News
Residential sales in July dampened by rate hikes
The average mortgage rate reached 2.5% by the end of the month.
Residential sales in July dampened by rate hikes
The average mortgage rate reached 2.5% by the end of the month.
Net effective rent of HK offices drop 0.1% MoM in July
Decline in rents was also observed across major office submarkets.
Industrial property leasing market remains subdued in July
Hong Kong suffered a spillover effect from lockdowns in Shanghai.
Website showcasing over 360 research and development outcomes launched
The website aims to promote reindustrialisation in HK, amongst others.
DBS Hong Kong names Betty Lam as managing director, head of HR
Lam had previous served in senior HR positions for HSBC, AIA, and PepsiCo.
DBS Hong Kong unveils fully-digital card loans
Customers can apply for a credit card via the DBS Card+ app.
HKEX posted net loss of $274m in Q2 22
The stock exchange experienced lower depository fees from e-IPOs.
WeChat Pay now available as payment method in Deliveroo Hong Kong
New users are entitled to an HK$50 voucher for single purchases of HK$100 or more.
Unemployment rate down 4.3% in May to July
Number of jobless persons declined by 10,400.
DBS appoints Dennis Lam as CEO of DBS Vickers Hong Kong
He was former the deputy head of research in DBS Hong Kong.
Yum China seeks primary listing in HKEX
It will be dual primary listed as it is also part of the NYSE.
HKTDC, Huatai International partner to support China’s dual circulation strategy
This is in line with China’s 14th five-year plan.
Citi names Aveline San as CEO of Hong Kong and Macau
San joined Citi in April 2019.
HK grants relief measures for public rental housing tenants
The SHC will waive the extra rent payable in the first 12 months after the rent adjustment.
Hing Wai Ice & Cold Storage for sale
The 12-storey facility features direct sea access along Aberdeen Harbour.
HKTDC inks agreement facilitating economic exchange with Aomori Prefectural Government
The agreement will create opportunities for businesses in both locations.
Sha Tin lot to be launched for sale on Aug. 19
The site will be sold by public tender.
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