News
Hong Kong's retail sales value up 0.1% to $33.7b
Sales of jewellery and valuable gifts inched up 0.8%.
Hong Kong gender pay gap widens to 22.2%
It topped Singapore's pay gap by 10ppt.
Investments in en-bloc residential buildings hit $4b
Mainland developers are gaining interest in such projects.
Home buyers face skyrocketing management fees
Labour costs account up to 40% of these fees.
Banks' problem loan ratio to remain stable over the next 18 months
The banks' asset quality is expected to be resilient.
Hong Kong's RMB deposits up 0.2%
Overall foreign-currency deposits inched up 0.4%.
Government surplus hit $40.1b in June
Expenditure reached $40.6b during the month.
Mortgage loans up 5.6% to $44b
Primary market transactions rose 19.2%.
These factors are weighing on Hong Kong banks' credit profiles
Rising private sector debt is one key risk.
Hong Kong recruits more part-time doctors amidst manpower shortage
Over 300 doctors are now part-timers at public hospitals.
Exchange Fund gains $126.5b in 1H17
Total assets now stand at $3.9t.
Hong Kong's total exports up 11.1%
Whilts goods imports rose 10.4%.
Hong Kong's airport dominance under threat by upcoming hubs
A US$12.9b airport in Beijing is due to open in 2019.
64% of MNCs mull over using co-working spaces
Potential cost savings pushed them to rethink their working spaces.
Hong Kong Business Awards 2017 honours 26 outstanding firms
Almost 100 executives attended the awarding ceremony on 25 July.
Residential supply to rise 94% in the next three years
21,000 units will be released annually.
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Commentary
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