Hong Kong
Property sales down for third straight month in August
Property sales down for third straight month in August
Sales plummeted 30.4%, a $18.05b loss compared to a year earlier.
Hong Kong holds back capital outflows for now: Natixis
The HSI volatility index has shot up slightly above the VIX index, which reflects the global environment.
Fintech network Rapyd ties up with TNG Fintech Group
Over 10 e-wallets will be incorporated into Rapyd’s payment methods.
Tuen Mun site sold for $244.19m
It is designated for private residential purposes.
Retail sales fall 11.4% to $34.4b in July
Sales of jewellery, watches and clocks, and valuable gifts crashed 24.4% YoY.
Carezza wins in the furniture and fixture category at HKB National Business Awards
The company launched B2B branding revamp inspired by the Swiss design movement of the 1950s.
Keeping ‘business as usual' in the face of disruptive threats
Hong Kong topped the list as Asia’s most natural disaster-prone city in 2015, according to the Sustainable Cities Index. A few years have passed by, but business risks caused by disasters, such as storms and floods, have only expanded. Last September, Super Typhoon Mangkhut has caused damages and broken windows of even grade-A commercial buildings, including two of the city’s highest structures, International Finance Centre and International Commerce Centre. With over 60,000 reports of fallen trees and more than 600 road blockages , traffic was largely disrupted and so was business operations.
Overseas real estate investments fell 31% to $40.79b in H1
Total commercial real estate capital deployed to Singapore hit $10.96b.
UOB receives banking award at HKB IBA 2019 for its enterprising art programme
UOB Art Academy makes the community thrive through art whilst driving business sustainability.
ASSA ABLOY activates augmented smart shop, unlocks retail category award
The access solutions provider engaged shoppers with an activation campaign using AR.
Siemens wins Business Services Award at IBA 2019 with MindSphere
The German giant’s open cloud-based IoT operating system helps lay the foundation for Hong Kong’s smart city evolution.
Hong Kong Aircraft Engineering Company Limited wins National Business Award for transportation
Hong Kong Aircraft Engineering Company Limited (HAECO) launched a tracking solution for the company’s ground service equipment (GSE) at Hong Kong International Airport (HKIA).
Concord Medical wins in beauty & cosmetics category at HKB Designed in Hong Kong Awards
The company’s skin rejuvenation pad experienced a 100% increase in sales growth in the last three years.
Landlords offer rental cuts amidst worsening economy: report
Retail rents in prime areas could fall by as much as 10% in 2019.
Merrill Corporation recognised as fintech leader at HKB International Business Awards
The company won in the Financial Technology category for its DatasiteOne platform.
Dilys' fine jewellery showpiece takes the Luxury Award at the HKB Made in Hong Kong Awards
The Hong Kong fine jeweller reveals a transformable crown necklace adorned with certified stones in 18K white gold.
Hong Kong Business hails the most outstanding companies in 2019
The awards ceremony was graced by around 100 executives.