Despite criticism about the effectiveness of the Hong Kong government's recent measures to ease some of the world's most expensive home prices, analysts tell CNBC that the government has no choice but to intervene.
David Akers-Jones, President of the HK Business & Professionals Federation said the annual budget unveiled by Financial Secretary John Tsang is a good one as it has something for everybody.
NiQ Lai, CFO of Hong Kong Broadband Network said Hong Kong's budget surplus and total reserves of over HK$700 billion put it in a very enviable position as it can afford to make the tough decisions needed to support the economy.
Michael Tien, Hong Kong legislator and Deputy Chair of the New People's Party, and Marcellus Wong, Senior Advisor at PwC Hong Kong discuss what they're expecting from Hong Kong's Budget delivery.
Alex Arena, Group MD at Hong Kong Telecommunications, says the firm are firing on all cylinders and is pleased with the company's first year performance. He labels Apple's phone-locking policy in Hong Kong as unprecedented and inappropriate.
Andrew Brandler, CEO of power supply firm CLP, discusses the company's full-year earnings and warns of rising challenges in its Australian and Indian operations.
Hong Kong is imposing higher stamp duties and home loan curbs on property transactions, officials said on Friday.
Just three months after Hong Kong rolled out a tough new round of property cooling measures, home prices have again climbed to record highs with demand unusually strong for new flats.
Hong Kong tycoon Li Ka-shing's Cheung Kong Holdings just sold all 360 rooms in the budget range Apex Horizon hotel in Kowloon, to hundreds of enthusiastic buyers.
It's been a long seven-year itch, but Hong Kong Disneyland is finally making some money. The park made $14 million in the last financial year, while this is only about a 2.5 percent return on revenues of $550 million, it's still a profit.
Shares of SCMP Group, the publisher of the South China Morning Post, fell as much as 10 percent in resumed trade on Tuesday after it said it was in talks about the possible acquisition of a group of media companies.
Owned by art, film and real estate mogul Zhang Baoquan, Tree Resort World on Sanya Bay bar marks the Chinese government's first tacit approval of a gaming concept outside of Macau.
Jackson Wong, Vice President, Tanrich Securities believes the Hang Seng Index could test 26,000 by year-end. However, given last week's correction, he says the support line will remain at 23,000.
Siva Govindasamy, Asia Managing Editor at Flight Global says that as headwinds cloud the premium air travel market, SIA is shifting some of its flights to regional carrier SilkAir.
The Great Depression in 1929, the Pearl Harbor attack in 1941 and the dot-com bubble bursting in 2001 – all these events happened during the year of the snake. So, should we be worried about what 2013 - the latest Chinese Year of the Black Water Snake – has in store for us? The annual Feng Shui Index brought out by Asian brokerage CLSA gives some clues.
Jim Antos, Bank Analyst at Mizuho Securities Asia discussed the Libor scandal and says that management should also take blame for the rate fixing scandal.
Chinese property companies are rushing to the dollar bond market, almost matching last year's sales in the first month of 2013 alone, in a frenzy that could inflate the sector's gearing and the broader risk of a housing price bubble.
Mariana Kou, Consumer Analyst at CLSA shares how markets will trade in the year of the Black Water Snake, based on the firm's 19th annual Feng Shui Index forecasts.
Phillip Chan, Director at Shenyin Wanguo Securities says the recovery in China is heading in the right direction.
Emerson Yip, Greater China Investment Manager at JP Morgan Asset Management says that there will be differentiated performances in the markets as companies start reporting full year results for 2012.