News

High street shop rents rise 14.8% YoY in 2023

In 2024, experts expect rents to climb by only 5%-10%.

High street shop rents rise 14.8% YoY in 2023

In 2024, experts expect rents to climb by only 5%-10%.

Grade A office vacancy rises to 12.9% in 2023

The subdued demand led to a 5.3% decrease in overall rents.   Demand for Grade A offices remained subdued, leading to a 5.3% decrease in overall rents by the end of November. 

Over 50% of Hongkongers anticipate a drop in home prices in the next 12 months

With this expectation, half of Hongkongers expressed disinterest in purchasing a property in 2023.

HKCMP urges collective effort to improve the local capital market

The newly inaugurated association aims to serve as a bridge between market players and regulators.

HKPC launches aviation programme for secondary students

The programme will provide students with theoretical and practical training.

Resigning? Salary increment for switching jobs to be lower in 2024

Employees changing jobs can expect an increase of 5%-10% from their current salary.

What are the most searched properties in Hong Kong in 2023?

Two of the 10 popular searches are shopping complexes.

HKEX to support Qingdao-based companies seeking listing in Hong Kong

The bourse will host seminars for Qingdao-based enterprises.

Gov’t heightens estate penalties for public housing

The enhanced measure will take effect on December 18.

Hong Kong rises as top destination for Mainland tourists

Three in 10 Mainland tourists plan to splurge on their Hong Kong trip.

Hong Kong rejects negative credit outlook rating

Moody's downgraded Hong Kong’s outlook rating from stable to negative.

Gov’t expands elderly service network

About 140 private residential homes will now provide day respite services.

Henderson Land, Towngas mull collaboration on smart energy solutions with Saudi Aramco 

The parties are already exploring potential international collaborative model in areas such as biofuels.

Deliveroo Hong Kong taps Nick Price as new general manager

Price will oversee Deliveroo’s business in the city. 

HK, Saudi Arabia ink investment promotion pact

The pact will strengthen economic relations between the two markets.