potential will be higher for luxury flats.
KaiLong buys three Sheung Wan en bloc buildings
They were purchased at HK$1b.
Seven in 10 Hong Kongers lose money on bad investments
Only 9% read important financial documents during research.
Hong Kong is the sixth most competitive city globally
But it is struggling from competition with other Chinese cities.
400,000 passengers departed Hong Kong in Mid-Autumn Festival
Over 320,000 have arrived.
Property sales dropped 20.7% to 7,540 deals
Total consideration was $56.6b.
Retail sales value up 2.7% to $34.8b
Volumte of total retail sales inched up by 3.2%.
Hong Kong's deficit hit $15.7b in August
Expenditure, on the other hand, hit $36.87b.
Approved mortgage loans fall 10.8% to $30.1b
Loans for refinancing dropped 8.1%.
RMB deposits dipped 0.4% to RMB532.8b
Overall foreign-currency deposits inched up 0.3%.
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Commentary
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