Hong Kong

HKTDC inks agreement facilitating economic exchange with Aomori Prefectural Government 

The agreement will create opportunities for businesses in both locations.

Sha Tin lot to be launched for sale on Aug. 19

The site will be sold by public tender.

Economy shrinks by 1.3% YoY in Q2

This marks the second consecutive quarter of GDP contraction.

What Hong Kong’s 3+4 means for inbound travellers

They are required to undergo a 3-day hotel quarantine and day medical surveillance.

Almost 90% of Hong Kongers want remote work

But only 45% have the option for remote working. 

Over 30% of businesses struggle with talent shortage: CPA

This is holding back companies’ digital transformation strategies.

BOC HK, BOC Life launch green savings insurance plan

It offers up to a 3% annualised guaranteed rate of return at policy maturity.

Export and import volumes fall in June as prices soar in Hong Kong

Export volume dropped by 12.5% YoY whilst imports decreased by 6.9% YoY.

Population dips 1.6% in H1 2022 amidst persistent low fertility rates

The plunge in birth rate in the last two years was attributed to the COVID-19 pandemic.

Gov't launches new round of Fintech training, subsidy scheme

Subsidy for each approved project increased to $150,000.

Foreign domestic helpers entering HK to undergo a ‘3+4’ quarantine starting August 12

Under the model, workers will be quarantined for three nights in designated hotels.

Cathay Pacific narrows loss to $5b in H1

Progressive adjustments to COVID restrictions in Hong Kong aided the airlines.

Deal-making for commercial real estate down 50% in Q2 22

The market’s transaction volume reached $18b (US$2.3b).

HKEX lists first A-share structured products

The derivative warrants are based on the MSCI China A 50 Connect Index.