Hong Kong Business

Residential block in Grampian Road sold via auction
It was sold for $404.25m to Gold Focus Holdings Limited.
HK’s share of Asian IPO at a slump: report
IPOs declined the lowest in more than two decades.
Property market most at risk as mortgage rates surge: report
The floating interest rates are affecting the property market.
Bank of China Hong Kong raises prime rate to 5.125% per annum
The bank also adjusted its HKD savings deposit rate to 0.125% pa.
Bank of East Asia raises savings rate to 0.125% per annum
It is also raising its HK dollar prime rate to 5.375% pa.
Consumer prices rise 1.9% YoY in August
The rate of increase was the same as last month.
Industrial leasing slows as global trade activities plunge in July: JLL
Global trade is negatively affecting leasing demand for industrial space.
Retail leasing continues recovery as quarantine measures eased: JLL
More leases are expected in the future as inbound visitor figures sighted to rise.
Residential sales jump 12.7% MoM in August
JLL attributed the increase to the handful of primary projects launched during the month.
HKMA raises its base rate to 3.50%
The new rate took effect on 22 September.
Employment in the private sector drops 1.3% YoY in June
Given the drop, vacancies rose by 38% YoY.
Gov’t launches consultation on MTR fare adjustment
The public may also send feedback until 19 December.

Join the Hong Kong Business community

Exclusives

Exclusives

Telecom & Internet How else can Hong Kong’s startup ecosystem improve
Microsoft created an incubation programme in partnership with the government.
HR & Education Achieving board diversity: It takes more than giving additional seats to women
Heidrick and Struggles CEO David Hui said the first step to diversity is identifying one's business objectives.
Residential Property Why tax deduction on domestic rents is not really a win for tenants
Under a newly passed bill, about $100,000 can be deducted from a tenant’s annual rent.
HR & Education How companies can successfully transition to hybrid work in just 2 steps
A Cisco official said a good hybrid workplace is where employees get to work the way they want.
Financial Services Here are five bad habits in insurance according to HK’s insurance regulator
These habits drag down Hong Kongers insurance literacy rate.
Hotels & Tourism On a day trip? This marketplace allows 2-hour hotel stay and anytime-check-in
With Flow, customers can cut 50% to 70% of the price they usually pay for an overnight stay.
Retail SleekFlow allows online sellers to offer checkout on social media chat boxes
Through its One Click Checkout feature, consumers do not need to visit a third-party website to complete their purchase.

Top News

Residential block in Grampian Road sold via auction
It was sold for $404.25m to Gold Focus Holdings Limited.
HK’s share of Asian IPO at a slump: report
IPOs declined the lowest in more than two decades.
Property market most at risk as mortgage rates surge: report
The floating interest rates are affecting the property market.
Bank of China Hong Kong raises prime rate to 5.125% per annum
The bank also adjusted its HKD savings deposit rate to 0.125% pa.
Bank of East Asia raises savings rate to 0.125% per annum
It is also raising its HK dollar prime rate to 5.375% pa.
Consumer prices rise 1.9% YoY in August
The rate of increase was the same as last month.
Industrial leasing slows as global trade activities plunge in July: JLL
Global trade is negatively affecting leasing demand for industrial space.
Retail leasing continues recovery as quarantine measures eased: JLL
More leases are expected in the future as inbound visitor figures sighted to rise.
Residential sales jump 12.7% MoM in August
JLL attributed the increase to the handful of primary projects launched during the month.
HKMA raises its base rate to 3.50%
The new rate took effect on 22 September.
Employment in the private sector drops 1.3% YoY in June
Given the drop, vacancies rose by 38% YoY.
Gov’t launches consultation on MTR fare adjustment
The public may also send feedback until 19 December.

Exclusives

Telecom & Internet How else can Hong Kong’s startup ecosystem improve
Microsoft created an incubation programme in partnership with the government.
HR & Education Achieving board diversity: It takes more than giving additional seats to women
Heidrick and Struggles CEO David Hui said the first step to diversity is identifying one's business objectives.
Residential Property Why tax deduction on domestic rents is not really a win for tenants
Under a newly passed bill, about $100,000 can be deducted from a tenant’s annual rent.
HR & Education How companies can successfully transition to hybrid work in just 2 steps
A Cisco official said a good hybrid workplace is where employees get to work the way they want.
Financial Services Here are five bad habits in insurance according to HK’s insurance regulator
These habits drag down Hong Kongers insurance literacy rate.
Hotels & Tourism On a day trip? This marketplace allows 2-hour hotel stay and anytime-check-in
With Flow, customers can cut 50% to 70% of the price they usually pay for an overnight stay.
Retail SleekFlow allows online sellers to offer checkout on social media chat boxes
Through its One Click Checkout feature, consumers do not need to visit a third-party website to complete their purchase.

Join the Hong Kong Business community