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In Focus
Hong Kong's ‘zero case' stance may delay opening borders past 2022
21 Jan 21
Continued travel ban may have a significant impact on the country’s GDP.
More business closures, layoffs imminent after Lunar New Year: Chan
19 Jan 21
The finance secretary said the current situation is still severe.
Legal Briefing: Higher fines set for health and safety offenders
12 Jan 21
New fines may stifle small businesses, court watchers have warned.
Retail sales decline narrowed in November
6 Jan 21
Sales of department store commodities showed biggest fall.
Commercial property market price corrections ‘less severe' in 2021: report
11 Dec 20
Leasing demand remains subdued with -2.5 million square feet net absorption.
Hong Kong PMI rises by 0.3 point in November
4 Dec 20
The November PMI stands as the highest reading since March 2018.
Retail sales decline slows to 8.8% in October
1 Dec 20
But sales may deteriorate again after Hong Kong registers fourth wave of COVID cases.
Pay cuts, salary stagnation await workers in post-pandemic workplace
26 Nov 20
Salary hikes will be few and far, but it’s not all doom and gloom as companies transition to the new normal.
Amidst a crisis, Mox Bank sees boundless opportunities
26 Nov 20
The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.
Hong Kong's housing shortage unlikely safeguard against sharp price plunge: S&P
24 Nov 20
The pandemic measures in Hong Kong have aggravated its preexisting economic problems.
Auditing services hoist accounting firms as mergers tail off
19 Nov 20
Compliance work remains their strongest suit, but the way they do it drastically changed.
Two in three adults to shop on festive sales if ‘the price is right'
17 Nov 20
Around 2.8m people plan to shop during the current festive season sales.
Crisis speeds up online banking take-up twice fold
13 Nov 20
Lenders scramble to ramp up digital offerings amidst a new normal of remote banking.
Middle management bears highest mental stress level: survey
10 Nov 20
55% of middle management said their companies provided support.
GDP dips 3.4% in Q3
6 Nov 20
Private consumption expenditure improved to 7.7% from Q2.
One in four businesses expects operating situation to worsen in Q4
28 Oct 20
Hiring in manufacturing, retail expected to decrease during the quarter.
COVID-19 sped up digitalisation, innovation in Hong Kong: survey
21 Oct 20
Some businesses are confident that their business will soon recover.
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.
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.
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Most Read
Hong Kong's ‘zero case' stance may delay opening borders past 2022
More business closures, layoffs imminent after Lunar New Year: Chan
Remote work spaces to impact consumer life: report
Hong Kong IPO activities to remain active in 2021: EY
Cybersecurity concerns rise over WhatsApp new privacy policy
Vitasoy International jumps ranks in global 100 most sustainable companies
Office leasing down in Q4, expansion demand to remain thin: CBRE
Startup Greater Bay Airlines files application to operate
Hong Kong Business hails top-of-the-line companies at the High Flyers Awards 2020
Cathay Pacific reveals board changes
Rankings
Traditional insurers lead but digital firms are rapidly rising
Mainland interim measures bolster arbitration scene
Spotlight
Hong Kong Business recognises the most innovative products of 2020
Asian Export Awards 2020 commends leading exporters in the region
HKB hails top executives and teams at Management Excellence Awards 2020
Find out who won at the HKB Technology Excellence Awards 2020
Check out the winners of the first China International Business Awards and Technology Excellence Awards
Hong Kong Business recognises outstanding companies in 2020
Hong Kong Business salutes the crème de la crème at the High Flyers Awards 2019