Hong Kong
Office property market to recover despite high vacancy rates
Analysts expect it to enter the last phase of its down-cycle.
Cathay Pacific reaffirms 10% SAF use by 2030
It highlights the importance of SAF as it works towards net-zero by 2050.
Cathay Pacific air traffic rockets by 278.4%
This is 95.3% lower than pre-pandemic levels in August 2019.
HK GDP increases by 7.6% in Q2 2021
This is an 8% increase from the first quarter of 2021.
Sunrise secures HKB award for Air Lab project
Since its launch, the pioneer Air Labs marked a milestone in the mass testing campaign in Hong Kong.
Baxter Healthcare’s Transformative Product Innovation Evolves the Healthcare Ecosystem
These were developed to extend aid to Hong Kong healthcare providers.
Credit card circulation decrease by 1.5% in Q2
Payment card usage increased by 18.8% QoQ in Q2 2021.
SVF transactions up by 0.8% in Q2
Compared with the end of Q2 2020, SVF accounts in use were up by 0.6% in 2021.
Decline in expats drags luxury residential market
However, the rise in local demand softened the blow.
Marketing Briefing: 'Go-local' trend rises as pandemic drags on
41% of Hong Kong consumers support local businesses.
HK total retail sales to reach $360b in 2021: PwC
Retailers are embracing new consumer behaviour in the age of "bricks and clicks."
Residential transaction shows downward trend: Cushman & Wakefield
Home prices are expected to rise by a maximum of 3% in Q4.
Global Sources triumphant in two awards competition in Hong Kong and China
It is also the only company to win two different awards—one recognises a firm’s achievement at the project level and another, at the corporate level.
Architects to remodel Hong Kong into a greener, more future-ready city
Highly integrated design and infrastructure that will further link Hong Kong into the Greater Bay Area are expected in the next year.
Bond Connect's southbound trading launch date set
Bond Connect will expand mutual access between Hong Kong and China markets.
PBoC, HKMA approve southbound trading under Bond Connect
The move aims to promote the development of the bond markets in Mainland China and Hong Kong.
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