News

65% of bosses rejected promotions in the last three years: study

Employees are not given promotions due to a lack of managerial capabilities.

65% of bosses rejected promotions in the last three years: study

Employees are not given promotions due to a lack of managerial capabilities.

Entertainment and media revenue to make up 60% of Hong Kong's revenue by 2023

It will primarily be driven by the OTT segment’s 18.7% CAGR to $3.14b.

Property investments in Guangzhou and Shenzhen rose to $61.91b in 2018

Guangzhou accounted for 60% of transactions of over $113.39m.

Hong Kong beats Singapore in ease of doing business

It ranks the fourth easiest place to do business in Asia.

Hang Seng Bank extends FPS QR code payment solution to 1,000 merchants

Retail merchants can provide their customers with an additional contactless payment option at the point of sale.

Clearbridge Health expands Hong Kong presence with 1,500 sqft clinic

The new clinic features a dedicated space to hold educational health talks for medical tourist agents and patients.

Hong Kong salaries grew 5.1% in 2019

Jobs in public relations, digital marketing and insurance saw the highest pay hikes.

ESR Cayman delays US$1.4b Hong Kong IPO

The deal would value the company at US$6.2b.

Hong Kong's property prices hit all-time high

Centaline’s Centa-City Leading Index was at 189.42 as of 26 May.

Property market to rebound in 2019 as investors chase decentralised assets

One notable deal was PAG’s $11.77b acquisition of Mapletree Bay Point in Kwun Tong in February.

Hong Kong ranks as eighth most attractive office location for tech tenants

Its proximity to Shenzhen is cited as one of the “wild card” factors.

Hong Kong beats US but trails Singapore in world competitiveness rankings

The city had stellar scores in government and business efficiency.

Alibaba's US$20b Hong Kong IPO could pressure rates up

Hong Kong’s short-term rates have tumbled since 2018 amidst tepid demand.

Hong Kong's second-richest man passes on massive property empire

Lee Shau Kee’s sons will succeed as joint-chairmen of Henderson Land Development Co.

Hong Kong's quality of life is the world's 44th best: report

Meteoric property prices put Hong Kong behind cheaper Asian cities.

China East Education seeks up to US$680m in Hong Kong IPO

It is offering 435.8 million shares priced at $9.80 to $12.26 apiece.

Exports down 2.6% to $321.5b in April

Double digit export volume declines were recorded in India, Taiwan and the US.