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Yet approvals for primary market transactions and secondary market transactions grew by $1.2bn and $3.1bn.

Appreciation of the yuan against the Hong Kong dollar was named one of the drivers.

Trade in services, goods and in investment; and protection of intellectual property are covered in Hong Kong’s first free-trade agreement with the European economies.

The Royal Bank of Scotland says there is risk of a financial crisis after an extended period of ultra-loose monetary conditions in Hong Kong.

A consultant went on to say that Hong Kong has not managed its land supply well. This as multinational companies expanding in Asia are said to be turning increasingly to Singapore for their regional bases.

Though a touch lower than expectations for 5.3%, it still sat above market expectations for 5.0%, says HSBC.

Price drop in energy has limited effect on inflation rate as transport makes up for only 8% of Hong Kong's composite CPI basket.

Robust momentum in external trade regained in the first quarter boosted GDP from 6.4% in the previous quarter.

Frankly, we are surprised it’s not more, but guess how much pay rise they want to move to a new job ?

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.