Hong Kong

ESR snaps up Blackstone's $3.91b Milestone Portfolio

The portfolio contains 45 industrial real estate assets in Australia.

ESR snaps up Blackstone's $3.91b Milestone Portfolio

The portfolio contains 45 industrial real estate assets in Australia.

Market Update: HSI ends week up by 0.61%

The Hang Seng Index (HSI) closed the week up by 176.57 points or 0.61% at 28,969.71. This was due to a strong growth in gross domestic product, which signals continued recovery for China’s economy.

Hong Kong's "very high net worth" population falls by 5.4%

The city is still amongst the top 10 territories with the wealthiest populations.

Online consumers are on the rise, but spending has dropped

The majority of consumers use online shopping to buy daily necessities, clothes and footwear.

Hong Kong tightens airport arrival measures

This comes as the City records more than 100 imported COVID-19 cases over the past fortnight.

Optimas Capital Limited fined $1.05m over errors in short position reports

The errors occurred because of a programming mistake, the company says.

Local trading rebounds 32.5% in Q1, 2021

This is amidst GDP growth in economies and control of local virus situations.

Patek Philippe presents a bouquet of technical and aesthetic debuts

The manufacturer is adding a brand-new perpetual calendar with an original in-line display to its rich range of calendar watches.

What does it really cost expats to live in Hong Kong?

Hong Kong is still the most expensive location for expats, despite wide-ranging drops in residential property rents over the last year.

Market Update: HSI slips 0.37%

The Hang Seng Index (HSI) closed on Thursday down by 107.69 points or 0.37%, to finish at 28,793.14.

Hong Wei (Asia) suffered $70.2m loss in 2020

This was attributed to the impact of the pandemic.

Moody's rates Guotai Junan Holdings' US$3b medium-term note

The company received a long-term and short-term rating of (P)Baa1 and (P)P-2.

China Gas and China Unicom to launch online gas meter

The new partnership will create a number of new business growth opportunities.

What to expect in this year's StartmeupHK Salons

InvestHK will virtually hold the annual festival in six locations.

Moody's mulls dropping rating of Huarong Financial Leasing

This comes at the back of Moody’s recent ratings review of its parent company.

High vacancy rates hinder office, retail rent recovery

Office rents will likely decline 5-10% over 2021, CBRE said.