Hong Kong
Residential prices to drop 5% to 10% due to high mortgage rates
Capital values of luxury residential will decline by 0% to 5%.
Residential prices to drop 5% to 10% due to high mortgage rates
Capital values of luxury residential will decline by 0% to 5%.
Total AUM may still grow amidst rise in China’s wealth: PwC, AIMA
Between 2009 and 2020, China’s wealth rose twelvefold.
Yanlord’s Suhe Century project sold out with $5b pre-sales
The property's average selling price was $155,290 per sqm.
Fifth wave pushes back retail market in H122
Rents of high street shops and prime shopping centres dropped 9.8% and 4.8%, respectively.
Grade A office market logs net absorption of 1.25 million sq ft in H122
Leading the market in recovery is the Central segment.
Sun Life Hong Kong marks 130th anniversary with NFT launch
The exclusive NFT collection with a local artist.
Bank of East Asia joins the Partnership for Carbon Accounting Financials
BEA is required to disclose data publicly on financed emissions within the next three years.
DBS Hong Kong unveils new eco-friendly casual uniform for branch staff
The polyester used is partly made from recycled plastic bottles.
Hong Kong is world’s second most attractive energy market for foreign direct investments
The city is the top pick in Asia, but its gap with Singapore is narrowing.
Haidilao eyes spin-off and listing of overseas unit in HKEX
The hotpot company will be listing the spin-off by way of introduction.
HK requires tracking bracelets for home quarantined individuals
Quarantined residents will have to wear the bracelets starting 15 July.
Hang Seng issues $100-m green trade facility for Leo Paper
This marks the first green trade facility for Hong Kong’s paper and printing industry.
HK aims to regain crown as favoured arbitration hub with outcome-related fee structure bill
Under the arrangement, lawyers can make more if their case succeeds.
Prosperity REIT enters first sustainability-linked interest rate swap with DBS Hong Kong
The REIT secured a five-year HK$800m sustainability linked term loan with the bank in 2021.
Zurich Insurance launch Travel VIVA Insurance Plan
Applicants who apply until 30 Sept 2022 get a 10% premium discount.
Cathay Pacific lands inaugural commercial flight at Third Runway
The flight was part of a familiarisation operation on the runway.
HK halts route-specific flight suspension mechanism
Inbound travellers will undergo an additional nucleic acid test on their third day of arrival.
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