In Focus
Business sentiment of SMEs ‘eases’ in July
Business sentiment of SMEs ‘eases’ in July
The current diffusion index dropped to 43.4 during the month.
HK cuts hotel quarantine period down to 3 days
This will be followed by a 4-day medical surveillance.
Why demand for nano flats is subsiding
Projects like SOYO in Mongkok only sold less than 30% of its 120 units.
HK falls to 8th place in list of places with the highest ex-pat packages
In Asia, the city also had the lowest rate of growth in pay and benefits for expatriates.
Total retail sales down 1.2% YoY in June
Total value for retail sales was $27.7b.
GDP dips 1.4% YoY in Q2: advance estimates
The decline was due to the weak performance in external trade.
Top 5 institutions where business and commerce majors want to work
The Hong Kong SAR government is one of the five.
Hotel investments in HK swells 70.5% in H122
The market reported $3.9b (US$504m) total sales volume.
Want to get hired? Internship experience is key: research
About 90% of employers also say value internship experience more than educational background.
Hong Kong is world’s second most attractive energy market for foreign direct investments
The city is the top pick in Asia, but its gap with Singapore is narrowing.
HK aims to regain crown as favoured arbitration hub with outcome-related fee structure bill
Under the arrangement, lawyers can make more if their case succeeds.
HK’s IPO market sees slowdown in H122
Funds raised in H122 plummeted by 92% YoY.
‘Worse than 2021’ German business confidence in HK at record low
The average score for business confidence was at 2.30.
Private sector employment dips 0.4% YoY in March
This has pushed job vacancies to 53,700.
Property on pause? Experts say recovery for companies in the sector will be delayed
Moody's Investors Service sees a 4% decline in full-year earnings of 11 companies.
What do Hong Kongers buy after getting a loan
Over 33% use a loan to purchase property.
After 25 years, has Hong Kong’s capital markets lost its sparkle?
Funds raised by IPOs in H122 are predicted to reach HK$17.1 b, a 92% decrease from 2021.
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Strategic location tips for playgroups and education centres