Hong Kong Business

Hang Seng Bank to launch RMB counter on 19 June
The bank’s shares will be designated as dual counter securities by the stock exchange.
8-storey building on Kwa Wan Road, Kowloon sells for $1.071b
New Fortress Investment Limited won the auction.
Office demand to remain subdued in 2023: JLL
Given the situation, rents will likely fall by 3%-5% this year.
Here are two factors impacting workplace productivity in HK
A report showed that workers will return to the office if they have their dedicated space.
‘Gradual’ IPO market recovery seen in second half: PwC
IPO fundraising continued to be slow in the first half of the year. 
What are the 3 main challenges faced by family offices in Hong Kong?
Almost 50% of APAC family offices are headquartered in Hong Kong and Singapore.
Standard Chartered to cut jobs in Singapore, Hong Kong: report
The bank reportedly aims to save about $1.35b by 2024.
HSBC, FreightAmigo launch Ship Now, Pay Later in Hong Kong
Users will be able to utilise the digital logistics platform and choose extended payment terms.
More than 60% of Hong Kongers receive pay hikes: report
The average increase stood at 4.1%, the highest in the last four years. 
Hong Kong ends 4-year reign as most expensive location for expatriates
In Asia, however, it remains the most expensive location.
Cathay to pay deferred dividend of $1.5b to HK government
The airline said it has been operating cash generative so far in 2023.
Centurion to withdraw listing from HKEX
The company will retain its primary listing on the SGX.
Second-stage of minimum wage consultation kicks off
Citizens can send views using an e-form or by post.
BOCHK warns customers against phishing messages, fake app
The case has been reported to the HKMA and the police.

Join the Hong Kong Business community

Exclusives

Exclusives

‘Wall-less’ office tears down barriers to collaboration amongst AnyMind’s creatives
The office opens up for employees to collaborate, relax, feed off one another’s energy, and enjoy ‘happy hour’ and ‘mental space.’
Auction houses thrive on Asian millennials’ art-buying power
Millennials are seen to be particularly drawn to contemporary art as growth for Christie’s, Sotheby’s, and Phillips are highly anticipated in art hubs Hong Kong and Singapore.
Commercial Property Phillips’ ‘minimalist’ HQ showcases diverse collection of Asia’s finest art
The 50,000-square-foot headquarters features a purposely built auction room on the ground floor.
Hong Kong’s livi bank launches game-changing app for SMEs
Going fully digital on opening accounts and approving quick loans to SMEs raises ‘livi Business’ disbursements to over HK$70m (US$8.9m) as of end-April.
Media & Marketing 5 ways to ensure brand growth when working with micro-influencers
Businesses confirm ‘micro is mighty’ as brands make US$5.78 per US$1 spent on influencer marketing.
Financial Services Bankers face sluggish hiring market, layoffs in Hong Kong
Industry insiders reveal how investment banks prioritize cost efficiency and productivity over hiring new employees.

Top News

Hang Seng Bank to launch RMB counter on 19 June
The bank’s shares will be designated as dual counter securities by the stock exchange.
8-storey building on Kwa Wan Road, Kowloon sells for $1.071b
New Fortress Investment Limited won the auction.
Office demand to remain subdued in 2023: JLL
Given the situation, rents will likely fall by 3%-5% this year.
Here are two factors impacting workplace productivity in HK
A report showed that workers will return to the office if they have their dedicated space.
‘Gradual’ IPO market recovery seen in second half: PwC
IPO fundraising continued to be slow in the first half of the year. 
What are the 3 main challenges faced by family offices in Hong Kong?
Almost 50% of APAC family offices are headquartered in Hong Kong and Singapore.
Standard Chartered to cut jobs in Singapore, Hong Kong: report
The bank reportedly aims to save about $1.35b by 2024.
HSBC, FreightAmigo launch Ship Now, Pay Later in Hong Kong
Users will be able to utilise the digital logistics platform and choose extended payment terms.
More than 60% of Hong Kongers receive pay hikes: report
The average increase stood at 4.1%, the highest in the last four years. 
Hong Kong ends 4-year reign as most expensive location for expatriates
In Asia, however, it remains the most expensive location.
Cathay to pay deferred dividend of $1.5b to HK government
The airline said it has been operating cash generative so far in 2023.
Centurion to withdraw listing from HKEX
The company will retain its primary listing on the SGX.
Second-stage of minimum wage consultation kicks off
Citizens can send views using an e-form or by post.
BOCHK warns customers against phishing messages, fake app
The case has been reported to the HKMA and the police.

Exclusives

‘Wall-less’ office tears down barriers to collaboration amongst AnyMind’s creatives
The office opens up for employees to collaborate, relax, feed off one another’s energy, and enjoy ‘happy hour’ and ‘mental space.’
Auction houses thrive on Asian millennials’ art-buying power
Millennials are seen to be particularly drawn to contemporary art as growth for Christie’s, Sotheby’s, and Phillips are highly anticipated in art hubs Hong Kong and Singapore.
Commercial Property Phillips’ ‘minimalist’ HQ showcases diverse collection of Asia’s finest art
The 50,000-square-foot headquarters features a purposely built auction room on the ground floor.
Hong Kong’s livi bank launches game-changing app for SMEs
Going fully digital on opening accounts and approving quick loans to SMEs raises ‘livi Business’ disbursements to over HK$70m (US$8.9m) as of end-April.
Media & Marketing 5 ways to ensure brand growth when working with micro-influencers
Businesses confirm ‘micro is mighty’ as brands make US$5.78 per US$1 spent on influencer marketing.
Financial Services Bankers face sluggish hiring market, layoffs in Hong Kong
Industry insiders reveal how investment banks prioritize cost efficiency and productivity over hiring new employees.

Join the Hong Kong Business community