Hong Kong

38% of Hong Kong firms saw salary freeze in 2020

More than one in four firms offered no increases last year.

38% of Hong Kong firms saw salary freeze in 2020

More than one in four firms offered no increases last year.

Ultra wealthy population in APAC to rise 33% in 2025

This is higher than the global average of 27% rise in ultra wealthy population.

Social benefits seen among homeowners: study

Home ownership ratio in Hong Kong fell to 51.2% in late 2020, much lower than the 60% mark.

Australian firms may bank on Hong Kong's growth in GBA: government

The Greater Bay Area’s economy is seen to reach over US$4.7t by 2030.

Wing Tai, Champion REIT enter JV to buy London office

The acquisition of the office building at 66 Shoe Lane costs $2.76b or £255.

Cathay Pacific delivers Fosun Pharma/BioNTech vaccines to Hong Kong

This marks the first batch of 1m COVID-19 vaccines, developed by Fosun Pharma and BioNTech, delivered by the airline.

Alibaba Health, Longfor Group, Haidilao Int'l to join Hang Seng Index

This comes after the company concluded the review of the Hang Seng Family Indexes for 4Q 2020.

Hongkongers struggle to upskill amidst pandemic: survey

Meanwhile, 12% of local workers fear losing their jobs.

What the Big 4 say on Hong Kong's 2021/22 budget

Here’s how EY, Deloitte, PwC and KPMG weighed in on the increased stamp duty and more.

Land supply shortage to persist up to three years: JLL

The 2021 New Land Sale Programme shows difficulties in generating new supply.

ASM Pacific Technology Limited profits surged last quarter

The company's revenue growth was driven by digital transformation amidst the pandemic.

Hong Kong records $25.2b trade deficit in January

The country’s value of total export and increased both increased YoY.

Real estate sector flags worsening private housing supply

The government expects an annual average of 18,000 private residential units in the next five years, down from 19,600 last year.

Indosuez Hong Kong announces three new senior appointments

They are Wilie Chue, Steven Wong, and Ada Zhou.

Coherent brings clear-cut strategies to boost the insurance industry

How the insurtech startup helps insurers part ways with legacy technology.

JobsDB to hold virtual career fair in March

The fair will run from 1–5 March 2021.

EPD rolls out Reverse Vending Machine pilot scheme

Citizens will receive a $0.1 rebate for each beverage container returned.