One in 10 HK families could be living in mainland-built homes by 2019

2016-01-27 19:15:26

Hong Kong will see mainland developers provide 8 percent of the overall home supply over the next three years and peaking in 2018, as their participation in government tendered land sales increases, global real estate advisory firm Jones Lang LaSalle (JLL) predicts.

HKMA defends peg as HK dollar rebounds

2016-01-27 17:05:40

The Hong Kong Monetary Authority (HKMA) has defended the “dollar peg”, saying that the easing of the Hong Kong dollar against the US greenback, along with recent capital outflows, reflects normal workings in accordance with the design of the Linked Exchange Rate System (LERS).

Hong Kong's MPF beats inflation in 15-year review

2016-01-26 20:06:58

Hong Kong's Mandatory Provident Fund (MPF) has achieved an annualized investment return of 3.1 percent in the 15 years since its launch, beating the average annual 1.8 percent inflation rate over the same period, according to the Mandatory Provident Fund Schemes Authority (MPFA).

Hong Kong exports slump for first time in six years

2016-01-26 20:00:45

Hong Kong's struggling exports sector saw a 1.8 percent drop in trade last year having fallen for eight straight months amid global economic woes, marking its first annual contraction since 2009.

Could hyperloop come to Hong Kong?

2016-01-26 16:29:07

Tesla Motors CEO Elon Musk is looking to peddle his Hyperloop mass transit solutions in China, hoping to see high speed non-rail networks in place within a decade.

Hong Kong hits all-time low on happiness index

2016-01-25 20:04:29

Hong Kong people are less happy compared with peers in Osaka and Seoul. Housing-related problems, a slowing economy and political bickering are dragging ratings down, according to a City University of Hong Kong poll.

Call to allow 200% 'super' tax break on Belt and Road expenses

2016-01-25 18:53:24

The Hong Kong government should consider a "super" tax deduction of 200 percent for company expenses relating to research and development, innovation, brand building and market development conducted in "Belt and Road" countries, an Australian professional accounting body has suggested.

No near term lift in sight for HK dollar

2016-01-25 18:46:12

The Hong Kong dollar will remain depressed in the short term, given that capital flight will likely continue with further US rate hikes and speculative attacks on the local currency on the horizon. But a pause in the US monetary tightening cycle later in the year is possible, a strategist at CLSA forecast.

HK home prices seen to come down to earth

2016-01-25 18:28:38

Nearly two-thirds of Hong Kong residents believe home prices in the SAR will fall in this year.

Taiwan lures mainlanders after quota increased

2016-01-21 04:58:14

Taiwan has become one of the most popular travel destinations for mainland residents thanks to an increase in the quota allowed for tour groups.

Gourmet food forges cross-Straits link

2016-01-20 20:37:22

Shanghai's gourmets will soon have the opportunity to try signature dishes from the Grand Hotel in Taipei, Taiwan without flying all the way across the Straits.

Cross-Straits free trade discussions on hold

2016-01-20 08:15:06

Cross-Straits talks on a free-trade agreement have been suspended as Taiwan goes through a political transition after its Jan 16 election, Phoenix Satellite Television reported on Tuesday.