News

Co-living operators could save 25% of expenses over traditional renting model: report

Underperforming hotels and serviced apartments in Hong Kong are converting into co-living spaces.

Co-living operators could save 25% of expenses over traditional renting model: report

Underperforming hotels and serviced apartments in Hong Kong are converting into co-living spaces.

Hong Kong still the world's priciest housing market

Average property price is at $9.69m or $16,400 per sqft.

Small-house policy ruling kills two village land projects

The Court of First Instance of the High Courts ruled that trading or granting space for village-type development was unconstitutional.

2 in 3 tech workers worry about future tech setups despite skill upgrades: study

They felt unequipped to manage their knowledge in machine learning, AI and blockchain.

Hong Kong beats Japan as world's third largest bourse

The Hang Seng Index climbed 17% whilst the bourse's market cap hit US$5.78t.

Firms tap into temporary and contract market to plug talent shortage

Almost all or 91% of companies have employed temporary or contract staff over the past year.

Hong Kong's Voluntary Health Insurance Scheme goes live

Features include coverage extended to unknown pre-existing conditions and no limitations on ‘lifetime benefit'.

Hong Kong shapes up in heating virtual banking race

The first batch of licensees were granted to applicants with experience in running a deposit-taking and lending business.

Here's why Chinese developers are on a buying spree of old buildings

Compulsory sale applications from Chinese developers surged 160% YoY to 39 applications.

Hong Kong has the world's lowest prime logistics yield

The country’s prime yield stood at 3.4%, down 30 bps from 2017.

Hang Seng Industry Classification System to revamp stock classification

It will sort stocks into 12 industries, 31 sectors, and 94 subsectors to reflect developments in Hong Kong and Chinese markets.

Developers eye home upgraders to boost unit sales

Developers, hit by a supply decline of 6% in the next three years, look for alternatives to make profits.

Hong Kong bank loans grow 3.03% in February

Trade finance loans fell for the sixth straight month to $477.7b.

Check out Hong Kong's first co-working tower by Spaces

The building consists of 130 private offices and 800 workstations.