In Focus

One in four businesses expects operating situation to worsen in Q4
28 Oct 20
Hiring in manufacturing, retail expected to decrease during the quarter.
Crisis speeds up online banking take-up twice fold
22 Oct 20
Lenders scramble to ramp up digital offerings amidst a new normal of remote banking.
Auditing services hoist accounting firms as mergers tail off
22 Oct 20
Compliance work remains their strongest suit, but the way they do it drastically changed.
COVID-19 sped up digitalisation, innovation in Hong Kong: survey
21 Oct 20
Some businesses are confident that their business will soon recover.
Amidst a crisis, Mox Bank sees boundless opportunities
17 Oct 20
The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.
Office leasing, rents still on decline in Q3
15 Oct 20
Grade A CBD rents continued to dip by 5.1%.
Hong Kong grants new round of subsidies to tourism sector
29 Sep 20
Around 1,700 licensed travel agents will receive $5,000 per staff member.
Pay cuts, salary stagnation await workers in post-pandemic workplace
24 Sep 20
Salary hikes will be few and far, but it’s not all doom and gloom as companies transition to the new normal.
Hong Kong firms mull downsizing office space to save bottomlines
22 Sep 20
Companies with more than 500 staff are most likely to consider reducing space.
Labour market remains 'austere' in June-August
21 Sep 20
F&B unemployment rate remained high at 14.4% during this period.
GDP shrunk 8.1% in Q2
15 Sep 20
Total income earned by residents fell 7.5%.
Home prices to drop 10% by end-2020
9 Sep 20
Property prices in The Harbourside are now 10.6% compared to January 2019.
Investors hope for double-digit returns despite economic fallout
5 Sep 20
Hong Kong investors are predicting annual returns of 10.3% from their stock market investments.
Hong Kong eases social distancing measures from 28 August
26 Aug 20
Cinemas, beauty parlors and selected outdoor outdoor sports premises will reopen.
GDP shrinks 9% in Q2
18 Aug 20
Private consumption expenditure fell 14.2% during the period.
Chinese renewable firms move away from Hong Kong bourse
12 Aug 20
Relisting in China could allow a better mix of debt and equity funding.
PMI further contracted to 44.5 in July: IHS Markit
5 Aug 20
New orders, input prices and business confidence deteriorated at a quicker rate.
Debates arise on security law's effects on Hong Kong finance sector
12 Jul 20
Is there really a capital exodus from Hong Kong to Singapore?
Meet ZA Bank, Hong Kong's first virtual-only lender
12 Jul 20
The bank’s slogan of co-creation belies a strong charm offensive of attractive deposit rates.
Employers weigh in options in facing the “new normal”
12 Jul 20
Staggered return and split teams may not be enough to squash their employees’ concerns.
Local startup scene attracts overseas founders to set up in Hong Kong
6 Jul 20
Startups are getting a lot of opportunities from various subsidies and partnerships.
Hong Kong named 3rd largest IPO market
17 Jun 20
Hong Kong IPO markets are set to have remained strong in H1.
Property sector continues to recover in Q2
10 Jun 20
The posh homes segment continues to dominate the overall property scene.
MBA providers turn to online schooling following pandemic
7 Jun 20
Many universities have closed their campuses amidst the double whammy of protests and COVID-19.
Businesses adapt to the time of Corona
31 May 20
Hong Kong business leaders reveal how they are coping, and adapting, to the new environment.
Startup funding goes low key amidst COVID-19 and social unrest
31 May 20
The total value of startup deals hit $9.84b, a 39% YoY drop compared to last year.
Hong Kong's economic crisis spills over to venture capital activity
31 May 20
VC investors have yet to see the end of their woes, even as domestic volatility has already dragged investment down.
Exports down 3.7% in April
26 May 20
Exports in non-metallic mineral manufactures led the decline.
Hong Kong banks' asset quality battered by COVID-19 and protests
17 May 20
Exodus of corporate clients, mortgage risks, and dropping credit card use pose a big threat on revenues.
Hotels make further room rate cuts to survive
17 May 20
Some have resorted to offering rates cheaper than the city’s subdivided flats.
Hong Kong amongst the last to recover from COVID-19: analyst
13 May 20
The region will likely go back to its pre-COVID levels by Q1 2021.
What makes a successful mobile ad campaign?
3 May 20
A 30-second ad gets 12% less in revenue compared to a 15-second ad.
Home deals crashed 27% in January to February
6 Apr 20
Prices could fall by another 10-20% by end-2020.
Hong Kong's retail sector may see its worst period yet as stores close down
30 Mar 20
Thousands of employees in the industry are set to lose their jobs in the next six months.
Lack of government support could turn Hong Kong's economy for the worse
30 Mar 20
Its $19b fiscal stimulus package might be too small and regressive, according to experts.
Office net absorption slumps to 189,300 sqft in February
25 Mar 20
Rents in Central also contracted by 3.2% MoM to $116.1 psf.
Traditional insurers lead but digital firms are rapidly rising
23 Mar 20
Virtual insurers are getting out fresh products for underserved segments in the insurance market.
Property valuation to take a hit if political situation worsens
18 Mar 20
There has been growing demand from Mainland occupiers in the city’s office sector.
Tumbling retail and hospitality sectors weigh on employment
9 Mar 20
In contrast, the hype around virtual banks and fintech adoption may counter the worsening unemployment.
Unrest bolsters demand for corporate rescue services
9 Mar 20
Despite headwinds, demand for regulatory practice and advisory on cross-border issues may still grow.

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