Hong Kong
Retailers turn to experiential selling to combat sales slump
Retailers turn to experiential selling to combat sales slump
Brands are urged to enhance their own mobile platforms in an effort to sustain the connection with customers long after they have left the store.
Restaurant receipts down 11.7% to $26.4b in Q3
This is the worst year-on-year decline recorded since the SARS outbreak in 2003.
Retail sales down 18.3% in September
Retail sales are expected to stay weak in the near term as local social incidents continue.
Hong Kong is the 7th costliest office fit-out market in APAC
Soaring AV/IT costs add to the expensive builders’ works.
Developers to shift away from nano flats
The supply of nano flats will shrink starting 2022.
Biopharma firm SinoMab BioScience seeks $1.75b in IPO
It is focused on the treatment of immunological diseases, with a focus on mAb-based biologics.
Hong Kong sinks into recession
GDP slumped 3.2% into region’s worst performance since the 2009 global financial crisis.
Hong Kong economic growth may plunge into negative territory by end-2019
Both domestic and external demand remained weak.
EY's Hong Kong wavespace focuses on unlocking blockchain's potential
The company aims to use the space to help its clients achieve digital maturity.
IWG deepens Hong Kong footprint in sleek Hennessy Road space
Spanning 22,700 sqft, the workspace offers 60 private offices and 270 workstations.
Bank profits may take hit amidst protests
Asset quality will also weaken, according to analysts.
Bank of East Asia forges digital banking partnership with five firms
Customers can apply for loans and purchase products online in these platforms.
AXA Hong Kong's LifeDelight Insurance Plan goes live
The new plan offers life protection up to age 138.
Hong Kong urged to boost $2b economic stimulus
Some subsidies may drive consumption overseas or remain useless amidst the protests, argued Natixis.
Air transport body calls on HKA to fix financial situation
The authority warned to take action unless the situation improves.
Luxury condo prices down 1.7% in Q3 as the rich rein in spending
Hong Kong Island’s luxury home sales crashed 90% to just 10 in September from 100 in April.
Exports down 7.3% to $347.7b in September
Total exports to Asia slipped 4.5% YoY.
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