Hong Kong
7 in 10 HK-based firms eye overseas expansion
7 in 10 HK-based firms eye overseas expansion
Firms cited three key motivators for them to expand.
7 in 10 Hongkongers are optimistic about their financial health
They are more optimistic than Singaporeans.
Why are residential prices in Hong Kong losing growth momentum?
JLL cites two reasons.
60% of HK-based Japanese companies eye expansion of RCEP operations
RCEP markets, including Japan, accounted for 71% of HK’ total merchandise trade in 2022.
Startup enables business to capitalise on regulatory changes with predictive insights
Bilby.AI predicts regulations by tracking over 100,000 entities in China.
Number of applications for business support fund rising amidst return to normalcy
As of February 2023, HKPC approved around 5,700 applications.
8 in 10 SMEs say getting credit approval 'easier' in Q1: HKMA
Some, however, perceived the process to be "more difficult."
Gov't extends application for land sharing scheme to May 2024
The extension allows project proponents to prepare and submit the required information for their application.
One HarbourGate East Tower up for sale via tender
The property has a market value of $7b.
Commercial property sales drop 38.6% MoM in April
Cash-rich business owners drove transactions for the month.
Foreign currency reserves hit US$427.4b in April
It dipped from the US$430.8b record in March.
HK, Brunei join hands to strengthen dispute resolution
The cooperation would further promote HK as a centre for international legal and dispute resolution.
HKEX launches Swap Connect
The programme will forge connectivity between the capital markets of Hong Kong and China.
Hong Kong, Mainland tie up for mutual access interest rate swap markets
This will allow overseas investors from HK and others to trade in the Mainland market.
Dah Sing Bank raises deposit rate and prime rate
The deposit rate is now 0.75% per annum.
Hang Seng Bank warns of fraudulent facebook account
The bank said that it will never ask customers to give their personal information through embedded links.
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Commentary
Driving non-Grade A office market with the Hostels in the City Scheme