Hong Kong Business

GDP shrinks by 4% YoY in Q1
This is a reversal from the growth in the previous four quarters.
DBS, CNTIC ink $122m green bridge loan deal to fund wind farm project
The project will be in Tomislavgrad and Livno in Bosnia and Herzegovina.
Citi appoints new Hong Kong insurance head
She was formerly the Chief Partnership Distribution Officer at Prudential.
AXA Hong Kong launches green rebate program for business clients
This is activated if clients fully utilise their eClaim services.
Investors abandon HK's office sector in Q122: report
Office has been overtaken by other core sectors in terms of investment volume.
What are the keys to overcoming challenges hammering the construction sector?
The sector's major challenges include supply chain and labour shortages.
Lifting of flight ban boosts Cathay Pacific’s passenger total by 82.2% 
This is, however, still 98.7% lower than April 2019 figures.
SCPG to acquire 50% interest of CITIC Capital’s Changsha mall
The two firms signed an agreement for the acquisition.
Barratt Developments appoints JLL as its sales and marketing agent in HK
JLL will be tasked to promote the developer's UK homes to HK investors.
Retail sales drop 13.8% YoY in March
The local epidemic situation dampened consumption confidence.
Businesses lost over $1.18b due to hidden exchange rate markups
There were hidden exchange rate markups when sending cash overseas.
Hong Kong GDP to shrink by 4.0% YoY in Q122: estimates
This will mark the first contraction since Q4 2020.
Global law firm returns to SGX-listed Hongkong Land’s portfolio
White & Case moving to York House, property under Hongkong Land.

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Exclusives

Exclusives

Financial Services Prepare to go cashless or pay the price
One in three consumers will abandon a purchase if they cannot pay for it digitally.
Insurance Time for a comeback? Hong Kong’s top 50 insurers show a 9.75% surge in assets
Health and wellness products still remain a priority for the industry.
Residential Rent control bill aims to bury abusive ‘coffin home’ landlords
A ban on rent hikes in the first 2 years and caps on increases after that have landlords worried.
HR & Education Competing for the best talent in Hong Kong’s shrinking talent pool
About 85% of employers are concerned about the talent shortage.
Retail Should Hong Kong’s brick-and-mortar retailers ride the e-commerce wave?
Surprisingly, retailers will need to cater more to the 62.1% of Hong Kongers who prefer to shop in-store.
Building & Engineering Israel and Hong Kong forge fertile business bonds
The Head of Economic and Commercial Mission for the Consulate General of Israel says several of its companies are keen on entering the Hong Kong market.
Commercial Property How Hong Kong’s real estate scene will fare in agents’ eyes
Residential prices, as well as retail and office rents, will likely grow in 2022.

Top News

GDP shrinks by 4% YoY in Q1
This is a reversal from the growth in the previous four quarters.
DBS, CNTIC ink $122m green bridge loan deal to fund wind farm project
The project will be in Tomislavgrad and Livno in Bosnia and Herzegovina.
Citi appoints new Hong Kong insurance head
She was formerly the Chief Partnership Distribution Officer at Prudential.
AXA Hong Kong launches green rebate program for business clients
This is activated if clients fully utilise their eClaim services.
Investors abandon HK's office sector in Q122: report
Office has been overtaken by other core sectors in terms of investment volume.
What are the keys to overcoming challenges hammering the construction sector?
The sector's major challenges include supply chain and labour shortages.
Lifting of flight ban boosts Cathay Pacific’s passenger total by 82.2% 
This is, however, still 98.7% lower than April 2019 figures.
SCPG to acquire 50% interest of CITIC Capital’s Changsha mall
The two firms signed an agreement for the acquisition.
Barratt Developments appoints JLL as its sales and marketing agent in HK
JLL will be tasked to promote the developer's UK homes to HK investors.
Retail sales drop 13.8% YoY in March
The local epidemic situation dampened consumption confidence.
Businesses lost over $1.18b due to hidden exchange rate markups
There were hidden exchange rate markups when sending cash overseas.
Hong Kong GDP to shrink by 4.0% YoY in Q122: estimates
This will mark the first contraction since Q4 2020.
Global law firm returns to SGX-listed Hongkong Land’s portfolio
White & Case moving to York House, property under Hongkong Land.

Exclusives

Financial Services Prepare to go cashless or pay the price
One in three consumers will abandon a purchase if they cannot pay for it digitally.
Insurance Time for a comeback? Hong Kong’s top 50 insurers show a 9.75% surge in assets
Health and wellness products still remain a priority for the industry.
Residential Rent control bill aims to bury abusive ‘coffin home’ landlords
A ban on rent hikes in the first 2 years and caps on increases after that have landlords worried.
HR & Education Competing for the best talent in Hong Kong’s shrinking talent pool
About 85% of employers are concerned about the talent shortage.
Retail Should Hong Kong’s brick-and-mortar retailers ride the e-commerce wave?
Surprisingly, retailers will need to cater more to the 62.1% of Hong Kongers who prefer to shop in-store.
Building & Engineering Israel and Hong Kong forge fertile business bonds
The Head of Economic and Commercial Mission for the Consulate General of Israel says several of its companies are keen on entering the Hong Kong market.
Commercial Property How Hong Kong’s real estate scene will fare in agents’ eyes
Residential prices, as well as retail and office rents, will likely grow in 2022.

Join the Hong Kong Business community