In Focus
Property valuation to take a hit if political situation worsens
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.
Accounting difficulties lie ahead as Hong Kong sinks into recession
The number of fraud and dispute cases grows, leading to a strong demand for advisory services on forensics.
Government cuts taxes, waives fees to rescue embattled enterprises
It will cost the government $18.3b in total.
Mainland interim measures bolster arbitration scene
All 11 applications for interim measures in HKIAC have so far come from law firms.
Here's the real deal on age discrimination in Hong Kong
Age does matter, but older workers are not always at a disadvantage when it comes to finding jobs.
Unemployment rate edged up to 3.2% in September-November
The unemployment rate in F&B service activities sector reached an eight-year high.
PMI plunges to 15-year low in November
Business sentiment was also at its lowest since 2012.
Spooked investors back long-term debt as default and recession risks rise
Approximately $3.2t in Chinese debt is poised to mature by 2023, spelling trouble for Hong Kong.
Expats keep options open as protests dent ‘world city' appeal
Foreigners may turn to destinations like Singapore, Indonesia and Vietnam in light of increasing unrest.
Hotels and shops take heavy beating as protests reverberate across Hong Kong
In August alone, tourist arrivals plunged 40% in its sharpest decline since the 2003 SARS crisis.
Retail sales plunge 24.3% to $30.1b in October
Luxury items continued to lead declines with a 42.9% drop in sales value.
Exports fell 9.2% to $348.5b in October
The city recorded a trade deficit of $30.6b or 8.1% of imports.
Tech, real estate deals buck PE decline as Chinese deal appetite falls
Exits are becoming tougher and investors have no choice but hold onto assets as returns decline.
Retailers turn to experiential selling to combat sales slump
Brands are urged to enhance their own mobile platforms in an effort to sustain the connection with customers long after they have left the store.
Bank profits may take hit amidst protests
Asset quality will also weaken, according to analysts.
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