In Focus
Accounting firms brace for IPO boom by hiking wages
Accounting firms brace for IPO boom by hiking wages
Average annual remuneration packages in accounting stands at $817,000.
Neighbourhood malls and flex spaces prop up weakening property market
Lesser-known neighbourhood malls are cashing in from a more stable source of income and product mix.
TNG opens hub to nurture Hong Kong's fintech talent
Located at the heart of Hong Kong Island, the 25,800 sqft space aims to serve the thriving fintech community.
How power players are reducing reliance on coal
Through a joint venture, HK Electric and CLP Power are building an offshore LNG terminal as part of plans to import LNG for the first time.
Landlords offer rental cuts amidst worsening economy: report
Retail rents in prime areas could fall by as much as 10% in 2019.
Tech and finance jobs buck salary stagnation trend in Hong Kong
In-demand programmers and regulatory specialists can command a 30% raise.
Can Hong Kong retain the global IPO crown as US rivals step up game?
The number of listings in Q1 fell short of last year’s record with only US$4.63b raised across 52 deals in May.
Virtual bank data scientists are driving bank hiring
Employers are now looking for more data scientists and full stack developers for mobile and web applications that go beyond the traditional set of tech skills.
How Manulife is breaking growth ceilings in rapidly ageing and costly Hong Kong
Customer satisfaction is quantified at Manulife which puts the customer at the centre of everything it does.
How can local brands tug at Hong Kong consumers' heartstrings?
Only 7% of locals will choose homegrown brands over global ones, a study found. More people across the world have been putting their money to their homecourt with 56% saying that they trust local brands more than global brands in 2018, according to a study by advertising giant McCann. In APAC alone, local brand believers are a bit higher than the global average at 59%.
Grade A office net absorption slumps to 139,500 sqft in June
Rents also fell 0.3% MoM to accelerate space backfilling.
Office rents fall for first time in five years in Q2
Leasing costs fell 0.4% led by declines in Central and Wanchai/Causeway Bay.
Hong Kong could raise up to $300b via IPOs in 2019
PwC predicts 200 public offerings in 2019, including 170 on the HKEX’s mainboard.
Singapore overtakes Hong Kong as Asia-Pacific's top source for outbound capital in Q1
Cross-border capital in Hong Kong crashed 37% to US$11.14b.
Home sales hit near-seven-year high in Q2
There were 10,128 sales and purchase agreements in April alone.
Can Hong Kong's first smart city relieve pressure off of space-starved Central?
Citibank, AXA, JP Morgan and Nike are some of the big-ticket names that chose to settle in Kowloon.
Is Hong Kong's residential market bottoming out?
Home prices in both the luxury and mass segment rebounded in Q1 2019.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong