In Focus

Pay cuts, salary stagnation await workers in post-pandemic workplace

Pay cuts, salary stagnation await workers in post-pandemic workplace

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

The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.

Auditing services hoist accounting firms as mergers tail off

Compliance work remains their strongest suit, but the way they do it drastically changed.

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.