News
New auto sales growth to slow down to 4.3% to 41,000 units
New auto sales growth to slow down to 4.3% to 41,000 units
Rising borrowing costs is pushing the brakes on passenger car sales.
Residential projects dominate construction works in 2017
The gross value of home projects rose 1.4% in nominal terms to $66.1b.
Secondary home prices extend steep climb after rising 15.4% in January
Market prices increased for the 15th consecutive month but a slowdown may be looming.
Housing market defies cooling measures amidst aggressive market takeup
Wheelock & Co. sold all 750 apartments amidst a slew of 9,800 applications.
Smart card Octopus' dominance dampens Hong Kong's mobile payments growth
Smaller e-payments players are finding it hard to gain traction against the ubiquitous card.
Hua Medicine targets IPO amidst wider market access for biotech firms
The deal for the Shanghai-based diabetes drug developer could raise as much $300m.
Public healthcare system thrives amidst staggering surplus
Recurrent expenditure on healthcare grew by an average of 7% over the past decade.
Chinese fashion retailer GXG mulls $300m Hong Kong IPO
The brand is backed by Louis Vuitton’s private equity firm L Catterton Asia.
Lady boss: Hong Kong trails developed countries in female c-level representation
The number of women on HSI boards rose to 13.8% but Canada and US boards are over 20% female.
Nearly half of women bemoan insufficient gender diversity work policies
They believe greater transparency can help address this.
Dollar depreciation may trigger slowdown in housing market
The ratio of HIBOR-linked new mortgage loans on floating rates has dipped to 86.2% in January.
Hong Kong is home to seven in 50 of Asia's multi-millionaires
There are 5,140 individuals in Hong Kong and China worth over US$50m.
Hong Kong emerges as top contender for world's potentially largest IPO
A New York or a London listing is unlikely as Riyadh eyes closer Asian ties.
HKC files protest over 23.6% steel and aluminum tariff hike
It fears that a hefty tariff might prompt a trade war later on.
HKMA may offer extra Exchange Fund Bills to halt dollar decline
The currency plummeted to a thirty-year low at $7.83 level on Tuesday.
Singapore hires more expats than Hong Kong
Almost a fifth of expats are employed in the lion city compared to 14% in Hong Kong.
Government mulls developing underperforming Tuen Mun terminal into housing estate
The 65-hectare site could provide some 20,000 homes.
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