Hong Kong
Deal-making for commercial real estate down 50% in Q2 22
The market’s transaction volume reached $18b (US$2.3b).
Deal-making for commercial real estate down 50% in Q2 22
The market’s transaction volume reached $18b (US$2.3b).
Dah Sing Bank temporarily closes Mei Foo Sun Chuen Branch
It will reopen on 11 August.
HKEX lists first A-share structured products
The derivative warrants are based on the MSCI China A 50 Connect Index.
Social distancing measures in business establishments retained until Aug. 24
Bars and pubs will still need to operate at 75% capacity.
Business sentiment of SMEs ‘eases’ in July
The current diffusion index dropped to 43.4 during the month.
CLP Holdings records HK$4.9b loss in H1 2022
It saw a HK$3.9b loss in operating earnings.
HK cuts hotel quarantine period down to 3 days
This will be followed by a 4-day medical surveillance.
SleekFlow allows online sellers to offer checkout on social media chat boxes
Through its One Click Checkout feature, consumers do not need to visit a third-party website to complete their purchase.
Savills Hong Kong, Inspace XR partner for interactive 3D model use in real estate
The technology will be used for 17 Kai Cheung Road and 46 Sassoon Road projects.
Foreign currency reserves down to US$441.7b in July
This is over US$5m lower from the preceding month.
HKB Greater Bay Area Enterprise Awards 2022 is now accepting nominations
Submission of entries is until 4 November 2022.
Why demand for nano flats is subsiding
Projects like SOYO in Mongkok only sold less than 30% of its 120 units.
Cathay Pacific to avoid designated airspace zones in Taiwan: report
This comes at the back of China’s recent live-fire military drills.
CK Hutchison profit climbs 4% in H1 2022
Its profit stood at $19.08b.
ShopBack to expand footprint to Hong Kong on 8 August
Over 250 merchants in Hong Kong have onboarded ShopBack.
Finance ministry to issue 10-year RMB sovereign bonds
The bonds total RMB1b.
HK falls to 8th place in list of places with the highest ex-pat packages
In Asia, the city also had the lowest rate of growth in pay and benefits for expatriates.
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