In Focus
Over 72,000 new businesses registered in Hong Kong in H1
Year-to-date there are 1.42 million local businesses registered.
Over 72,000 new businesses registered in Hong Kong in H1
Year-to-date there are 1.42 million local businesses registered.
Select high lump sum projects to benefit from Hong Kong’s relaxation of mortgage rules
Hong Kong raised the LTV ratio cap to 70% for self-use properties worth less than $15m.
Equity capital market activity rises 6.1% YoY in 1H23
Proceeds likewise rose, increasing 46.2% YoY.
Office space demand ‘evolving’ as corporates focus more on sustainable offices: JLL
Despite increasing demand, vacancy still rose to 12.4% as of end-May.
Luxury brands mark return in HK’s retail leasing market
Chanel is amongst the brands that leased space in the city.
Hong Kong life insurance market to improve in two years: S&P
The life segment is predicted to jump by 20% o 25% in 2023.
Surging costs dampen demand for new homes
Plans to relax loan-to-value ratio will have little effect on boosting transaction volumes.
HK reducing misuse of sick leave notes with digital certificate
Experts advise employers to ensure proper data storage in response to the development.
Government shields Hong Kong’s local MNEs from EU’s tax defensive measures
Hong Kong introduces foreign source income exemption regime (FSIE) to benefit local MNEs if certain requirements are met.
Digitalisation, decarbonisation drive M&A deals in APAC
In Q1, technology, media and telecom (TMT) was the busiest sector in the Asia Pacific by volume with 622 deals.
Auction houses thrive on Asian millennials’ art-buying power
Millennials are seen to be particularly drawn to contemporary art as growth for Christie’s, Sotheby’s, and Phillips are highly anticipated in art hubs Hong Kong and Singapore.
Phillips’ ‘minimalist’ HQ showcases diverse collection of Asia’s finest art
The 50,000-square-foot headquarters features a purposely built auction room on the ground floor.
HK is 2nd strongest market for global super-prime homes
In Q1, Hong Kong recorded 67 transactions.
Is Hong Kong ready to reclaim its 'air hub' role?
Fitch Ratings said the city's lifting of travel restrictions paved the way.
Grade A office leasing demand to rise as tenants seek to upgrade spaces: JLL
More new spaces will push vacancy rates up, but also attract tenants to upgrade.
8 in 10 biz leaders stress urgent need to cultivate ‘AI Mindset’ amongst employees
Microsoft said employees will need new skills like prompt engineering in their daily work.
HK to face shortage of over 60,000 suitable elderly places by 2032: report
The city's older population is expected to increase by 46.3% in the next decade.
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