Hong Kong

It will run from 28 September to 13 October.

A stronger HKD and higher price tags drove up its cost of living.

There were 10,128 sales and purchase agreements in April alone.

According to Hong Kong Police statistics, financial losses due to cybercrime reached $2.77b in 2018 in the territory, almost doubling the figure for 2017. As technology becomes more sophisticated and ubiquitous, cybercriminals’ skills and tools are evolving and cybersecurity experts are having to work harder to catch up.

If the share sale pushed through, the firm would have raised an estimated $9.12b.

Mainland China visitors accounted for three-fourths of visitor arrivals.

The proposed adjustment took into account cost of living and pay claims, amongst others.

The hottest roles will include data scientists, UI engineers, and full stack developers.

Upgrades in transportation links may not be strong enough to offset visitors' weakening purchasing sentiments.

The property market could be warming up.

Decentralisation also slowed due to a low availability of spaces over 20,000 sqft.

The 840-room hotel draws aesthetic inspiration from Alice's Adventures in Wonderland.

The search is on for the leading exporters in Asia.

Volumes rose by 49% YoY to 8,208 deals.

Employees are not given promotions due to a lack of managerial capabilities.

Hong Kong is emerging as a digitally sophisticated nation being named by The Digital Evolution Index, the third most advanced digital economy in APAC, and the ninth in the world. The city was named as one of just 10 digital elites, characterised by high levels of digital development and a fast rate of digital evolution. Further, according to the Asian Digital Transformation Index, Hong Kong is recognised as one of the top thriving economies thanks to new-age, digital capabilities– only behind Singapore, South Korea, and Japan. It’s predicted that digital transformation will add $70.6b (US$9b) to Hong Kong’s GDP in the next three years, and increase the economic growth rate by 0.5% every year. Digital technologies such as cloud computing, Internet of Things and artificial intelligence contributed only 5% to Hong Kong’s GDP last year, and is expected to grow in value by a whopping 60% by 2021. If that doesn’t paint a clear enough picture, another telling sign that Hong Kong is a digitally ready nation is that consumers are themselves adjusting rapidly to a digital future. Additional research conducted by Verint and Opinium Research LLC, drawing on interviews with more than 2,000 people in Hong Kong, show that Hong Kongers are more comfortable than their regional neighbours having their enquiries attended to digitally. Whilst they like to speak to someone in person or on the phone for support at times (55%), this will drop to 50% in the next 5 years when 1 in 2 customers will turn to pure digital channels for support include AI-driven technologies, chatbots and virtual personal assistants.