Hong Kong

Hong Kong hailed as 4th priciest market in Asia for hiring expats

The average cost of employing a mid-level expatriate worker in the region is at $2.23m.

Hong Kong hailed as 4th priciest market in Asia for hiring expats

The average cost of employing a mid-level expatriate worker in the region is at $2.23m.

Guangdong-Hong Kong TCFS open for applications

One of the categories features 37 specific themes in different technology areas.

Nongfu seeks $8.35b in 2020's second biggest F&B IPO

It attracted five cornerstone investors who will purchase a combined $2.48b of the offering.

Hong Kong buyers rush for UK properties after security law

A weaker pound GBP since 2014 encouraged Hong Kong buyers to invest in the UK.

Inflation down 2.3% in July

The government’s payment of public housing rentals dragged it down.

China vows to support Hong Kong as a financial hub

The CBIRC assures that Hong Kong’s standing will not weaken.

Almost 82% Hong Kong businesses plan to keep remote working post-COVID-19

Companies are also allowing employees to use personal devices to conduct company work.

What Facets of Technology Have Powered Businesses During the Pandemic?

The coronavirus pandemic has vastly altered the way businesses operate. From physical meetings and seamless access to company servers, businesses worldwide have been forced to shift to virtual and remote working models. This paradigm shift has changed how people work, collaborate, access data and view work-life balance. Hong Kong was amongst the first cities in the world to enforce social distancing measures and many organisations were left scrambling to enable remote working to minimise operational disruption.

Jobless rate dipped to 6.1% in May-July

It eased in the information and communication, professional and business services sector.

Credit card receivables up 0.2% in Q2

The combined delinquent and rescheduled ratio rose slightly to 0.47%.

GDP shrinks 9% in Q2

Private consumption expenditure fell 14.2% during the period.

SHINEWING (HK) CPA Limited's Andy Wong talks about Hong Kong as a financial hub

Andy believes that Hong Kong will serve as a gateway for businesses to tap into the global capital market.

Export volume down 6.2% in H1

Total exports continued to decline for the fourth-straight month in June.

Cathay Pacific records $9.87b loss for H1

The airlines’ passenger business does not expect to make a recovery for some time.