Hong Kong
Citi names Keith Lee as Hong Kong high net worth market manager
Citi names Keith Lee as Hong Kong high net worth market manager
He has 25 years of experience in the financial industry.
Commercial property investment volume up 5.7% QoQ to $18.1b in Q3
A total of 20 transactions were accounted for during the period.
New supply pushes Grade A office vacancy up to an all-time high of 11.9 million sq ft
Q3 saw an additional 1.8 million sq. ft. of new office space.
Five new co-investment partners for I&T fund introduced
They assessed the venture capital fund’s capabilities.
The Innovation & Technology Venture Fund has five new co-investment partners after scrutinising 15 applications, the government announced.
Its identified partners are Beyond Ventures II Fund LP, BitRock Capital Fund II, LP, BVG IV LP, ORI Healthcare Fund II, LP, and Transcend Capital Partners II LP.
“The remaining selected partners will be announced later,” the government said in its issued statement.
Selection of these partners were based on assessment criteria which include venture capital fund’s capability, investment strategy and performance, management team’s expertise and experience and local network and resources, and the advice of the fund’s advisory committee.
This fund was established to urge venture capital investment in local I&T startups and to improve the I&T ecosystem in Hong Kong.
So far, the government co-invested in 27 local startups. The investment totalled around $200m, and attracted around $1.7b of private investment.
HKDC’s all-new knowledge platform is set to be the leading online design portal
bodw+ features all-in-one integrated content with one-stop access.
How can a metaverse gaming platform drive foot traffic to businesses in the real world
AiR World founder Gabriel Kwong said their users visit their partner malls which serve as a gateway to the metaverse at least 3 to 5 times a month.
Health vs wealth: What’s more important for Hong Kongers?
HSBC Life’s +Factor Study reveals key insights into how health and financial well-being impact lives.
How can Hong Kong organisations leverage on the benefits of AI for improved customer experience
As a digitally savvy population, Hong Kong’s consumers expect retail organisations and brands to invest in enhanced digital capabilities that deliver seamless, hyper-personalised digital experiences. Advances in digital transformation and data modernisation enable retailers to target consumers more accurately and, as a result, achieve higher success.
Office rents decline persist in Q3
Central and Kowloon East saw the highest vacancy.
Prime beachfront single-lot house on Lantau South Road up for sale
The property is adjacent to Tong Fuk Beach.
Bank of China HK warns of fake website
It has already been reported to the HKMA and the local police force.
Four digital transformation trends crucial for business operations
These trends include industrial metaverse, and cybersecurity, amongst others.
EY partner: Establishing a strong virtual presence, digital marketing amongst to-do list amidst economic impacts
Jacky Lai recognised how the pandemic collapsed businesses’ digital roadmaps in a few months.
Invesco relocates to Hongkong Land’s Jardine House
The firm will rent 33,000 sq. ft. in the high zone of the office tower.
Why is Hong Kong robust in the energy war?
An energy expert says Hong Kong has secured energy from nuclear to gas-fired power.
Hong Kong ‘flexible’ over age limit of payload specialist
However, ultimately it will remain the city’s decision.
Foodpanda rolls out reusable packaging pilot programme
The food company will provide 8,000 reusable food containers to participating restaurants.
Commentary
Why the impact of AI is being underestimated and how it will transform business productivity in Hong Kong
The strategic decarbonisation model for Hong Kong real estate
The survival playbook for the CEO amidst geopolitical conflicts
The succession shift: Redesigning wealth structures for the next generation