Hong Kong
Gov’t registers 14 land transactions in 4Q23
Gov’t registers 14 land transactions in 4Q23
The transactions realised a total land premium of $492m.
Registered non-HK companies rise 2.02% YoY
There are 14,826 non-Hong Kong companies registered in the region by the end of 2023.
HKTB appoints Liew Chian Jia as Regional Director of Southeast Asia
Liew will succeed Martin Gwee.
12,000 jobs, $4b boost: Unpacking Deliveroo impact on Hong Kong’s restaurant industry
Six in 10 restaurants said the company helped them develop their business.
HKIA rules face 2024 overhaul, await legislative approval
There are four draft rules covered in the second round of consultation.
First floor of Hong Kong Diamond Exchange Building up for sale
The asset has a total floor area of around 3,600 sq ft.
Gov't to sell 2,359 green form GSH flats
Sizes of flats under the scheme range from 26 sqm to 60 sqm.
What are Hong Kong parents’ most preferred destinations for overseas education?
Seven in 10 plan to send their children abroad for tertiary education.
Business sentiment amongst SMEs improve in December
The current diffusion index on business receipts amongst SMEs increased to 45.5.
HKEX, Xi’an gov’t ink cooperation agreement
Under the MoU, parties will support Xi’an-based companies seeking a listing in Hong Kong.
Octopus expands taxi QR payments
Operators can now accept payments from UnionPay, AlipayHK, and Alipay.
Foreign property buyers increase in Hong Kong
Transactions involving three major stamp duties rose 46% MoM in December.
High-interest rates to hold back demand for property investments: CBRE
In 2023, the effective mortgage rate increased by 75 bps to 4.125%.
Gov't grants university title to Caritas Institute of Higher Education
The institution will change its name to Saint Francis University.
HK Chief Exec concerned over Cathay Pacific flight cancellations
The Transport & Logistics Bureau will be in contact with the airlines’ management, CE John Lee said.
AlipayHK warns of phishing messages
There are individuals sending out messages claiming to be from AlipayHK.
Prudential Hong Kong is ‘core’ subsidiary in next 2 years – S&P Global Ratings
The Hong Kong subsidiary is seen to contribute 15% to 20% CAGR to the parent company.
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Strategic location tips for playgroups and education centres