In Focus
HK economy grows 4.1% YoY in 3Q23
HK economy grows 4.1% YoY in 3Q23
Despite the increase, the government cut its 2023 economic growth forecast to 3.2%.
‘Emotional loyalty,’ the new way retailers retain customers
In Hong Kong, one in two consumers buy only from brands they trust so keeping that relationship exciting pays off.
Manulife Singapore targets rapidly growing high-net-worth market
New data suggests young beats old in appetite for investments.
Hong Kong faces 68% demand-supply deficit for sustainable workplaces: JLL
APAC must accelerate retrofitting of buildings to meet this demand.
Greenwashing in banking: real concern or overblown issue?
Reputational risks abound for those who drag their feet about sustainability or engage in greenwashing.
Relaxation of property cooling measures a ‘band-aid solution’ - expert
The government has reduced Buyer’s Stamp Duty to 7.5%, amongst others.
Revival yet to come for Hong Kong’s real estate market
Only the retail market has demonstrated resilience, with high-street shop rents rising by 2.1% QoQ.
Ticketing and membership platform extends customer journeys through NFTs
Moongate allows event organisers to build relationships with their attendees post-event and beyond.
Rich Hongkongers invest for extra income and future personal healthcare: report
Affluent Hong Kong residents also invest through discretionary portfolio management.
Brands that act with empathy win trust of Hong Kong consumers
An IPSOS report showed that consumers’ trust towards businesses has been eroding.
Brands that act with empathy win trust of Hong Kong consumers
An IPSOS report showed that consumers’ trust towards businesses has been eroding.
6 steps to HK’s resurgence
PwC said the city still faces strong headwinds including slower-than-expected recovery of the Chinese Mainland economy.
Property market slump boosts occupiers’ and home buyers’ bargaining power
Real estate agents said tenants ask for up to 30% discount when renewing office leases.
Entertainment and media veterans need not fear generative AI – expert
Media expert says AI technology will even benefit senior practitioners in E&M industry.
4 key factors for HK firms to succeed in SE Asia
SG, Thailand, Vietnam, and Malaysia top local firms’ preferred destinations for expansion.
Hong Kong’s most notable real estate agents under 40
Majority of agents in the list are experts on the office market.
High interest rates stall foreign property deals in Hong Kong
Bank mortgage rates for commercial properties in the city can be as high as 6%.
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Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong