In Focus
MBA providers turn to online schooling following pandemic
MBA providers turn to online schooling following pandemic
Many universities have closed their campuses amidst the double whammy of protests and COVID-19.
Businesses adapt to the time of Corona
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
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
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
Exports in non-metallic mineral manufactures led the decline.
Hong Kong banks' asset quality battered by COVID-19 and protests
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
Some have resorted to offering rates cheaper than the city’s subdivided flats.
Hong Kong amongst the last to recover from COVID-19: analyst
The region will likely go back to its pre-COVID levels by Q1 2021.
What makes a successful mobile ad campaign?
A 30-second ad gets 12% less in revenue compared to a 15-second ad.
Home deals crashed 27% in January to February
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
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
Its $19b fiscal stimulus package might be too small and regressive, according to experts.
Office net absorption slumps to 189,300 sqft in February
Rents in Central also contracted by 3.2% MoM to $116.1 psf.
Traditional insurers lead but digital firms are rapidly rising
Virtual insurers are getting out fresh products for underserved segments in the insurance market.
Property valuation to take a hit if political situation worsens
There has been growing demand from Mainland occupiers in the city’s office sector.
Tumbling retail and hospitality sectors weigh on employment
In contrast, the hype around virtual banks and fintech adoption may counter the worsening unemployment.
Unrest bolsters demand for corporate rescue services
Despite headwinds, demand for regulatory practice and advisory on cross-border issues may still grow.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong