News
7 in 10 executives believe Hong Kong is being outpaced by other smart cities
7 in 10 executives believe Hong Kong is being outpaced by other smart cities
They believe that Hong Kong lags behind in fostering a technology and innovation culture.
Exchange Fund smashes records after investment income hits $252b in 2017
Total assets reached $4.02t which represents a $404.8b annual increase.
Poor IT education burdens half of Hong Kong's CIOs
The current IT pool is therefore not well-equipped to meet the demands of the workforce.
Hong Kong investors acquire Chinese bitcoin exchange BTCC
This comes amidst a crackdown on cryptocurrency trading by Chinese authorities.
Only 2 in 10 employers plan to offer substantial pay hikes in 2018
This is equivalent to a salary increase of more than 6%.
State-funded incubator boost startups in creative industries
The Design Incubation Programme supports ventures in fashion, interior design and media amongst other creative fields.
Pending housing supply slumps 33% to 17,000 units under construction in 2017
Analysts, however, believe this is no cause for alarm as staggered housing launches will still be sufficient.
Hong Kong's bourse reform plan seeks to tap on Chinese drug stocks
SEHK is considering opening up the exchange to allow pre-profit biotech companies to list.
Luxury homes beat year-end slump as high-value sales rise 9.4% in Q4
This was equivalent to sales of 3,297 luxury residential worth $10m and more.
HKIA ramps up efforts to maintain lead as world's busiest cargo airport
It is enhancing overall ability to handle temperature sensitive goods like pharmaceuticals.
Total exports up 6% to $360.7b in December
Imports also rose 9% to $420.6b over the same period.
Tencent-backed video sharing startup reportedly planning Hong Kong listing
Kuaisho is currently valued at about US$18b.
Number of GEM stock debuts slashed following small-cap crackdown
New stocks rose 23% on the first trading day, down from 605% for the year through January 2017.
Battered retail sector gains its footing as sales may hit $480b in 2018
The sector is poised for a rebound following a bullish global economic outlook.
How will RMB internationalisation impact Hong Kong's financial industry?
Hong Kong is the largest offshore renminbi market.
7 in 10 Hong Kongers prioritise travel over meals out and beauty treatments
A fourth of the respondents are willing to give up these luxuries to set foot in European cities.
HKEX unveils plans to boost bourse's market infrastructure
The new securities trading system, which will launch in February, can support 60,000 transactions per second.
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