Hong Kong Business

BOCHK warns of fake websites
The websites reportedly intend to steal customers’ data.
Hong Kong reports 8,600 average withdrawals per ATM in a month: study
Average usage levels per ATM is expected to rise as the number of ATMs decreases.
Exports volume climbs 28.6% YoY in January
Imports also rose by double digits.
Hong Kong’s PA&H insurance sector to reach $28.5b in 2028
This growth was driven by the increased health awareness brought by the pandemic.
CBRE leads Hong Kong’s commercial real estate sector in 2023
CBRE was also the global lead for the 13th consecutive time last year.
JLL sets opening bid prices for 3 commercial floors at Harbourfront Landmark 
Bidding starts at $163m and $487m for the 3/F and 5/F & 6/F, respectively.
ZA Bank has detected HK$4b of suspicious financial activities
Its real-time fraud monitoring system screens 100,000 transactions per day.
Gross national income climbs 8.8% YoY to $3.3t in 2023
In real terms, GNI increased by 4.9% YoY.
Manufacturing industrial productions up 3.7% in 2023
Sewerage, waste management, and remediation activities also saw growth in 2023.
Hong Kong deal activity falls 28.3% YoY in the first 2 months of 2024
In the whole of APAC, deal volume declined by 19.6% YoY.
Historic Jessville Manor sells for $207m
The Grade III residence has a GFA of 12,288 sq ft.
BOCHK warns of fraudulent website in phishing scheme
The case has been reported to Hong Kong authorities.
Search for talent remains challenging for C-level execs: Survey
Access to diverse talent pools proves significant to business demands.
Lower rates not enough to halt Hong Kong’s slowing economic growth: Natixis
Ongoing property woes a growing issue for its largest source of tax income.
Wheelock's SEASONS PLACE launches at 7-year low
The entry-level unit will be available at a price point of $4.472m.

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Exclusives

Exclusives

Food & Beverage Meat The Next’s dairy-free milk targets lactose-intolerant in Asia
Brands like The Matcha Tokyo and Pret A Manger in Hong Kong Science Park have adopted the startup’s product.
Financial Services UOB’s Christine Ip reflects on 3-decade banking career and circling back to the arts
Ip believes that finance and creativity go hand-in-hand in building a holistic pool of talents in UOB.
New eco-haven AIRSIDE boasts urban farm, smart bike parking system and more
The commercial property supplies its tenants with harvested produce from its urban farm.
Residential Property Hong Kong investors seek out Thailand properties for higher rental return, capital gains
Buyers from the city account for a third of foreign purchased homes in Thai developer MQDC’s portfolio.
Financial Services Fintech startup streamlines SME credit assessment for banks through AI
With InRiskable, banks can assess SMEs’ credit risks with 80% less time and 97% accuracy.
Shipping & Marine Hong Kong eyes late 2024 to early 2025 for LNG bunkering
Transport Minister Lam Sai-hung noted, however, that supply remains a challenge.

Top News

BOCHK warns of fake websites
The websites reportedly intend to steal customers’ data.
Hong Kong reports 8,600 average withdrawals per ATM in a month: study
Average usage levels per ATM is expected to rise as the number of ATMs decreases.
Exports volume climbs 28.6% YoY in January
Imports also rose by double digits.
Hong Kong’s PA&H insurance sector to reach $28.5b in 2028
This growth was driven by the increased health awareness brought by the pandemic.
CBRE leads Hong Kong’s commercial real estate sector in 2023
CBRE was also the global lead for the 13th consecutive time last year.
JLL sets opening bid prices for 3 commercial floors at Harbourfront Landmark 
Bidding starts at $163m and $487m for the 3/F and 5/F & 6/F, respectively.
ZA Bank has detected HK$4b of suspicious financial activities
Its real-time fraud monitoring system screens 100,000 transactions per day.
Gross national income climbs 8.8% YoY to $3.3t in 2023
In real terms, GNI increased by 4.9% YoY.
Manufacturing industrial productions up 3.7% in 2023
Sewerage, waste management, and remediation activities also saw growth in 2023.
Hong Kong deal activity falls 28.3% YoY in the first 2 months of 2024
In the whole of APAC, deal volume declined by 19.6% YoY.
Historic Jessville Manor sells for $207m
The Grade III residence has a GFA of 12,288 sq ft.
BOCHK warns of fraudulent website in phishing scheme
The case has been reported to Hong Kong authorities.
Search for talent remains challenging for C-level execs: Survey
Access to diverse talent pools proves significant to business demands.
Lower rates not enough to halt Hong Kong’s slowing economic growth: Natixis
Ongoing property woes a growing issue for its largest source of tax income.
Wheelock's SEASONS PLACE launches at 7-year low
The entry-level unit will be available at a price point of $4.472m.

Exclusives

Food & Beverage Meat The Next’s dairy-free milk targets lactose-intolerant in Asia
Brands like The Matcha Tokyo and Pret A Manger in Hong Kong Science Park have adopted the startup’s product.
Financial Services UOB’s Christine Ip reflects on 3-decade banking career and circling back to the arts
Ip believes that finance and creativity go hand-in-hand in building a holistic pool of talents in UOB.
New eco-haven AIRSIDE boasts urban farm, smart bike parking system and more
The commercial property supplies its tenants with harvested produce from its urban farm.
Residential Property Hong Kong investors seek out Thailand properties for higher rental return, capital gains
Buyers from the city account for a third of foreign purchased homes in Thai developer MQDC’s portfolio.
Financial Services Fintech startup streamlines SME credit assessment for banks through AI
With InRiskable, banks can assess SMEs’ credit risks with 80% less time and 97% accuracy.
Shipping & Marine Hong Kong eyes late 2024 to early 2025 for LNG bunkering
Transport Minister Lam Sai-hung noted, however, that supply remains a challenge.

Join the Hong Kong Business community