Hong Kong

Majority of Hong Kong investors cited lack of transparency as barrier to more sustainable investing.

The average monthly spending increased by 22% in 2022.

The HKIA told Hong Kong Business that it has projects like SKYCITY to support the aviation industry’s recovery.

More than half said their productivity was affected by such an incident.

It ranks 19 out of 44 in the global rankings.

JLL said residential sales in the last nine months have dropped to its lowest level in 20 years.

In Hong Kong Island, rents picked up by 1.2% QoQ.

Higher sales and demand are on the line, says a property expert.

Causeway Bay vacancy hit single-digits for the first time since Q1 2020.

The completion of a new logistics centre in Tuen Mun contributed to this.

He has 25 years of experience in the financial industry.

A total of 20 transactions were accounted for during the period.

Q3 saw an additional 1.8 million sq. ft. of new office space.

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.

bodw+ features all-in-one integrated content with one-stop access.

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.