Hong Kong
Chinese renewable firms move away from Hong Kong bourse
Relisting in China could allow a better mix of debt and equity funding.
Chinese renewable firms move away from Hong Kong bourse
Relisting in China could allow a better mix of debt and equity funding.
95% of new office lettings in June occurred outside Central area
International brands, such as IWG and MUJI, are increasingly flocking to new areas.
InvestHK floats fast-track fintech programme
Up to 90 firms could get funding and partnership opportunities with large corporates and investors.
Hong Kong crisis deals $59.68b blow to property tycoons
CK Asset, Wharf and Sun Hung Kai are some of the property firms that took a big hit.
Businesses spearhead fintech usage in Hong Kong
40% reported heavy usage of digital payments.
PMI further contracted to 44.5 in July: IHS Markit
New orders, input prices and business confidence deteriorated at a quicker rate.
WeLab Bank rolls out in Hong Kong
Clients can open an account in five minutes.
Restaurant receipts down 25.9% to $21.2b in Q2
The declines narrowed from Q1 as social distancing measures eased.
Residential sales to drop as third COVID-19 wave persists
New residential projects scheduled for sale are also likely to be further postponed.
Mortgage applications slipped 7.9% in June
Despite a jump in approved loans, mortgage loans drawn down also rose 23.8%.
Lands Department awards Tai Po site tender to Wealth Honour
It spans about 22,608 sqm and is designated for private residential purposes.
Hong Kong's retail sales slip 24.8% in June
The decline softened as the local epidemic abated during the month.
How to win in the big wave of online events
We have no idea of when the COVID-19 will end. People called it the third wave. Given COVID-19’s ferocity, rampant speed and potential to return, Hong Kong enterprises should be extremely agile and explore new ways to continue running the businesses. Fluid as the situation is, traditional businesses might not survive if they do nothing but merely wait for economic recovery.
The Asian Export Awards 2020 is now open for nominations
Nominations will close on 16 October 2020.
HSBC, Microsoft Hong Kong to boost SMEs' organisational efforts
SME clients will receive free devices and cloud solutions.
Deliveroo rolls out breakfast service
People may now order food beginning 7:45AM on weekdays.
Exports down 1.3% in June
Exports to major markets outside Asia saw double-digit decline.
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