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This, as passenger market grows by 6.7% from 45 million international in 2009 to 62.2 million in 2014.

Private residential rents are averaging HK$19.6/sqft, the highest since the HK$20.4/sqft peak in 1997.

Yet cargo load down 12.9% to 138,095 tonnes behind the weakness on Japan, Shanghai and Middle Eastern routes .

$125.1bn of Q1 total exports to China were for outward processing, up 18% over last year.

An Ernst & Young report reveals a strong balance sheet and diversified business operations will help Chinese banks meet the new regulatory standards.

This, as employment still managed to increase by 15k to over 3.6mn.

The labour force grew by 17,800 to almost 4 million in March-May.

This as domestic exports saw an 8.3% decline.

The carrier has already has its app even before BlackBerry PlayBook’s release in Hong Kong from early July.

Many corporations are feeling the effects of high rents as it increases the expatriates’ cost of living, which weakens Hong Kong’s competitiveness.

Chief Executive Donald Tsang is encouraging Victorian companies to establish take advantage of Hong Kong's position as the premier gateway to China.

This as leading indicators are said to be turning down again.

Accelerating cost pressures are said to be driven by HKD weakness, rising Chinese inflation, continued asset reflation, and domestic credit expansion.

The government proposes increase the monthly minimum income level to $6,500 from November and the maximum level to $25,000 from June next year.

Hong Kong shares closed flat after China's central bank raised the amount banks must keep in reserve.

Hong Kong's Exchange Fund foreign assets amounted to 2.12 trillion HK dollars or about US$272 billion in May, up 6.8 billion HK dollars from the previous month.