Hong Kong
Population dips 1.6% in H1 2022 amidst persistent low fertility rates
Population dips 1.6% in H1 2022 amidst persistent low fertility rates
The plunge in birth rate in the last two years was attributed to the COVID-19 pandemic.
Gov't launches new round of Fintech training, subsidy scheme
Subsidy for each approved project increased to $150,000.
Foreign domestic helpers entering HK to undergo a ‘3+4’ quarantine starting August 12
Under the model, workers will be quarantined for three nights in designated hotels.
Cathay Pacific narrows loss to $5b in H1
Progressive adjustments to COVID restrictions in Hong Kong aided the airlines.
Deal-making for commercial real estate down 50% in Q2 22
The market’s transaction volume reached $18b (US$2.3b).
Dah Sing Bank temporarily closes Mei Foo Sun Chuen Branch
It will reopen on 11 August.
HKEX lists first A-share structured products
The derivative warrants are based on the MSCI China A 50 Connect Index.
Social distancing measures in business establishments retained until Aug. 24
Bars and pubs will still need to operate at 75% capacity.
Business sentiment of SMEs ‘eases’ in July
The current diffusion index dropped to 43.4 during the month.
CLP Holdings records HK$4.9b loss in H1 2022
It saw a HK$3.9b loss in operating earnings.
HK cuts hotel quarantine period down to 3 days
This will be followed by a 4-day medical surveillance.
SleekFlow allows online sellers to offer checkout on social media chat boxes
Through its One Click Checkout feature, consumers do not need to visit a third-party website to complete their purchase.
Savills Hong Kong, Inspace XR partner for interactive 3D model use in real estate
The technology will be used for 17 Kai Cheung Road and 46 Sassoon Road projects.
Foreign currency reserves down to US$441.7b in July
This is over US$5m lower from the preceding month.
HKB Greater Bay Area Enterprise Awards 2022 is now accepting nominations
Submission of entries is until 4 November 2022.
Why demand for nano flats is subsiding
Projects like SOYO in Mongkok only sold less than 30% of its 120 units.
Cathay Pacific to avoid designated airspace zones in Taiwan: report
This comes at the back of China’s recent live-fire military drills.
Read Here
Advertise
Sign Up
Commentary
In the age of AI, creativity is the decisive advantage
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
Why Hong Kong’s retail product reshuffle may favour large suppliers