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Parking spot in Western district fetches nearly HK$4 mln

...  previous peak for the district, at The Belcher’s about four months ago.  An investor has put a parking space at The Belcher’s up for sale at HK$5 million, having paid HK$400,000 for it in 2002. Some ...More

EJ Insight2015-02-02

Mainland pre-holiday shoppers overwhelm Lo Wu checkpoint

...  from the peak last week, according to immigration data. Because of the unusually heavy traffic, mainlanders were allowed to use e-channels normally reserved for Hong Kong residents, prompting complai ...More

EJ Insight2015-02-02

Chinese growth: How much will it drop?

...  the 2007 peak of 14.2 percent. The slide is comparable to the US downturn during the subprime mortgage crisis, when its growth fell from 6.5 percent in 2005 to a negative 0.9 percent in 2008. The que ...More

EJ Insight2015-01-28

Flu claims 8 more lives in HK; outbreak seen peaking in 3 weeks

... uld hit a peak in two or three weeks, around the time of the Chinese New Year holidays, which begin on February 18, the experts were quoted as saying. Hospitals and clinics in the city have recently b ...More

EJ Insight2015-01-28

HK needs more hotel rooms, cultural events to lift tourism: CLSA

... alls, the Peak and Repulse Bay. Meanwhile, aggressive efforts by authorities in places such as Singapore and Macau to lure more tourists have only added to the problem for Hong Kong. CLSA also identif ...More

EJ Insight2015-01-23

Itochu investment in Citic doesn't make much sense

... the first peak of HK$7.2 billion in 1997, and sixteen years later -- in 2013 -- the profit was still around HK$7.6 billion. It's only rare that a lucrative industry or business comes with a high entry ...More

EJ Insight2015-01-23

Hong Kong home rents hit new highs

... r, from a peak of about 1.5 to 2.5 percent expansion last summer, the report said. -- Contact us at [email protected] JZ/JP/RC ...More

EJ Insight2015-01-23

All that glitters is a Swiss watch

... ld at the peak of the gold rush two years ago) or Dashus (middle-aged men who are fond of watches). As a matter of fact, Rolex and other luxury brands have been badly hurt by Xi Jinping's ongoing camp ...More

EJ Insight2015-01-22

Ho Tung Gardens sold to developer for HK$5.1 bln

Ho Tung Gardens has been sold for a record HK$5.1 billion, the Hong Kong Economic Journal reported Thursday. The property was the site of a historic villa on the Peak built by the businessman Robert H ...More

EJ Insight2015-01-22

Flu jabs advised after 31 people die in HK outbreak

... entered a peak flu period, and people should maintain strict personal hygiene, wear a mask when respiratory symptoms develop and avoid going to crowded places, the CHP said. Among respiratory specimen ...More

EJ Insight2015-01-22

HK launches scheme to bring emigrant kids home

... recast to peak at 3.71 million in 2018, from 3.58 million now, then decline to 3.51 million by 2035, official estimates show. --Contact us at [email protected] VW/JP/FL ...More

EJ Insight2015-01-16

Asian exporters hit by European economic woes

... n July, a peak and much higher than low single-digit growth earlier in the year, the newspaper said, citing HSBC data. Since then, however, shipments to the region have slumped, to 5.3 percent in Octo ...More

EJ Insight2015-01-16

HK property market may cool off in 2015

...  city may peak out soon as demand now is driven more by investment rather than real consumption, the Hong Kong Economic Journal reported Friday. "Home prices are forecast to be to be flat this year ve ...More

EJ Insight2015-01-16

Why Chinese stock investors are moving money home

... peared to peak soon after the Alibaba IPO. An index tracking 30 US-listed technology companies has fallen 12 percent since November. Internet security provider Qihoo has fallen 44 percent from its Aug ...More

EJ Insight2015-01-16

Why Hong Kong people should think twice before moving to Taiwan

... 2013. The peak year was 4,624 in 2013 compared with 3,908 in 2012 and 2,995 in 2011. The previous record was 3,974 in 1991 in the aftermath of the military crackdown in Beijing in June 1989. Driving p ...More

EJ Insight2015-01-15

China stocks won't find it easy to return to 2007 peak: Citi

China's A-share market is unlikely this year to scale the peaks of 2007 after the bull run in 2014, as fundamentals like GDP and earnings growth are much weaker now compared to the levels eight years ...More

EJ Insight2015-01-13

Samsung flags first annual profit fall in three years

... nt at its peak in 2013 to about 44 percent in the third quarter of 2014, as its high-end offerings lost out to Apple's iPhones and buyers in emerging markets opted for cheaper devices from Chinese fir ...More

EJ Insight2015-01-08

Ports Design weighs anchor: Who's the winner in delisting plan?

... e share's peak price of HK$30 in 2008, and a mere 27 percent premium to its last price before it was suspended from trading in December. Once a fund managers' darling, Ports Design was listed in 2003 ...More

EJ Insight2015-01-08

Gwo Laan: Fruity story of an old Hong Kong trade

... uring the peak hours, dealers are unable to keep an eye on all the goods but theft rarely happens there. Sometimes Gwo Laan dealers also help their customers check the quality of fruits and arrange de ...More

EJ Insight2015-01-07

HK property market could face big downturn in 2016: Eric Wong

... nt before peaking out, Wong said. The Centa-City Leading Index, a main gauge of property prices in Hong Kong, stood at 132.45 last Friday. The level was 28.7 percent above the peak in 1997, with a cum ...More

EJ Insight2015-01-07

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