Hong Kong
Value of total retail sales jumps 4.1% YoY to $28.3b in July
Value of total retail sales jumps 4.1% YoY to $28.3b in July
Online retail accounted for 7.9% of the total sales.
Only 3 in 10 organisations are ‘advanced’ in digital agility
With a lack of progress, Hong Kong retained its 5th rank in the Digital Agility Index.
3-storey residential block at Grampian Road up for sale by public auction
It has a reserve price of $404.25m.
Hong Kong life insurance industry revenues dip by 3.3%
New business premiums from Mainland China visitors surged by 150%
Chubb taps Sun Life Singapore ex-CEO as Hong Kong president
She is tasked with the integration of Cigna’s assets into Chubb Hong Kong.
Hong Kong consumers are ‘moderately literate’ in insurance: study
But behavioural biases dragged the city's literacy score.
82.1% undivided shares of Yee Lin Mansion launched for collective sale
It will be sold via expression of interest.
Dah Sing Bank temporarily shutters Mongkok Branch
It will reopen on 31 August.
2 in 5 Gen Z workers would rather quit if no remote work option
More than three in 10 wouldn’t accept a job without remote work.
Realord half-year revenues jumps 31%
The group reported earnings per share of $3.56.
Grade A office vacancy climbs to 9.6% in July
JLL said it's the traditional low season for the office leasing market.
Bosideng bags US$35m sustainability-linked loan from DBS Hong Kong
This marks the largest sustainability-linked loan in Asia.
Sluggish global growth momentum drags Hong Kong’s export performance
The city’s total export dropped by 8.9% YoY in July.
Sun Chun Street property in Tai Hang sold for $588.7m: JLL
The property was sold through public auction.
DBS Hong Kong grants US$35m green-linked loan to down apparel firm Bosideng
The loan has a one year tenor.
Hong Kong raises postage fees
The adjustments were said to be in line with cumulative inflation.
Gov’t adds 500 more for daily quota applications under Come2hk scheme
The Come2hk scheme involves travel of non-residents without quarantine.
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