Hong Kong

Managing conversations to increase conversions

Enterprises that used chat management platform, imBee, saw a 25% increase in sales. 

Managing conversations to increase conversions

Enterprises that used chat management platform, imBee, saw a 25% increase in sales. 

Tenement buildings in Kowloon sold for $260m

It was sold to Apex Intelligence Limited.

Cathay opens experiential retail space in Cityplaza shopping mall

Customers can scan products through QR code and use flexible modes of payment.

Foreign currency assets down by $25.5b in October: HKMA

The decrease was attributed to the sale of US$ under currency board arrangements.

Customs ratifies reciprocal trade facilitation for 13 markets

The government signed mutual recognition arrangement documents.

Gov’t deficit rises to $275.75b 

In August, the deficit was at $183b.

Approved mortgage loans drop 4.7% MoM in October

The drop was likely due to the decrease in applications during the same month.

New completions raise Grade A office vacancy rate to 11%: JLL

The completion of Two Taikoo Place contributed to the vacancy rate.

Hungry for money: 6 in 10 millennials will work more to increase their wealth

They are even willing to compromise their relations to maximise their riches.

Rising interest rates, weakening economy dampen residential property demand

Residential sales were down 18.8% MoM in October, according to the Land Registry.

DBS Asia Capital names Lindsay Chu as new CEO

Prior to joining DBS, has worked senior roles in HSBC, Nomura, and J.P. Morgan.

HK, Guangdong launch cooperation projects on IP 

The projects cover areas such as cross-boundary IP protection.