Hong Kong Business

ESR Group privatisation bid gains Qatar sovereign wealth fund’s backing
The wealth fund’s owned company holds 127.3 million shares in the ESR Group.
Giant pandas’ arrival underscores HK’s ‘unparalleled’ logistics, says Lam
The transport of An An and Ke Ke involved extensive planning and collaboration amongst multiple agencies.
Investigation launched into Anderson Road Development project
Inspections showed that six beams on the 29th floor of Tower 3 lacked the specified steel reinforcements.
HK property sales down 18.7% in September
It is also a 1.3% decline compared to the same month last year.
Hong Kong retail sales down 10.1% in August
It was due to changing consumption patterns, a strong Hong Kong dollar, and increased summer travel.
Hong Kong amongst best economies for international business
It excelled particularly in international trade, business entry, and utility services.
HK property sales drop by 22% but anticipated rate cuts may spark rebound
Developers are preparing to launch new projects, anticipating pent-up demand after a rate cut, CBRE said.
Deliveroo opens new Hop site in Yau Tsim Mong District
The site will initially offer 1,800 grocery items.
Customs extends FTA scheme to Myanmar and Honduras
The FTA Scheme now covers cargo transshipments of 71 economies
DHL Express launches direct Hong Kong to Jakarta route
It is powered by the B737-800 freighter with a capacity of 20 tonnes.
Bank of East Asia, UDPN test stablecoin transfers via digital currency wallets
BEA was able to gain insights on CBDCs and the mechanism of stablecoins.
Hong Kong financial services market grows 60% 
This was due to the recovery of the city’s overall economy.
Hong Kong to focus on new development areas
Chief Executive John Lee outlined key development priorities.
Hong Kong home prices fall to eight-year low
Rent, on the other hand, has risen to its highest levels since August 2019.

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Exclusives

Exclusives

Commercial Property College homes, industrial sites a bright spot in Hong Kong property slump
Converted hotels and industrial estates offer investors a lifeline.
Markets Hong Kong's independent director caps face opposition
About 1,500 lingering and 23 overboarding INEDS in 810 and 181 firms are in the spotlight.
Insurance AIA offers welcoming, campus-inspired workplace
The insurance group’s headquarters in Hong Kong has an indoor track, gym and sports hall.
Healthcare Startup Surge Motion eyes US expansion 
The company is pioneering a technology in fall prevention for the elderly.
Healthcare OKOSIX eyes $5m funding to increase reach
The green-tech startup will use the funds to apply for global patents and scale production.
HR & Education Contracting jobs in high demand in Hong Kong
Interim hires, who don’t need fringe benefits, are favoured amidst corporate belt-tightening.
Retail Hong Kong shops need new strategy versus mainland
They must innovate, improve service or partner with their rivals amidst slumping sales.

Top News

ESR Group privatisation bid gains Qatar sovereign wealth fund’s backing
The wealth fund’s owned company holds 127.3 million shares in the ESR Group.
Giant pandas’ arrival underscores HK’s ‘unparalleled’ logistics, says Lam
The transport of An An and Ke Ke involved extensive planning and collaboration amongst multiple agencies.
Investigation launched into Anderson Road Development project
Inspections showed that six beams on the 29th floor of Tower 3 lacked the specified steel reinforcements.
HK property sales down 18.7% in September
It is also a 1.3% decline compared to the same month last year.
Hong Kong retail sales down 10.1% in August
It was due to changing consumption patterns, a strong Hong Kong dollar, and increased summer travel.
Hong Kong amongst best economies for international business
It excelled particularly in international trade, business entry, and utility services.
HK property sales drop by 22% but anticipated rate cuts may spark rebound
Developers are preparing to launch new projects, anticipating pent-up demand after a rate cut, CBRE said.
Deliveroo opens new Hop site in Yau Tsim Mong District
The site will initially offer 1,800 grocery items.
Customs extends FTA scheme to Myanmar and Honduras
The FTA Scheme now covers cargo transshipments of 71 economies
DHL Express launches direct Hong Kong to Jakarta route
It is powered by the B737-800 freighter with a capacity of 20 tonnes.
Bank of East Asia, UDPN test stablecoin transfers via digital currency wallets
BEA was able to gain insights on CBDCs and the mechanism of stablecoins.
Hong Kong financial services market grows 60% 
This was due to the recovery of the city’s overall economy.
Hong Kong to focus on new development areas
Chief Executive John Lee outlined key development priorities.
Hong Kong home prices fall to eight-year low
Rent, on the other hand, has risen to its highest levels since August 2019.

Exclusives

Commercial Property College homes, industrial sites a bright spot in Hong Kong property slump
Converted hotels and industrial estates offer investors a lifeline.
Markets Hong Kong's independent director caps face opposition
About 1,500 lingering and 23 overboarding INEDS in 810 and 181 firms are in the spotlight.
Insurance AIA offers welcoming, campus-inspired workplace
The insurance group’s headquarters in Hong Kong has an indoor track, gym and sports hall.
Healthcare Startup Surge Motion eyes US expansion 
The company is pioneering a technology in fall prevention for the elderly.
Healthcare OKOSIX eyes $5m funding to increase reach
The green-tech startup will use the funds to apply for global patents and scale production.
HR & Education Contracting jobs in high demand in Hong Kong
Interim hires, who don’t need fringe benefits, are favoured amidst corporate belt-tightening.
Retail Hong Kong shops need new strategy versus mainland
They must innovate, improve service or partner with their rivals amidst slumping sales.

Join the Hong Kong Business community