News

Industrial production up nearly 4% YoY in Q1

The IP for sewerage, waste management, and remediation activities grew 0.3%.

Industrial production up nearly 4% YoY in Q1

The IP for sewerage, waste management, and remediation activities grew 0.3%.

Hong Kong is top spot for employees in video editing sector

This is due to the city’s competitive WiFi speed of 87 Mbps.

Health and beauty brand Watsons opened 1,400 stores in Asia since 2019

Watsons most recently opened its 700th store in Malaysia.

Bank of East Asia extends weekend business hours in three branches

They will be open from 1PM to 5PM until 9 July 2023.

No changes to Hang Seng Bank's HKD dollar prime, savings deposit rates

Savings accounts with a total relationship balance of HK$1m or above will enjoy a bonus interest of 0.001% per annum.

Dah Sing Bank shows solid capitalisation, funding and liquidity: Moody’s

The bank has a stable outlook due to its capability to maintain strong credit profiles, including solid capitalisation, funding, and liquidity. 

SME’s business outlook softens in May

The tighter financial conditions will affect business sentiment in the near future.

Green residential demand to rise in long run: JLL 

Studies showed that green residentials have a resale premium of 5-10%. 

Service industry reports double-digit increases in Q1 2023.

Accommodation services saw the most increase at 84.5%.

Value of Hong Kong's exports, imports to mainland down in Q1

Total exports to the mainland is 31.1% lower in value compared with Q1 2022.

Hang Seng Bank to launch RMB counter on 19 June

The bank’s shares will be designated as dual counter securities by the stock exchange.

8-storey building on Kwa Wan Road, Kowloon sells for $1.071b

New Fortress Investment Limited won the auction.

Office demand to remain subdued in 2023: JLL

Given the situation, rents will likely fall by 3%-5% this year.

Here are two factors impacting workplace productivity in HK

A report showed that workers will return to the office if they have their dedicated space.

‘Gradual’ IPO market recovery seen in second half: PwC

IPO fundraising continued to be slow in the first half of the year.