News

China's ZJLD Group seeks to raise $6.37b in HK IPO

It is offering a total of 490.7 million shares.

OUE Lippo Healthcare, CUHK to operate the international medical centre

Prince Bay Hospital is seen to be commissioned in 2024 with over 200 beds. 

3 in 4 SMEs expect sales growth in 2023

Business optimism has prompted 58% of SMEs to increase their headcount.

5 factors pushing Singaporeans to visit Hong Kong

Singaporeans' travel consideration to HK rose between February to March.

How many years do Hongkongers need to work to become a millionaire?

The average wage of workers in Hong Kong is $22,281 (US$2,839).

Grade A office rents contract 1.3% QoQ in Q1

The decrease in rents in Island East drove the overall decrease.

Sunac China resumes trading after ‘debt restructuring’

The real estate firm said it fulfilled the resumption guidance.

More than half of Hongkongers fear job loss

Employers must take proactive steps to ensure employee confidence about the future.

Total investment deals down 16% YoY to $9.1b in Q1 23

Buyers were cautious as the interest hike impacts border reopening.

HK warehouse vacancy remain stable at 3.4% in Q1

The drop in exports contributed to the performance of the market.

Commercial Building in Tsim Sha Hui up for sale

The "Grade A" 22-storey property has a gross floor area of 58,584 square feet.

Vacancy in HK Grade A offices dip 0.2 pp to 15.1% QoQ

But the trend is expected to raise due to companies' cost control policies.

Foreign currency reserves hit US$430.7b in March

It rose from the US$429.1b  record in February.

Compulsory sale applications drop 24% in 2022

But JLL expected a more visible return in the second half of 2023