Hong Kong

This represents an improvement from the record high of 7.2% between December 2020-February 2021.

More than 50% of Generation Z workers in Hong Kong say they are struggling.

The total number of commercial real estate transactions rebounded by as much as 2.6x YoY.

The result represents a drop from $131.58m profit recorded in the six months ending in February 2020.

Only Central saw its vacancy rate drop during last month.

The sale shall be by way of transfer of shares of the company.

42% of the respondents shared the sentiment that e-commerce was helping them through the current crisis.

The Hang Seng Index (HSI) closed down by 513.81 points or 1.76% at 28,621.92 on Wednesday. This is due to Asian markets’ growing concerns over resurgence of COVID-19 outbreaks, weighing on global investor sentiments.

It surpassed its US$700m booking guidance for the quarter.

JLL has identified eight drivers that will bring Hong Kong to “New Heights”.

Mortgage applications in the area have risen 40% over the past year.

The company posted a net loss of $289.9m in 2019 but bounced back during the pandemic.

The figure is as of 31 March this year.

The acquisition by its wholly-owned subsidiary has a consideration of $87.8m (RMB73.54m).

It is the largest USD corporate loan for ESR to date.

The Hang Seng Index (HSI) closed on Tuesday up by 29.58 points or 0.10% to 29,135.73. This was due in part to gains in financial stocks, as well as capital inflows from the Mainland.