Hong Kong
Buildings dep’t approves 13 plans in November
Buildings dep’t approves 13 plans in November
It also gave the green light to start works on 11 building projects.
‘Subdued’ market sentiment speeds up home prices decline: report
Mass residential capital values dropped by 3.1% MoM in December, JLL said.
SMEs remain in ‘expansionary’ territory in Q4 2022
This is for the eighth consecutive quarter, OCBC noted.
After China reopening, Hong Kong sees economy will pick up growth
Financial Secretary Paul Chan said the city is quickly returning to normalcy.
Investment market in Hong Kong’s retail space ‘quiet’ in 2022: JLL
There were only a handful of lump sum transactions recorded during the year.
LegCo approves Stamp Duty amendment bill
The amended ordinance will come into force on January 27.
Residential prices to ‘bottom out’ in Q1 2023
This is due to a positive economic outlook.
Overall office rent declines by 3.7% in 2022: JLL
Vacancy rate in end-December rose due to new completions.
Hong Kong ranks fourth in global data centre market: report
It went up from sixth place last year, Cushman & Wakefield reported.
Office space in Lippo Centre, Admiralty on sale for $504m
The asking price is equivalent to $32,000 per square foot.
Mainland firms' influx brings new opportunities for local lawyers
GBA development allows qualified lawyers to practise domestic law within the area.
HK’s livi bank launches QR payment option
From now until 31 March, customers can earn rewards up to HK$500 per month.
Hong Kong Business celebrates outstanding enterprises in this year’s High Flyers Awards
This year’s awards programme saw 17 winners from a wide range of industries.
Export and import volumes drop double digits in November 2022
Prices, on the other hand, increased for both exports and imports.
Job postings for tourism in 2022 more than doubled since 2020: study
Aviation services sector also posted an increase in recruitment.
Number of registered companies hit 1.3 million in 2022
In 2022, there were 104,120 newly registered local companies.
PwC resigns as China Evergrande Group auditor due to disagreements
The resigned auditor did not receive significant matters in the financial statements.
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