Residential mortgage loans approved in December fell 20.7% compared with the previous month to $23.5 billion, the Monetary Authority announced today. Mortgage loans financing primary market transactio... ( read original story ...)
Hong Kong trails Singapore, Christchurch in climate change readiness, thanks to its housing crisis
Hong Kong lags behind Singapore and other cities when it comes ... cost me to run over 40 to 50 years of the building cycle’, then you can start to find a business case to build a more sustainable and ... ( read original story ...)
Hong Kong leader Carrie Lam widens high-level inquiry into shoddy-work allegations at MTR Corp’s Sha Tin-Central link
A high-level inquiry into allegations of shoddy work at Hong Kong’s most expensive rail project is to look ... added she was “very disappointed” with the steady stream of bad news emerging from the Sh... ( read original story ...)
HK$1.8b of home mortgages in negative equity
The aggregate value of home mortgage loans in negative equity at end-December added up to HK$1.18 billion and the unsecured portion of these loans amounted to HK$58 million, the Hong Kong Monetary Aut... ( read original story ...)
Mainland Chinese visitors drive Hong Kong’s tourist numbers to record high of 65.1 million
Mainland Chinese visitors were the driving force that pushed Hong Kong’s tourist arrivals to a record high of 65.1 million last year, even as the Tourism Board rolled out a series of initiatives to co... ( read original story ...)
Hong Kong stocks end firmer on dovish Fed stance
HONG KONG, Jan 31 (Reuters) - Hong Kong’s main Hang Seng index ended higher on Thursday, while China’s H-shares index also closed firmer tracking gains in China market, after the U.S. Federal Reserve ... ( read original story ...)
Hang Seng Bank : & HKSTP in strategic tie-up
Technology Parks Corporation (HKSTP) announced a strategic alliance to help accelerate the development and deployment of fintech solutions for the banking sector in Hong Kong. The multi ... Under the ... ( read original story ...)
HSBC : Goldman lowers HSBC Holdings to HK$81
Holdings (00005) by 4% to HK$81 and maintained its "buy" rating. HSBC will release 4Q 2018 results on 19 February. The research house expects underlying PBT to be US$4,278mn. Goldman incorporated a13% ... ( read original story ...)
Hong Kong man who tried to lure girl, 8, home with HK$200 jailed for six months
A Hong Kong service station worker who sparked fear among parents last year when he tried to lure an eight-year-old girl to his home with HK$200 (US$25) was sentenced to six months in prison on Thursd... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) investors bet on the U.S. Federal Reserve to take a pause in hiking interest rates
Shares in Hong Kong closed higher on Wednesday as investors bet on the U.S. Federal Reserve to take a pause in hiking interest rates and China to step up efforts to boost decades-low growth. At the cl... ( read original story ...)
Hong Kong loses out to mainland China, Singapore when it comes to marketing, financial sector pay, survey shows
If you are a sales and marketing manager with more than 10 years of experience, then mainland China is where you should be. Average salaries there are at least double that of Hong Kong, according to a ... ( read original story ...)
The 10 Cities with the Best Public Transportation
Clean, comprehensive, and efficient, Hong Kong’s public transit network includes buses, trams, subways, and overland trains. McKinsey & Company praises the city’s rail infrastructure, which reaches ju... ( read original story ...)
Hong Kong tops ‘economic freedom’ chart despite political pressure from Beijing
But since the pro-democracy protests of 2014, which saw tens of thousands march through the streets and paralyze parts of the financial hub for weeks, Hong Kong has seen more and more protests against ... ( read original story ...)
Top Hong Kong accountants’ body urges government not to give out cash handout in budget as it estimates surplus of HK$50 billion for financial year
Big drops in land sales and stamp duty have reduced the government’s annual surplus to around HK$50 billion (US$6.4 billion) this financial year, the Hong Kong Institute of Certified Public Accountant... ( read original story ...)