News

Hong Kong banks face mixed outlook with expected rate cuts in 2024

Credit risk management will be a key concern for banks amidst fluctuating interest rates.

Hong Kong banks face mixed outlook with expected rate cuts in 2024

Credit risk management will be a key concern for banks amidst fluctuating interest rates.

Four offices in Clarke Quay Central for sale at $3,500 psf

The units can be sold individually or as a set.

HK retail leasing market stable amidst shifting consumer trends

The overall high street vacancy rate held steady.

HK's new legislation welcomed by insurance industry

The legislation advocates for international insurers to re-domicile in Hong Kong.

Property sales down 28.7% in June

Still, it increased 9.8% compared to the previous year.

Hotel COZi Resort Tuen Mun in New Territories for sale

The 14 storey property has 430 rooms and has a 90% occupancy rate.

HK announces first visa approvals under new investment scheme

The scheme garnered 339 applications and over 3,700 enquiries as of 30 June.

Endowus Private Wealth offers HK investors access to 400 fund strategies

Over 400 fund strategies are made available to Endowus clients. 

HKT to see debt drop over stake sale: S&P Global

Demand in mobile roaming and growth in broadband and local data services to drive profits.

Residential property sales in April reach decade-high at 8,500 units

The increase was due to the withdrawal of cooling measures.

Grade A office leasing surge 70% YoY in Q2

A total of 964,500 sq ft was leased during the period.

6 in 10 HK employers to hire contractors in 2024

Key reasons for this include short-term project flexibility, budget constraints, and the need for specialised skills.

Sun Life debuts comprehensive ECO system for wealthy families

The insurer is partnering with HealthMutual Group.

Breadwinners support at least 3 relatives financially: survey

Breadwinners support spouses/partners, parents/in-laws, and children.

Hong Kong eyes low-altitude economy

It will focus on developing Advanced Air Mobility (AAM) technologies.

Hong Kong enhances Deposit Protection Scheme

It raises the protection limit from $500,000 to $800,000.