Hong Kong

Why women are leaving the legal profession 

About four in 10 lawyers have felt left out of career-building opportunities.

Why women are leaving the legal profession 

About four in 10 lawyers have felt left out of career-building opportunities.

Business situation improved in December 2022: gov’t

The diffusion index on business receipts for SMEs went up 46.1.

Lands Department to acquire land near Yuen Long 

The agency will develop it for public housing.

Hong Kong Airlines eye full operations by mid-2024

The carrier expects to increase its flight operations to 30 sectors per day by January.

Bank of China (Hong Kong) warns of fake website

Customers who logged in the fake website are advised to immediately contact the bank.

Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre

The 10,000-square-foot space is staffed by senior bankers and specialists.

High street rents to grow 8% in 2023: Colliers

This comes as Hong Kong and China reopen their borders

Hong Kong’s office sector growth hinges on China’s reopening

More than 3.2 million sq. ft of net floor area is expected in 2023. 

Warehouse vacancy up to 3.3% in 2022: Colliers

This is due to the completion of the logistics centre in Tuen Men

Interest rate hike cycle dims mass residential market outlook

Residential transaction volume was down 39.4% YoY in 2022.

Property transaction volumes hit lowest level in 10 years

There were only 101 big deals concluded in 2022.

Residential transactions in GBA to pick up by 20%-25% in 2023

In 2022, the GBA saw a 35% YoY decline in transactions. 

Retrofitting old buildings will increase rents, tenant satisfaction

JLL research showed that retrofitting old buildings will be cost effective.

Government to provide Hong Kong fresh impetus

This is to boost the city’s economic growth, Financial Secretary Paul Chan said.

Financial stability a priority for Hong Kong: finance secretary

Chan expects more support from mainland China as the latter’s economy recovers.

Firms revamp benefits to retain older workers as youth opt for opportunities abroad

A Randstad expert said employers should consider giving their employees financial literacy benefits.