Hong Kong
Grade A office market net absorption steady, high street leasing up in Q3: report
Grade A office market net absorption steady, high street leasing up in Q3: report
The residential market stays stagnant despite the Fed rate cut.
HK Express launches cross-platform partnership with Klook
As part of this, the airline is rolling out a series of promotions.
3 in 10 Hongkongers plan to ‘lie flat' to qualify for public housing
Still, nearly 60% said they would not do so.
Rate cut and soaring stocks may boost housing market
With 109,000 available housing units, pressure on secondary prices is expected to persist.
Hang Seng bank declares third interim dividend of HK$1.2 per share
The payment date is on 12 November 2024.
Hong Kong records 1.38 million visitors during National Golden Week
The daily average of Mainland visitors was around 170,000.
HK and Macau conduct drill for cross-boundary ambulances scheme
The pilot scheme's next phase will be considered upon operational experience.
HSBC wins Hong Kong Business Technology Excellence Award for pioneering AI and data innovation
The company’s advancements have significantly enhanced data accessibility, operational efficiency, and customer service whilst ensuring robust compliance and cost savings.
HK ranks 4th amongst leading global sources of cross-border capital
Top three asset classes include the industrial, multifamily offices, and office sectors.
Hong Kongers sceptical of tech progress despite recognising future potential
About half of citizens said technological progress harms people's lives.
Interest rate cut in retail set to boost disposable income
The single-digit vacancy rate in high-street shop rents grew by 1% QoQ in Q3 2024.
HK Express launches direct flights to Hualien starting 12 December
It is the airline’s fourth destination in China.
Grade A offices rent fell 16% QoQ in Q3
Net absorption totalled 125,400 sq. ft., staying positive for a fifth consecutive quarter.
HK suspends poultry imports from Hungary, US due to H5N1 outbreak
This comes after a notification from respective organisations about the cases.
Gov't calls on businesses to use plastic alternatives as deadline nears
The regulation has driven a trend of waste reduction across sectors.
HK launches $3b Artificial Intelligence Subsidy Scheme
Eligible users may be subsidised up to 70% of the service list price.
DBS Hong Kong names Kuok Khoon Hua as independent non-exec director
The appointment is effective 7 October 2024.
Commentary
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