News
Hong Kong finance professionals keen on seeking greener pastures abroad
Hong Kong finance professionals keen on seeking greener pastures abroad
67% of professionals want career growth, better salary packages, improved overall lifestyle and new work experiences overseas.
Hang Seng Index drops to its lowest since July 2009
It declined 1.5 percent to 17,407.80 amidst fall of Europe-related shares.
Hong Kong M&A amount to a whopping $55.3b in 2011
The country accounts for 12% of the total M&A deal flow in Asia.
Asian banks on firing spree?
With growing job losses in major cities, warning bells of more cuts ring.
Hong Kong takes a bite of Apple
Apple opened its first store in Hong Kong amidst growth of retail sales driven by spending from visiting Mainlanders.
Hong Kong homes most expensive for billionaires
Homes purchased by billionaires in Hong Kong cost $10,360 a square foot, or double the price paid by billionaires in London.
Worst week since 2008 looms for Hong Kong shares
The Hang Seng Index, which closed down 4.9 percent at 17,912.0 points on 22 September 2011, was down 7.9 percent on the week.
Overall consumer prices soar 5.7% in August
Inflation seen to rise further in the coming months due to surges in international food prices and private residential rents.
Second quarter Balance of Payments surplus reaches $19.6bn
Yet visible trade deficit in second quarter soared to $125.6bn.
Hong Kong property prices to anchor inflation expectations
Analyst says negative sentiment has clouded the property market with disappointing land auction results and major banks raising mortgage rates.
Study shows Hong Kong employees seeking pay hike
Yet 93% of employers surveyed plan to maintain or increase headcount next year.
Unemployment down to 3.2% in June-August
Over the same period total employment increased by almost 11,000.
Licensed banks in Hong Kong now up to 151
The Hong Kong Monetary Authority has granted a banking licence to Switzerland’s Banque Privée Edmond de Rothschild SA.
Hello, investors: Nearly 6 in 10 affluent Hong Kongers to invest in Greater China and Southeast Asian funds
It seems like they have a lot to invest, as 63% of Hong Kong's affluent reported a rise in net worth in the last 12 months.
Jobless rate to remain at pre-crisis lows, says analyst
The city awaits to see whether Hong Kong’s unemployment rate improved or worsened from the 3.4% level announced last month.
Wanted: Vacancies up 25% in June 2011
The total number of vacancies was 56,650 amidst a 3.2% rise in total employment in the private sector.
Hong Kong’s GDP up 9.9% to $445.9b in 2Q11
While the country’s GNP increased by 11.1% to $470.2 billion.
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