Hong Kong Business

Jobless rate holds steady at 3% 
The number of jobless individuals however dropped by 1,700.
ZJLD applauds liquor tax cuts, bright prospects for premium Baijiu trade
The company noted that this can boost both the liquor industry and local economy. 
Lee says new subdivided units policy balances demand and market health
He also noted that the new system does not intend to make what is illegal legal.
Landlords turn to semi-retail tenants as office vacancy pressure mounts
They have also been offering attractive leasing packages to secure tenants.
Investment volume for 2024 to likely match $40b in 2023: CBRE
Local buyers like family offices and high-net-worth individuals are the key purchasers. 
Cathay welcomes three-runway system, Airport City expansion
The airline also supports efforts to strengthen air connectivity with Mainland China.
Gov't forms task group to set up new medical school
It will handle tasks like funding arrangements and programme accreditation.
HK industrial leasing demand remains sluggish
Third-party logistics firms and the automotive sector are leading leasing activity.
Gov’t eases mortgage measures to boost property market
The maximum loan-to-value ratio for all properties has been adjusted to 70%.
Gov’t proposes policy to reclassify compliant SDUs as basic housing units
This will allow owners of upgraded SDUs to apply for BHU recognition.
Julius Baer partners Cathay Pacific to promote SAF for sustainable air travel
This initiative is part of the bank’s decarbonisation efforts and climate targets.
2024 Policy Address: Leaders commend gov’t plans to reinforce financial sector
The government will continue to forge financial cooperation overseas. 
Hong Kong ranks as world's freest economy
Amongst the five areas of assessment, the city ranked top in ‘freedom to trade internationally’ and ‘regulation.’

Join the Hong Kong Business community

Exclusives

Exclusives

Retail K11 MUSEA bridges art, culture, and retail
Visitors find top-tier brands and museum-grade art pieces at the cultural-retail landmark.
Residential Property Rich Hong Kong families sell mansions at a loss to repay debt
A stuttering economy has driven some to offload their assets for as low as half the price.
Hong Kong hospitals, banks embrace relaxed data transfer rules
Whilst not mandatory, they could simplify data exchange with cities in South China.
Commercial Property Ashurst’s Hong Kong office balances privacy and teamwork
The workplace features spaces for socials and quiet work to boost productivity.
Building & Engineering Hong Kong builders pivot overseas amidst housing slump
Some are closing deals in Saudi Arabia, while others are turning to nearby Macau.
Commercial Property College homes, industrial sites a bright spot in Hong Kong property slump
Converted hotels and industrial estates offer investors a lifeline.
Markets Hong Kong's independent director caps face opposition
About 1,500 lingering and 23 overboarding INEDS in 810 and 181 firms are in the spotlight.

Top News

Jobless rate holds steady at 3% 
The number of jobless individuals however dropped by 1,700.
ZJLD applauds liquor tax cuts, bright prospects for premium Baijiu trade
The company noted that this can boost both the liquor industry and local economy. 
Lee says new subdivided units policy balances demand and market health
He also noted that the new system does not intend to make what is illegal legal.
Landlords turn to semi-retail tenants as office vacancy pressure mounts
They have also been offering attractive leasing packages to secure tenants.
Investment volume for 2024 to likely match $40b in 2023: CBRE
Local buyers like family offices and high-net-worth individuals are the key purchasers. 
Cathay welcomes three-runway system, Airport City expansion
The airline also supports efforts to strengthen air connectivity with Mainland China.
Gov't forms task group to set up new medical school
It will handle tasks like funding arrangements and programme accreditation.
HK industrial leasing demand remains sluggish
Third-party logistics firms and the automotive sector are leading leasing activity.
Gov’t eases mortgage measures to boost property market
The maximum loan-to-value ratio for all properties has been adjusted to 70%.
Gov’t proposes policy to reclassify compliant SDUs as basic housing units
This will allow owners of upgraded SDUs to apply for BHU recognition.
Julius Baer partners Cathay Pacific to promote SAF for sustainable air travel
This initiative is part of the bank’s decarbonisation efforts and climate targets.
2024 Policy Address: Leaders commend gov’t plans to reinforce financial sector
The government will continue to forge financial cooperation overseas. 
Hong Kong ranks as world's freest economy
Amongst the five areas of assessment, the city ranked top in ‘freedom to trade internationally’ and ‘regulation.’

Exclusives

Retail K11 MUSEA bridges art, culture, and retail
Visitors find top-tier brands and museum-grade art pieces at the cultural-retail landmark.
Residential Property Rich Hong Kong families sell mansions at a loss to repay debt
A stuttering economy has driven some to offload their assets for as low as half the price.
Hong Kong hospitals, banks embrace relaxed data transfer rules
Whilst not mandatory, they could simplify data exchange with cities in South China.
Commercial Property Ashurst’s Hong Kong office balances privacy and teamwork
The workplace features spaces for socials and quiet work to boost productivity.
Building & Engineering Hong Kong builders pivot overseas amidst housing slump
Some are closing deals in Saudi Arabia, while others are turning to nearby Macau.
Commercial Property College homes, industrial sites a bright spot in Hong Kong property slump
Converted hotels and industrial estates offer investors a lifeline.
Markets Hong Kong's independent director caps face opposition
About 1,500 lingering and 23 overboarding INEDS in 810 and 181 firms are in the spotlight.

Join the Hong Kong Business community