Hong Kong

Citi appoints new Hong Kong insurance head

Citi appoints new Hong Kong insurance head

She was formerly the Chief Partnership Distribution Officer at Prudential.

AXA Hong Kong launches green rebate program for business clients

This is activated if clients fully utilise their eClaim services.

Investors abandon HK's office sector in Q122: report

Office has been overtaken by other core sectors in terms of investment volume.

Lifting of flight ban boosts Cathay Pacific’s passenger total by 82.2% 

This is, however, still 98.7% lower than April 2019 figures.

Barratt Developments appoints JLL as its sales and marketing agent in HK

JLL will be tasked to promote the developer's UK homes to HK investors.

Retail sales drop 13.8% YoY in March

The local epidemic situation dampened consumption confidence.

Businesses lost over $1.18b due to hidden exchange rate markups

There were hidden exchange rate markups when sending cash overseas.

Beyond survival: SMBs can ramp up business by harnessing the power of innovation

The fifth COVID wave in Hong Kong has brought unprecedented challenges to small-and-medium-sized businesses (SMBs) but signs of recovery are already starting to emerge. A recent survey conducted by CPA Australia found that 57% of SMB respondents expect their revenue to stay at a normal level or even grow in the next three months.

Material costs main obstruction in construction activity in HK: survey

About 78% of those surveyed said they are also having access issues to materials.

Hong Kong GDP to shrink by 4.0% YoY in Q122: estimates

This will mark the first contraction since Q4 2020.

Fifth wave delays recovery of HK’s commercial property market

Amongst the hardest hit was retail, recording a 6.8% QoQ drop in high street shop rents.   It may take a longer time before things get better for the commercial property market, as the fifth wave slowed down its path to recovery.

Global law firm returns to SGX-listed Hongkong Land’s portfolio

White & Case moving to York House, property under Hongkong Land.

Hong Kong rise to 4th in Asia-Pacific in 2021 women entrepreneurs index

It posted a 64.7 score which is an unchanged status from 2020.

Hong Kong investment market to recover in H2: Colliers

This is on the back of sustained investor interest for quality assets.