Markets

Moody’s has slashed its outlook on Hong Kong and Macau and placed several of China’s state-owned companies and banks on downgrade warnings.

posted on 07.12.2023

Markets

The governor of the People's Bank of China (PBOC) stated on Tuesday that monetary policy will stay accommodative to bolster the economy,

posted on 28.11.2023

Markets

The Tsim Sha Tsui area of Hong Kong has maintained its ranking as Asia-Pacific's most expensive retail destination. Still, it sits in third place globally due to the pandemic restrictions that battered tourism.

posted on 21.11.2023

Markets

Lower stamp duties for specific property transactions in Hong Kong are forecast to be announced in Wednesday’s annual policy statement.

posted on 24.10.2023

Markets

Economists have slashed their growth forecasts for Hong Kong, hiking the likelihood the government could fall short of its objective for this year.

posted on 11.09.2023

Markets

According to official data published on Tuesday, private home prices in Hong Kong edged down 1.12% last month compared to June, the third consecutive monthly decline.

posted on 29.08.2023

Markets

Hong Kong will likely report an economic growth slowdown in Q2 compared to the first three months of the year, according to Financial Secretary Paul Chan.

posted on 31.07.2023

Markets

Unemployment in Hong Kong declined to 2.9% in the second quarter of this year, the first time the figure has fallen under the 3% mark since 2019.

posted on 21.07.2023

Markets

Hong Kong increased the maximum mortgages available for certain buyers at the end of last week, the first easing on home purchase limits brought in in 2009.

posted on 11.07.2023

Markets

The unemployment rate in Hong Kong fell to 3% between February and April

posted on 19.05.2023

Markets

According to Chinese media reports, US rate hikes won't impact Hong Kong's currency or financial stability, and the aggregate balance of the city's banking system is stable.

posted on 21.04.2023