News
Hong Kong hailed as 4th priciest market in Asia for hiring expats
Hong Kong hailed as 4th priciest market in Asia for hiring expats
The average cost of employing a mid-level expatriate worker in the region is at $2.23m.
Guangdong-Hong Kong TCFS open for applications
One of the categories features 37 specific themes in different technology areas.
Nongfu seeks $8.35b in 2020's second biggest F&B IPO
It attracted five cornerstone investors who will purchase a combined $2.48b of the offering.
Hong Kong buyers rush for UK properties after security law
A weaker pound GBP since 2014 encouraged Hong Kong buyers to invest in the UK.
Inflation down 2.3% in July
The government’s payment of public housing rentals dragged it down.
Deadline of FRT concession arrangement for EVs extended
It was originally set for 31 March 2021.
China vows to support Hong Kong as a financial hub
The CBIRC assures that Hong Kong’s standing will not weaken.
Jobless rate dipped to 6.1% in May-July
It eased in the information and communication, professional and business services sector.
HKMA relaxes mortgage loan measures on non-residential properties
The adjustment takes effect from 20 August.
Credit card receivables up 0.2% in Q2
The combined delinquent and rescheduled ratio rose slightly to 0.47%.
Government unveils enhanced measures for Distance Business Programme
The funding period for subscription-based IT solutions will be extended from six to 12 months.
HKB Management Excellence Awards 2020 is now open for nominations
Entries will be accepted until 16 October 2020.
Export volume down 6.2% in H1
Total exports continued to decline for the fourth-straight month in June.
Cathay Pacific records $9.87b loss for H1
The airlines’ passenger business does not expect to make a recovery for some time.
95% of new office lettings in June occurred outside Central area
International brands, such as IWG and MUJI, are increasingly flocking to new areas.
InvestHK floats fast-track fintech programme
Up to 90 firms could get funding and partnership opportunities with large corporates and investors.
Hong Kong crisis deals $59.68b blow to property tycoons
CK Asset, Wharf and Sun Hung Kai are some of the property firms that took a big hit.