News
Hong Kong's CNY tourists edged up 4.8%
Hong Kong's CNY tourists edged up 4.8%
It's a "pretty strong trend" according to Secretary Gregory So.
Property sales down 25% to 5,220 units
Overall sales dropped to $39.5b.
Hong Kong shares fall as market reopens to US policy concerns
Hang Seng index dropped 0.2%.
Hong Kong's stamp duties fail to curb surge in property prices
Prices have edged 0.5% higher.
Hong Kong earmarks 35 hectares of land for logistics, storage industry development
These will be in the Northern Economic Belt.
Drop in visitor arrivals narrowed to just 2.1%
But retail sales still dipped by 5%.
Home sales slumped 47.3% to 3,550
Hang Lung Properties sold its 5 batches.
Hong Kong's property cooling measures "can be considered a failure": JLL
Home prices are now up 120% since 2008.
Mainland firms expand property footprint in Hong Kong
They make up 29% of land sold in the past year.
Hong Kong's MTR eyes bid for Sydney contract
It will participate in the $2.58b bid for operating the Southwest link.
Hong Kong banks still well capitalised despite poor profit outlook
Total capital ratio came in at 19.4% in September 2016.
Hong Kong government's surplus hit $49.7b
Expenditure was at $38.09b.
RMB deposits down 12.9% to RMB546.7b
Deposits with authorised institutions dipped 0.3%.
Hong Kong's exchange fund assets up $40.1b
Assets now amount to $3.63tr.
Private housing construction reaches 16-year high
Developers started building 25,500 private apartments in 2016.
Hong Kong Yuan deposits post biggest monthly drop in December
Savings in the said currency fell 12.9%.
Medicine spending in Hong Kong to grow from $9.6b in 2016 to $13.4b by 2021
That is a CAGR of 6.5%.
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