News
Job market strengthens with high demand in Greater China tech: survey
Job market strengthens with high demand in Greater China tech: survey
Expected salary increase has dropped to 10-15% in 2020.
Office rental growth hits decade-low in October
Rents have dropped 1.6% MoM to $74.3 per sqft.
Nearly 4 in 5 employees mull overseas work for career growth
67% said they would do so for a higher salary.
Inflation slows to 3.1% in October
Food products rose sharply at 13.3% due to elevated pork prices.
Hong Kong's top execs and teams hailed at HKB Management Excellence Awards 2019
Close to 70 corporate leaders attended the awards ceremony.
F&B sector's unemployment rises to six-year high in August-October
Unemployment in consumption and tourism sectors rose to 5% during the period.
Property investments down 32% to $3.67b in Q3
This is the fifth-straight quarter of decline.
Real GDP forecast revised down to -1.3% for 2019
Revised GDP figures revealed that the economy contracted 2.9% in Q3.
Two-thirds of accountants expect recession spill-over into 2020
2 in 5 expect GDP to decline by over 1%.
Alibaba prices Hong Kong retail investors' offer at up to $188 per share
Up to 575 million shares is up for grabs.
Export volumes contract 7.8% in September
This marks the seventh straight month of decline.
Causeway Bay remains the world's most expensive shopping street in 2019
Rents in Russell Street can go as high as $2,745 psf per year.
Portion of Kai Tak runway sold for $15.95b
The amount was slashed by up to 20% from the top price range.
Hong Kong salaries to rise 1.4% in 2020, still amongst Asia's lowest: study
This is well below APAC’s average salary increase of 3.2%.
Business activity sinks to record-low as PMI drops to 39.3 in October
Demand from mainland China fell at the sharpest rate in 21 years.
Singapore's CapitaLand sells Citadines Mercer Hong Kong for $581.1m
The property has an agreed value of $129.4m.
Four mobile networks buy 5G spectrum for $665.13m
The assignment of the spectrum will take effect in December.