Hong Kong

Grade A office rents shrink 3.8% in Q2

This contraction marks the fourth consecutive quarter of decline with average vacancy rate hitting nearly 6%.

Over a quarter of Hong Kong employees experienced 30% pay cut

Enterprises have been forced to reduce wage expenses to maintain financial health.

HSBC, StanChart push remote work as COVID cases rise anew

City officials have detected 40 local cases on 14 July.

Luxury home transaction volume rebounded in Q2

The super-luxury segment also saw its volumes spike in the same quarter.

No.16 and No.18 Gage Street in Central sold for $332m

The building comprises six storeys with street-level shops.

Hong Kong to drive GBA's second stage of growth

It will provide a gateway to global capital markets for mainland Chinese firms in the region.

Highways Department signs contract for CKR works

This comprises the construction of buildings and is expected to cost about $5.67b.

Government rolls out subsidy for precious metals trading industry

This is said to provide relief to members and practitioners registered with CGSE.

Commercial property sales volume fell 70% in Q2

This comes as economic recession and local political turmoil weighed on buyers’ decisions.

Debates arise on security law's effects on Hong Kong finance sector

Is there really a capital exodus from Hong Kong to Singapore?

Meet ZA Bank, Hong Kong's first virtual-only lender

The bank’s slogan of co-creation belies a strong charm offensive of attractive deposit rates.

Employers weigh in options in facing the “new normal”

Staggered return and split teams may not be enough to squash their employees’ concerns.

Act now to prevent data breaches

Proactive steps to avoid data breaches

Commercial property investments plunged 71% in H1

This marks the lowest for a six-month period since 2009.

HKMA sells $8.14b into market as currency hits strong end of trading band: report

The aggregate balance will increase to $146.93b ($18.96b) on 9 July.