Hong Kong

Cryptocurrency in Hong Kong – Regulated or Not

With the second-highest engagement after the United States, Hong Kong continues to be a significant market for cryptocurrency. 

Cryptocurrency in Hong Kong – Regulated or Not

With the second-highest engagement after the United States, Hong Kong continues to be a significant market for cryptocurrency. 

Port cargo throughput decreased 14.3% YoY

The total throughput recorded was 213.7 million tonnes.

AIA acquires Blue Cross for $1.53b

This is set to expand the scope of the Bank of East Asia’s existing partnership with AIA. 

Retail sales value up by 4.1% in January

The growth, however, was lower than the December 2021 record of 6.1%.

DBS Hong Kong suspends counter services in 14 branches

All branches will be closed every Saturday.

72.53% undivided shares in Chuan Kei Factory Building on sale for HK$700m

The industrial building in Kwai Ching will be sold on an “as-is” basis.

Hong Kong property sales down by 32.4% MoM in February 

Total consideration for sale and purchase of properties also went down by 33.7% MoM.

Bill on rental moratorium may pressure tenants, landlords: CBRE

The proposed law will pose potential cash flow issues.

Around 5 of 10 FIs use robotic process automation

This is expected to grow as 31% plan to adopt RPA in the next 6 months.

76% of employers consider salary hikes in 2022: Hays

However, data showed people are expecting higher than what employers can give.

Hong Kong falls 19 places to 77th in latest liveability rankings

COVID-19 restrictions and tightened press freedom contributed to the dip in the list. 

SMEs to receive half-price concession measures

It applies to new R&Ds, consultancy projects, and testing services.

Fifth Covid wave to lower residential sales volumes and retail sales: Moody's

Companies are expected to weather out disruptions for up to 6 months.

Gov't postpones retail green bonds launch

The postponement aimed to decrease the risk of COVID-19 spread.

7 of 10 Hongkongers priotise compensation in career choice: Randstad

Non-financial employee benefits were found rarely considered.