In Focus
Crisis speeds up online banking take-up twice fold
Crisis speeds up online banking take-up twice fold
Lenders scramble to ramp up digital offerings amidst a new normal of remote banking.
COVID-19 sped up digitalisation, innovation in Hong Kong: survey
Some businesses are confident that their business will soon recover.
Office leasing, rents still on decline in Q3
Grade A CBD rents continued to dip by 5.1%.
Hong Kong firms mull downsizing office space to save bottomlines
Companies with more than 500 staff are most likely to consider reducing space.
GDP shrunk 8.1% in Q2
Total income earned by residents fell 7.5%.
Home prices to drop 10% by end-2020
Property prices in The Harbourside are now 10.6% compared to January 2019.
Investors hope for double-digit returns despite economic fallout
Hong Kong investors are predicting annual returns of 10.3% from their stock market investments.
Hong Kong eases social distancing measures from 28 August
Cinemas, beauty parlors and selected outdoor outdoor sports premises will reopen.
GDP shrinks 9% in Q2
Private consumption expenditure fell 14.2% during the period.
Chinese renewable firms move away from Hong Kong bourse
Relisting in China could allow a better mix of debt and equity funding.
PMI further contracted to 44.5 in July: IHS Markit
New orders, input prices and business confidence deteriorated at a quicker rate.
Debates arise on security law's effects on Hong Kong finance sector
Is there really a capital exodus from Hong Kong to Singapore?
Meet ZA Bank, Hong Kong's first virtual-only lender
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”
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
Startups are getting a lot of opportunities from various subsidies and partnerships.
Hong Kong named 3rd largest IPO market
Hong Kong IPO markets are set to have remained strong in H1.
Property sector continues to recover in Q2
The posh homes segment continues to dominate the overall property scene.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong