Hong Kong
Cash takes the crown: 22% say it will be the best investment in 2022
Cash takes the crown: 22% say it will be the best investment in 2022
It has beaten stocks and cryptocurrency.
Dah Sing Bank reopens four branches
They are open on weekdays.
Slow down of launches to spur competition in the residential market: JLL
2022 saw the number of applications for pre-sale consent surge to 7,094, the highest ever recorded.
OLA to continue subsidy efforts under Anti-Epidemic Fund's 6th round
The application period is set to last until 17 March.
Cryptocurrency in Hong Kong – Regulated or Not
With the second-highest engagement after the United States, Hong Kong continues to be a significant market for cryptocurrency.
Port cargo throughput decreased 14.3% YoY
The total throughput recorded was 213.7 million tonnes.
AIA acquires Blue Cross for $1.53b
This is set to expand the scope of the Bank of East Asia’s existing partnership with AIA.
Retail sales value up by 4.1% in January
The growth, however, was lower than the December 2021 record of 6.1%.
DBS Hong Kong suspends counter services in 14 branches
All branches will be closed every Saturday.
72.53% undivided shares in Chuan Kei Factory Building on sale for HK$700m
The industrial building in Kwai Ching will be sold on an “as-is” basis.
Hong Kong property sales down by 32.4% MoM in February
Total consideration for sale and purchase of properties also went down by 33.7% MoM.
Bill on rental moratorium may pressure tenants, landlords: CBRE
The proposed law will pose potential cash flow issues.
Around 5 of 10 FIs use robotic process automation
This is expected to grow as 31% plan to adopt RPA in the next 6 months.
Bank of East Asia temporarily closes 8 branches as employees test COVID positive
Infected employees caused bank branches to close until further notice.
76% of employers consider salary hikes in 2022: Hays
However, data showed people are expecting higher than what employers can give.
Hong Kong falls 19 places to 77th in latest liveability rankings
COVID-19 restrictions and tightened press freedom contributed to the dip in the list.
SMEs to receive half-price concession measures
It applies to new R&Ds, consultancy projects, and testing services.
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