Property size: Big property companies in the Guangdong part of the GBA play a smaller role in the market than their Shanghai counterparts, research shows. Those with over 100 billion yuan of sales revenue made up 14.1% of the total in 2019, 1.4 percentage points higher than 2018, while those in the Yangtze River Delta area made up of 34.8%. Read more (in Chinese)
Cybercrimes cracked: Guangzhou has solved more than 1,500 cases of cybercrimes, with more than 5,000 suspects arrested and more than 1.3 billion pieces of personal information seized. Read more (in Chinese)
Box office tops: Guangdong raked in the highest provincial box office revenues in China in 2019, accounting for 14% the nation’s total at 9 billion yuan. It was the 18th time Guangdong has topped the charts. Read more (in Chinese)
HKEX outlook upbeat: Hong Kong’s stock market will keep its momentum this year as one of the world’s top three IPO centres, raising as much as HK$260 billion for an increasing number of new economy companies, according to a report by PwC. Read more on Caixin.