Hong Kong
HK lands 5th in world competitiveness ranking
HK lands 5th in world competitiveness ranking
The city’s economic performance, business efficiency, and infrastructure improved.
Hong Kong regulators enhance collaborative efforts in enforcement
Strategic collaborations streamline investigations and enforcement efforts.
Companies adapt to new HKEX climate disclosures
Enhanced transparency and strategic adjustments drive corporate responses to the amended ESG Framework at the Hong Kong Stock Exchange.
Hong Kong office rents fall amidst high vacancies
Increased competition and market vacancies drive rental prices down.
Hong Kong funeral industry embraces green burials
Rising demand for sustainable funeral practices shapes the market.
New law aids HK businesses against Mainland infringers
Reciprocal legal enforcement aids cross-border commerce.
Mortgage loans value drop 15% MoM to $17.9b in February
The outstanding value of mortgage loans remained virtually unchanged at $1.85t.
Hong Kong retail sees positive momentum amidst policy relaxation: report
This year reflected a significant uptick compared to the previous year with a $2b weekly run rate.
Slow sales drag retail property market although leasing rates “strong”
Structural change and shifts in visitors are some challenges the market may face.
2 in 5 workers concerned over AI use in admin work: survey
Demand for AI remains high with employers in 2024.
Cathay Pacific eyes 12% lower carbon intensity by 2030
The airline will utilise sustainable fuels from 2024 onwards.
Hong Kong pins hopes on policy shift to hit 2.5% GDP target
Private residential property prices declined by 5.4% in 4Q23.
1 in 3 businesses prioritise emerging technologies: survey
Hong Kong ranked second globally as most optimistic about budget growth at 49%.
Hong Kong maintains fourth place in global finance index
The Government attributes the current ranking to the “one country, two systems” principle.
Kaisa Prosperity gross profit climbs 2.2% YoY in FY23
Total GFA under management amounted to 102.3 million sq.m.
Henderson Land Development’s profit rises to $9.26b in 2023
The proposed final dividend will be distributed to shareholders on 21 June 2024.
Hong Kong’s Buildings Department approves 20 building plans in January
The department has also issued 20 occupation permits across different locations.
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