AllianzGI survey finds Hongkongers will need HK$5 million as the ideal amount of savings to sustain 14 years of retired life, but expects it to fall short by HK$1.83 million
Stricter oversight by Ministry of Education could lead to shakeup in industry that provides after-school teaching to help Chinese students get into the top universities
Gripes range from ‘returns are too low’ to ‘I’ll have to live until I’m 100 to benefit the from scheme’, while some would rather keep their money in the pocket
The asking price of HK$370 million, or HK$3,100 per square foot before adding the conversion premium, was much higher than any comparable price in surrounding areas
Gen-Z and the Millennials have turned into the biggest borrowers of the economy, spurred by the proliferation of smartphone-enabled credit facilities and low interest rates