Hong Kong
Residential property prices to rebound by 5%-8% in 2023
Residential property prices to rebound by 5%-8% in 2023
S&P Global cited China’s reopening as one of the reasons for its revival.
Ap Lei Chau buildings sold for $157m in public auction: JLL
The sites were sold to Sky Dynamic International Investments Limited.
Hong Kongers invited to submit views on minimum wage review
The first-stage consultation will be open until 24 April.
Hong Kong Airlines to offer 4-times weekly service for HK-Phuket flights
The flight offering will start on 16 June 2023.
Heads up tenants: Housing Authority announces rates concession starting April
Domestic tenants will receive $1.176b whilst non-domestic tenants will get $16.6m.
5 Hong Kong restaurants land on Asia’s 50 Best Restaurants list
The Chairman remains the top restaurant in Hong Kong.
Hong Kong to launch exhibition promoting I&T development
Over 2,600 exhibitors from 19 countries and regions will participate in the event.
Exports value drops 8.8% YoY to $286.2b in February
The weak external environment contributed to the decrease.
Gammon Construction bags Infrastructure Technology - Industrial Construction win at HKB Technology Excellence Awards 2022
The technology provided significant advantages to the work and standardised the construction sequence.
Viva Place up for lease
The 27-storey building has a total gross floor area of 300,000 sq ft.
Sheraton & Four Points up for sale
The property has 1,219 rooms.
Hong Kong’s Fusion Bank launches investment services
They can use the services for a subscription fee of as low as HK$10 or US$1.
Gov’t lays out policies, measures on family office businesses
Amongst measures include profits tax exemption for family-owned investment holding vehicles.
HKEX expands listing rules for Specialist Tech Companies
Changes in the listing will take effect on 31 March.
Walter Liu appointed as new American Express’ head of Asia Region
He will manage American Express teams across Hong Kong, Taiwan, Singapore, and Thailand.
Hang Seng Bank prime lending rate unchanged at 5.625%
The HKD bonus interest rate was also unchanged.
Buildings Department approves 23 construction plans last January
The department also issued 17 occupational permits.
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