Hong Kong

Shinewing’s Andy Wong shines light on business trends and recovery in Hong Kong

The Hong Kong Business Awards judge tells what it takes for businesses to succeed in these challenging times.  

High-street shops in HK see 'strongest' rental growth since 2013

Rents rose 1.2% quarter-on-quarter in the second quarter of the year.

CITI to provide fund services for Income Partners’ MRF Northbound Fund

It will also provide share class hedging services amongst others.

HKEX launches new funding scheme for local NGOs

It will extend some $10m for short-to-medium term local community projects.

Property sales up 4.6% in June

Total sales amounted to $92.6b during the month.

Which real estate sectors will benefit most from HK’s recovery?

CBRE reported office and retail sectors are likely to be the biggest gainers.

Nearly 30% shell out half their income for rent: survey

The median monthly rent of low-income households amounted to RMB5,000 (US$773).

Xinyi Glass secures $3b syndicated loan for green projects

The funds will be used to purchase clean energy-powered equipment.

Aoyuan’s contracted sales up 33% to US$10.4b in H1

The gross floor area sold is approximately 5.96 million square metres.

Over 1.5 million apply for Hong Kong’s e-consumption voucher

The vouchers, worth $5,000, may be used at online and physical stores in retail, F&B, and other services.

Hong Kong raises fund for 5G deployment

The funding was raised to $100m from $50m.

Zylox-Tonbridge estimates $2.37b gains in global offering

The company has set its offer price at $42.7 per share.

Hong Kong intensifies air cargo security

This comes as the International Civil Aviation Organization’s air cargo security policy takes effect.

Licensed corporations up to 3,159 in 2020/21: SFC

The total number of licensees and registrant rose to 47,178.

Retail sales up 10.5% to $29.6b in May

The sector will remain challenged despite expected boost from e-vouchers launch.

New railway to drive up residential demand in Tokwawan

The completion of Tuen Ma Line is expected to benefit home prices in the area.