Hong Kong
Bank of East Asia offers preferential interest rate to green mortgage customers’ time deposits
It follows in the footsteps of BEA’s Green Mortgage Plan.
Bank of East Asia offers preferential interest rate to green mortgage customers’ time deposits
It follows in the footsteps of BEA’s Green Mortgage Plan.
Gov’t deficit rises to $275.75b
In August, the deficit was at $183b.
Approved mortgage loans drop 4.7% MoM in October
The drop was likely due to the decrease in applications during the same month.
Hong Kongers trust ‘Big Tech’ more than banks for banking services: survey
86% said they trust big tech as much as or more than banks.
New completions raise Grade A office vacancy rate to 11%: JLL
The completion of Two Taikoo Place contributed to the vacancy rate.
Hungry for money: 6 in 10 millennials will work more to increase their wealth
They are even willing to compromise their relations to maximise their riches.
Rising interest rates, weakening economy dampen residential property demand
Residential sales were down 18.8% MoM in October, according to the Land Registry.
DBS Asia Capital names Lindsay Chu as new CEO
Prior to joining DBS, has worked senior roles in HSBC, Nomura, and J.P. Morgan.
HK, Guangdong launch cooperation projects on IP
The projects cover areas such as cross-boundary IP protection.
Exports value drop 10.4% YoY to $374.77b in October
The deterioration of the external economic environment contributed to the fall.
Grade-A Office rents down 1.8% MoM in October
The downward rental trend will continue for the rest of 2022.
Dah Sing Bank joins Mastercard’s Priceless Planet Coalition
As a banking partner, Dah Sing Bank will raise customer awareness towards reforestation.
Global financial leaders looking to hire more HK talent: Chan
The financial leaders' summit boosted the market's financial status.
Under pressure: 3 major worries that keep CEOs awake at night
Some CEOs have planned to resign from their post amidst mounting pressure.
Over 4,800 hotel units to be converted into homes
The TPB has received at least seven planning applications since 2020.
HK-operated businesses with parent companies located outside the city hit 8,978
Most companies operating in HK are from the Mainland.
Hong Kong’s construction prices remained steady: JLL
The average fit-out cost is US$130 per sqft.
Read Here
Advertise
Sign Up
