News
Home prices to rise by 15% amidst shortages
Home prices to rise by 15% amidst shortages
City’s growing job market and increasing wealth help drive real estate demand while supply rises slowly.
Wynn Macau posts $714.4 million net revenues in the second quarter
Compared to only $410.4 million in the second quarter of 2009, Wynn Macau's net revenues jumped with the opening of Encore driving growth in the VIP segment.
Commissioner Woo urges Octopus to improve privacy protection
The company should not collect and disclose excessive personal data, said Privacy Commissioner for Personal Data Roderick Woo.
Tolls at Western Harbour Crossing rise
Western Harbour Tunnel Company Limited is adjusting the level of its tolls as it faces increased operating costs and needs to raise sufficient cash flow to repay debts.
ASM Pacific to snap Siemens AG's assembly systems business
ASM, a semiconductor assembly and packaging equipment supplier, aims to explore opportunities in the SMT equipment business.
Exports and imports soar to 26.7% and 31% in June
But government said the level of uncertainty in the external trading environment remains high due to the measures implemented by some European economies.
Lot at The Peak sells for $10.4 billion
Market Prospect Limited buys the site area of about 23, 312 square metres designated for private residential purposes.
Hong Kong to boost tourism ties with Macau
Both cities agree to promote multi-destination itineraries and meetings, incentives, conventions and exhibitions to boost tourism development.
2010 visitors reach record high
Visitor arrivals in the first half of the year reached 16.86 million, about 23.1% higher than the number of visitors in the same period in 2009.
Mt. Nicholson Road site may be sold for HK$10.5 billion
The building site in the Peak district may be auctioned off by the government for approximately HK$10.5 billion ($1.35 billion) amidst demand for high-end properties in Hong Kong.
Dragonair resumes direct flight to Fukuoka
Japan's popularity to tourists prompted airline to operate direct non-stop service between Hong Kong and Fukuoka.
Hong Kong developers to capitalise on Guangdong redevelopment
China province’s real estate investment surged 32.2% to HK$131.36bln amid the hosting of Asian Games.
Offshore renminbi products take off
Hong Kong’s new renminbi inter-bank market launched as limits on offshore renminbi circulation are being loosened.
StanChart and HSBC to launch higher-yielding RMB products
Regulators sealed agreement allowing HK financial institutions to offer higher returns on yuan savings accounts.
Hong Kong SMEs to invest in the next 6 months
1 in 10 SMEs will expand their workforce as Hong Kong businesses show signs of recovery.
3 airlines to slash fuel surcharges
Short-haul flights fuel-surcharge to drop 7% to $98 while that for 2% will fall to $505.
China Agri-Industries offering stocks and bonds worth HK$3.89bln
The company priced the shares at HK$8.75-HK$9 as it offers 5 year convertible bonds.
Commentary
Why Hong Kong's carried interest reform matters, and why it isn't a zero-sum play
Medical centre expansion in Hong Kong: How to choose the right location
The Claude ban is a crash course in digital resilience — and that’s good for Hong Kong bankers