Hong Kong
It’s the most wonderful time of the year!
It’s the most wonderful time of the year!
We’re taking the time off and will be back on 6 January 2025.
Emperor Capital Group's net profit rebounds to $66.4m in 2024
Basic earnings per share stood at $0.98.
Transport Department adds AlipayHK to fare subsidy scheme
Single journey fares paid with AlipayHK will be recorded in the AlipayHK account.
Crypto adoption in Hong Kong lags at 24% despite rising optimism
Trust remains a challenge with 33% of non-users citing security concerns.
Only 48% of Hong Kong consumers eye spending more on luxury next year
Over 10% of consumers are cutting back on categories like handbags (9%) and travel experiences (4%).
Specific licensing regime needed for fiat-referenced stablecoins
Hong Kong is still a leader in tokenised asset markets with the government’s multi-currency digital green bond issuance.
Adoption of employee share plans rise over 10% amongst HKEX listing companies
In 2023, 68.5% of companies adopted employee share plans before their IPO, compared to 57.3% in 2013
Smaller land parcels key in boosting developer participation
The government should simplify land sales conditions and divide sites into smaller parcels to attract more developers, JLL said.
Hotel conversion into student housing presents investment opportunity: Knight Frank
Driven by the shortfall in student accommodation and the growing demand for affordable living spaces.
Hong Kong’s most notable lawyers under 40
Eleven men and nine women made it to the list.
Hong Kong GDP growth seen at 2.1% on weak consumption
Inflation is also expected to rise next year.
Hong Kong’s REIT market may grow with regulatory reforms: Deloitte
Introducing corporate REIT structures and easing property holding rules could address these challenges, says Deloitte.
Hong Kong Airlines returns to Sendai, Japan after 13 years
One in every three Hong Kong residents travels to Japan annually.
Nearly 1 in 5 holiday e-commerce transactions in HK flagged for fraud
65% of consumers plan to make over half of their holiday purchases online.
Gov't approves bill to resolve payment issues in construction sector
The ordinance will be published in the Government Gazette on 27 December.
Businesses to focus on sustainability, workforce upskilling in 2025: report
This is due to shifting investor demand for sustainability and limited tech talent.
Hong Kong’s insurance sector could see 3% to 4% salary hikes in 2025
Hong Kong is expected to maintain steady hiring activity in 2025 despite sluggish economy.
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