News

HK moves New Zealand to its list of ‘medium risk’ countries

HK residents and travelers from NZ will now have to undergo longer quarantine.

Check out the historic auction result for Patek Philippe at Only Watch 2021

The manufacturer was able to sell off the Ref. 27001M-001 desk clock at SFr9.5m.

Better Home Group feels heat of new listing transparency rules

The Chinese drying rack maker was asked to disclose five conditions.

Link REIT to buy 50% interests in 3 Sydney malls for $398.16m

The HK-listed REIT said the acquisition will be funded by cash and debt.

Private housing land supply unshaken by unsuccessful Tung Chung tender: gov’t

MTR Corporation rejected all bids for the property dev't at the Tung Chung site.

Forex reserve assets slightly increase to US$498.1b

The total assets represent 48% of HK dollar M3.

HKSTP unveils R&D environment for testing fintech innovations

Banks and tech firms can use Fintech Virtual Lab to build and test innovations.

Opening of China border to impact HK’s retail market

Some retailers already saw an uptick in share prices.

How HKSTP and Ant Group plan to support fintech startups

The companies' joint initiative will provide venue and logistics support for startups.

Hong Kong restaurant receipts rise by 43.8% YoY to $24.5b in Q3

The government cited three factors that drove the increase.

How much do Hong Kongers need to save to immigrate?

At least HK$2.5m, 71% of a survey's respondents said.

Cyberport Investors Network’s investments cross the $1b mark

In the past year alone, CIN raised HK$496m in investments.

Northern Metropolis plan to boost housing prices in New Territories: analyst

Housing prices in the area have already grown 28.6% over the past five years.

What are the best platforms for influencer marketing in Hong Kong?

The most popular is Instagram, which is used by 53.77% of HK influencers.

Ascendas REIT issues HK$950m notes

The notes have a 2.63% fixed interest rate per annum.   Ascendas Real Estate Investment Trust (Ascendas REIT) issued HK$950,000,000 worth of notes with a 2.63% fixed interest rate per annum payable annually in arrear.

Will the property sector see development in its FY2022 earnings?

Analysts are already seeing a 4% increase in retail rental income for the next fiscal year.