Hong Kong

SME’s business outlook softens in May

The tighter financial conditions will affect business sentiment in the near future.

SME’s business outlook softens in May

The tighter financial conditions will affect business sentiment in the near future.

Green residential demand to rise in long run: JLL 

Studies showed that green residentials have a resale premium of 5-10%. 

Service industry reports double-digit increases in Q1 2023.

Accommodation services saw the most increase at 84.5%.

Value of Hong Kong's exports, imports to mainland down in Q1

Total exports to the mainland is 31.1% lower in value compared with Q1 2022.

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.

‘Wall-less’ office tears down barriers to collaboration amongst AnyMind’s creatives

The office opens up for employees to collaborate, relax, feed off one another’s energy, and enjoy ‘happy hour’ and ‘mental space.’

Hang Seng Bank to launch RMB counter on 19 June

The bank’s shares will be designated as dual counter securities by the stock exchange.

8-storey building on Kwa Wan Road, Kowloon sells for $1.071b

New Fortress Investment Limited won the auction.

Office demand to remain subdued in 2023: JLL

Given the situation, rents will likely fall by 3%-5% this year.

Here are two factors impacting workplace productivity in HK

A report showed that workers will return to the office if they have their dedicated space.

‘Gradual’ IPO market recovery seen in second half: PwC

IPO fundraising continued to be slow in the first half of the year. 

What are the 3 main challenges faced by family offices in Hong Kong?

Almost 50% of APAC family offices are headquartered in Hong Kong and Singapore.

HSBC, FreightAmigo launch Ship Now, Pay Later in Hong Kong

Users will be able to utilise the digital logistics platform and choose extended payment terms.

More than 60% of Hong Kongers receive pay hikes: report

The average increase stood at 4.1%, the highest in the last four years. 

Market-relevance is a shield against layoffs in Hong Kong's Tech Industry – EY’s David Chen

The EY Partner emphasized the need for the Hong Kong technology industry to be as “market relevant” and “value adding” as possible

SW Hong Kong's Andy Wong: Technology, innovation key drivers for Hong Kong's resilience amidst global challenges

SW Hong Kong’s Andy Wong believes there are many opportunities for growth in Hong Kong’s business landscape, particularly in the fintech, green finance, and e-commerce sectors.