News
Are developers snapping up hotel land to convert into higher yielding offices?
Are developers snapping up hotel land to convert into higher yielding offices?
The office sector continues to enjoy heated interest from investors.
Total visitor arrivals up 9.6% to 15.61m in Q1
Ongoing recovery in Mainland tourism buoyed headline figures.
Retailers ramp up street shop leasing activity in April as sales recover
Major shopping centres posted as much as 10% boost in sales performance.
Hong Kong East and Kowloon dethrone Central in April as tenants embrace lower rents
The two markets accounted for over three quarters of new office lettings last month.
Government urged to cap shipping and maritime tax rate at 8.25%
The move ensures that the local tax regime can compete with international maritime hubs.
Home sales balloon 56% to 6,646 transactions in April
Mainland buyers snapped up posh homes, buoying luxury transactions growth to 44%.
Xiaomi IPO to make millionaires out of rank and file workers
Fifty six employees who pooled money to fund the startup in 2010 can make 200-fold return.
Inflation jumps 1.9% for fourth straight month in April
Prices for food and basic utilities like electricity, gas and water continue to rise.
Millennials are jostling for space in Hong Kong's property ladder
A third (34%) of mortgage applicants in 2H2017 were millennials born from 1980 to 1994.
Flexible working spaces in Hong Kong doubled in past three years
There are more than 50 operators covering over 1m sq ft in land area.
Insurance tax bill gazetted
It enables a tax deduction for residents buying health insurance under the VHIS.
Property developer to default on dollar bonds amidst rising borrowing costs
Hsin Chong Group’s inability to pay its debt mimics Noble Group's insolvency situation.
Citigroup fined $57m for IPO sponsor failures
The SFC slammed Citi’s ‘inadequate and substandard’ due diligence work on Real Gold’s flotation.
Will Hong Kong's shopping boom meet another devastating end?
The recent surge in retail sales may not even last for the second half of 2018.
Unemployment dips to 2.8% in February-April
Higher employment in the education sector kept the job market tight.
Seven in 10 Hong Kongers abandon dream jobs with drawn out applications
Almost 90% believe that a reasonable waiting period for feedback is up to one month.
Tax amendment bill passed
It aims to implement tax measures proposed in the 2018/19 budget speech.
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