Hong Kong

Property market slump boosts occupiers’ and home buyers’ bargaining power

Real estate agents said tenants ask for up to 30% discount when renewing office leases.

Property market slump boosts occupiers’ and home buyers’ bargaining power

Real estate agents said tenants ask for up to 30% discount when renewing office leases.

Average Hongkonger would take 11 work days to afford latest iPhone

The average salary in the country is $17,728 gross monthly.

‘Optimism’ drives credit activity growth in Hong Kong

Hong Kongers are more optimistic about their household finances for the next 12 months.

SW Hong Kong’s Gloria So stresses proactive technology in risk management crucial to addressing unforeseen challenges

Alongside technological integration, companies must prioritise data security and privacy by implementing robust cybersecurity measures and complying with data protection regulations.

ESG compliant workspaces fuel talent attraction

A Colliers expert tells occupiers to put ESG at the forefront when assessing location strategies.

Entertainment and media veterans need not fear generative AI – expert

Media expert says AI technology will even benefit senior practitioners in E&M industry.

Hong Kong’s flex desk rates highest in APAC

Experts predict rates in the city to increase by 3% in 2023.

Standard Chartered HK to maintain good loan quality, profitability

The non-performing loan (NPL) ratio will likely increase as well, however.

Foreign currency reserves hit US$418.4b in August

It fell from the US$421.6b record in July.

More hotels pivot to co-living for better margins, stable cash flow

From 2020 to 1Q23, around 6 to 7 hotels have been acquired for conversion to co-living spaces.

4 key factors for HK firms to succeed in SE Asia

SG, Thailand, Vietnam, and Malaysia top local firms’ preferred destinations for expansion.

Gov't issues new tranche of retail green bonds

Residents can subscribe in $10,000 increments.