Hong Kong

Foreign currency reserves hit US$418.4b in August

It fell from the US$421.6b record in July.

More hotels pivot to co-living for better margins, stable cash flow

From 2020 to 1Q23, around 6 to 7 hotels have been acquired for conversion to co-living spaces.

4 key factors for HK firms to succeed in SE Asia

SG, Thailand, Vietnam, and Malaysia top local firms’ preferred destinations for expansion.

Gov't issues new tranche of retail green bonds

Residents can subscribe in $10,000 increments.

Only one out of 10 Gen Z’s are in good mental shape – Survey

Around 71% reported feeling lonely, and 80% struggled with negative body image issues.

Sun Life Hong Kong gets green light to adopt risk-based capital regulation

Implementation of the new solvency capital basis took effect last 30 June. 

3 key elements that fuel branded mobile app effectiveness

By introducing a shopping credit in its mobile app, a retailer saw a 500% growth in sales.

Government opens professional services funding for non-profit organisations

This enables NPO projects aimed at fostering collaboration between Hong Kong's professional services sector and external counterparts. 

Government opens professional services funding for non-profit organisations

This enables NPO projects aimed at fostering collaboration between Hong Kong's professional services sector and external counterparts. 

About four out of 10 Hong Kongers say fraudulent messages are more common than ever

More than half of the millennial population experienced online threats in the past year.

Online wholesale marketplace Markato enters Hong Kong

The startup enables a one-stop shop for retailers and buyers.

The majority of Hong Kong youth believe that financial advice-seeking is beneficial

The study reveals that family comes in third most reliable source of financial advice.

Hong Kong startup cools the world one stroke of paint at a time

i2Cool’s paint technology helps buildings reduce surface temperature by 40°C, allowing a 42% energy saving.